FinFree Receives Investment from Goodwater Capital

Turkish startup FinFree has received a new investment from US-based Goodwater Capital. No information about the financial details of the investment deal was disclosed. Social investment platform FinFree plans to complete its pre-Series A investment round by including other investors in the third quarter of this year.

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Social investment platform: FinFree

According to the statements made by FinFree, the new investment will be used to invest in FinFree's social investment features and expand into the European market. FinFree, which reached more than 200 thousand users at the end of 2022, has grown over 50 percent in the last three months. In 2022, this growth is expected to increase with the social investment features launched. A platform called Finfree was founded in 2020 by Senih Mete Dal, Adnan Can Türkay and Cem Ünüvar. The platform offers its users the opportunity to follow the investment strategies of experienced investors, review their reports and invest in Turkish stocks.

Finfree's special tools

With Finfree's specialized tools, you can perform fundamental analysis without needing to be an expert in finance. You can instantly learn the growth potential, price, profitability and debt status of companies. You can get the opportunity to invest in the best companies in the sector by comparing them with their competitors. Thus, you can make your financial decisions in a more informed way.

Finfree's financial ratios allow you to compare the company you are considering investing in with other companies in its sector. You can access important financial information such as growth, valuation, profitability, indebtedness and momentum scores at a glance. In this way, you can quickly analyze the past performance of the company you are going to invest in and its position in its sector. Finfree's tools save you the trouble of reading financial information. You can make investment decisions easier and faster.