Fatora

Smart online payment platform, powered by AI.
  • Sector Financial & payment services, E-commerce & online marketplaces
  • Country Turkey
  • Founding date December 2018
  • Stage Paying users
Fatora and invoicing and e-payment platform that helps small and medium-size businesses collect their payments with one click, and Manage the invoices schedule in the MENA region.

General

Sector
Financial & payment services, E-commerce & online marketplaces
Category
Enterprise, Software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android), API)

Business

Target customer
B2B, B2B2C
Customer acquisition strategy
Acquire customers and grow By applying Growth Hacking technique
Revenue model
We have three main revenue stream as a business model:
- Monthly subscription, starting from 49$ per/month
- 1% On each successful transaction.
- Integration and enterprise service (on-Demand)

Market info

Market size
$3,000,000
Competitors
Competitor name
Competitor website
invoice.2go

Total early investment
$700,000
Shareholder structure
Owner type
Name
Equity
Me
Founder
% 35
Saleh
Founder
% 35
Qdb
Angel Investor
% 20
500 Startup
Angel Investor
% 5
Employees
Employee stock option
% 5
Investment round
Angel Investment
Investment amount
$700,000
Equity on offer
% 20.0

Team

Waleed Alyafie  - Turkey
Total team member
18
Comment
Last update: 27.01.2020