About Colendi
Colendi is a company based in London (United Kingdom) founded in 2016 by Mihriban Ersin Tekmen and Bulent Tekmen. Colendi has raised $97.5 million across 4 funding rounds from investors including Fibabanka, Next Ventures and Migros. Colendi has completed 1 acquisition, including hadi. Colendi offers products and services including Micro Credit, Buy Now Pay Later, and Scoring Protocol. Colendi operates in a competitive market with competitors including Buy That For Me, among others.
- Headquarter London, United Kingdom
- Founders Mihriban Ersin Tekmen, Bulent Tekmen
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Colendi Holdings Limited
- Date of Incorporation 20 Aug, 2021
- Jurisdiction LONDON, ENGLAND
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Colendi
Colendi offers a comprehensive portfolio of products and services, including Micro Credit, Buy Now Pay Later, and Scoring Protocol.
Offers instant, interest-free loans for daily needs with flexible repayment options.
Enables installment purchases for consumers with low-cost options.
Uses machine learning for unbiased credit reliability assessments.
People of Colendi
Unlock access to complete
Unlock access to complete
Funding Insights of Colendi
Colendi has successfully raised a total of $97.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $65 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Colendi
Colendi has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Fibabanka, Next Ventures and Migros.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Corporate venture capital firm backed by Citi
|
Locked | Locked | Locked | |
|
Venture capital funding is provided by Finberg across multiple sectors.
|
Locked | Locked | Locked | |
|
Hedef Holding is engaged in finance, technology, energy, and real estate sectors.
|
Locked | Locked | Locked |
Investor details for Colendi
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Colendi
Colendi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include hadi.
Investment portfolio details for Colendi
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Blockchain development services are provided by Hadi in Istanbul.
|
Locked | Locked | 2018 | Locked |
Complete acquisition details for Colendi
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Colendi
Detailed financials for Colendi
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Colendi Comparisons
Peer comparison for Colendi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Colendi
Colendi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Buy That For Me, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
A peer-to-peer marketplace that facilitates financing for the purchase of specific goods.
|
Detailed competitors of Colendi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Colendi
Complete news archive for Colendi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Colendi
Colendi was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Colendi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Bulent Tekmen is the current CEO of Colendi. They have also founded this company.
Colendi is a funded company, having raised a total of $97.5M across 4 funding rounds to date.
Colendi was founded in 2016 and is based in London, United Kingdom, within the fintech sector. A peer-to-peer platform for point-of-sale financing is operated, through which instalment payments for products are facilitated for users. Businesses are equipped with tools to process such payments using credit or debit cards, bank transfers, and similar methods. An API is supplied for integrating white-label lending options and conducting credit score assessments.
Colendi's top competitors include Buy That For Me.
Colendi offers Micro Credit, Buy Now Pay Later, and Scoring Protocol.
Colendi has made 1 acquisition, including hadi.
Colendi has 11 investors. Key investors include Fibabanka, Next Ventures, Migros, Citi Ventures, and Re-Pie.