Investor Relations

Tarfin was founded in 2017 by Mehmet Memecan. In April 2017, received the first capital investment from angel investor networks BIC Angels. In September 2018, the company completed the second capital investment process with the participation of local and international funds as follows Collective Spark and Wamda Capital.

In September 2020, the $5 million Series-A round led by the global fintech fund Quona Capital with the participation of Raiffeisen Bank's venture capital fund Elevator Ventures, one of the world's leading agricultural input producer Syngenta Group's venture capital fund Syngenta Ventures and supported by Tarfin's existing investors Collective Spark Fund and Wamda. Strengthening the company's balance sheet with the capital investment it has received, Tarfin aims to reach more farmers in Turkey and Eastern Europe by ramping up its investments in data science, mobile technologies, and teams.

Drawing attention with the support it provides to agriculture in Turkey, Tarfin received technical assistance in financial reporting and independent auditing under the "Pre-Investment Preparation Program" of the European Bank for Reconstruction and Development (EBRD) in 2019. As of 2018, the company underwent an annual independent audit by KPMG.

In 2020, Tarfin was also eligible to receive technical support assistance offered to micro-finance companies under the Employment and Social Innovation Program (EaSI) of the European Commission.

Tarfin issues asset-backed securities (ABS) that transform agricultural receivables into a structured investment instrument for qualified individual and institutional investors. Farmer receivables, which are approved by Tarfin’s agricultural risk scoring model, are presented to investors, and become an investment allure. With the power of ABS issuances contribution, Tarfin ensures competitive prices for farmers all over the country.

Tarfin won the "Special Award" at the 4th TCMA Capital Markets Awards in 2018, one of the most prestigious competitions in the capital markets, as well as winning "Best Structured Bond Product" at the Bonds and Loans Awards in 2019.

Tarfin Asset-Backed Securities Issuances

12th ISS.

50 Mio ₺

PASHA Yatırım Bankası A.Ş

09.12.2021

11th ISS.

50 Mio ₺

PASHA Yatırım Bankası A.Ş

03.11.2021

10th ISS.

50 Mio ₺

PASHA Yatırım Bankası A.Ş

24.09.2021

9th ISS.

50 Mio ₺

PASHA Yatırım Bankası A.Ş

11.06.2021

8th ISS.

46 Mio ₺

PASHA Yatırım Bankası A.Ş

24.02.2021

7th ISS.

40 Mio ₺

PASHA Yatırım Bankası A.Ş

08.10.2020

6th ISS.

14 Mio ₺

PASHA Yatırım Bankası A.Ş

27.06.2020

5th ISS.

20 Mio ₺

PASHA Yatırım Bankası A.Ş

27.02.2020

4th ISS.

10 Mio ₺

Ünlü & Co Menkul Değerler A.Ş.

22.11.2019

3rd ISS.

10 Mio ₺

Ünlü & Co Menkul Değerler A.Ş.

31.05.2019

2nd ISS.

1 Mio ₺

Ünlü & Co Menkul Değerler A.Ş.

04.12.2018

1st ISS.

1 Mio ₺

Ünlü & Co Menkul Değerler A.Ş.

11.06.2018

You can contact Tarfin for your questions regarding Tarfin ABS issuances and financial reports.

Our Investors

The value created by Tarfin for farmers has attracted the attention of many investors. Thanks to our investors and their trust, we are working to build on our achievements.

About Quona Capital

Quona Capital is a scale-up stage venture firm focused on fintech for inclusion in emerging markets. Quona partners have deep experience as investors and operators in both emerging and developed markets and look for entrepreneurs whose companies have the potential to provide outstanding financial returns and promote breakthrough innovation in financial inclusion. To date, Quona has supported more than 30 financial technology companies, expanding access for underserved consumers and small businesses in Latin America, South and Southeast Asia, and Sub-Saharan Africa. Quona got its start through a strategic relationship with Accion, a global nonprofit with a pioneering legacy in microfinance and fintech impact investing.

quona.com

About Yara Growth Ventures

Yara Growth Ventures is the venture investment team within Yara International ASA. (a world leading crop nutrition and agriculture company headquartered in Norway) The Yara Growth Ventures team invests in disruptive startups in the agri-food industry globally in order to advance the mission of responsibly feeding the world and protecting the planet.

yaragrowthventures.com

About Elevator Ventures

Elevator Ventures, the venture capital entity of Raiffeisen Bank International, is expanding its portfolio with a focus on fintech ventures in Central and Eastern Europe. Combining its belief in the fintech ecosystem in the region with the expertise and corporate solution partnership of Raiffeisen Bank International, Elevator Ventures aims to bring its invested enterprises to a leading position in their sectors.

elevator-ventures.com

About Syngenta Ventures

Syngenta Ventures is the corporate venture capital (CVC) arm of Syngenta Group, one of the world’s leading agriculture innovation companies, with roots going back more than 250 years. Its 48,000 people across more than 100 countries strive to transform agriculture through breakthrough products and technologies that play a vital role in enabling the food chain to feed the world safely, sustainably and with respect for our planet. Launched in 2009, Syngenta Group Ventures was one of the first corporate venture capital teams dedicated to agriculture. With an experienced team of investment professionals and a large, diverse portfolio of investments, Syngenta Ventures has established itself as one of the most active and knowledgeable investors in the space today. Syngenta Ventures makes investments across North America, Europe, Latin America, Israel, India and China with a common theme of helping growers to be more profitable while positively impacting the future of agriculture.

syngentaventures.com

About Collective Spark Fund

Collective Spark Fund, established in Turkey, focuses on early stage technology ventures. Focusing on startups that have the potential to change their industry, the fund positions itself as a long-term partner for startups. It provides access to the best expert talent and hands-on shared resources in different areas critical to the success of initiatives.

collectivespark.com

About Wamda

Wamda accelerates entrepreneurship ecosystems throughout the Mena region by joining Wamda’s multi-stage, sector-agnostic investment vehicle, focused on partnering with high growth technology or technology-enabled startups, as well as the leading knowledge platform offering integrated programmes including thought leadership and research, community development, Wamda’s fellowship programme Wamda X, as well as corporate and government advisory services to the various stakeholders of the Mena startup ecosystem

wamda.com