Colendi is comprehensive decentralized credit scoring protocol and microcredit platform with blockchain and machine learning technologies.

Colendi provides a novel alternative for current financial technology landscape.

Colendi was founded in Turkey in 2016 by Bulent Tekmen, Eray Eren, Mihriban Ersin Tekmen, & Zahid Sagiroglu. The company is headquartered in London and Istanbul, Turkey.


Colendi serves as an end-to-end or comprehensive white-label financial and microcredit platform. The firm’s scoring and fraud detection features evaluated on top of Machine Learning algorithms, both are dynamic and learning-based.


Colendi's solutions also include a payments API, a credit marketplace and merchant network, as well as financial solutions for taking payments and performing funds transfers.


Colendi's merchant network includes more than 1000 service providers across the gaming, transportation, dining, and retail sectors.


Colendi is backed by Re-Pie Asset Management, Aslanoba Capital, Bogazici Ventures, Next Ventures, and others. The company raised $30M in Series A round on Sep 14, 2021. This brings Colendi's total funding to $32.5M to date. The latest round valued the company at a $120M post-money.



  • Year founded: 2016
  • Funding Info: $32.5M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $120M as of Sep 14, 2021
  • City/Town: London
  • State: London
  • Country: United Kingdom
Related businesses