Foriba – formerly known as FIT Solutions – is an enterprise solutions provider in Turkey. Founded in 1999, Foriba moves invoice and ledger procedures from paper to digital, allowing companies to manage their B2B transactions online, including e-Invoice, e-Ledger, e-Signature, e-Reconciliation, e-Audit, VAT return and IFRS. Its platform enhances business productivity by increasing labor efficiency, decreasing transportation costs, and facilitating time management. Foriba currently serves 75% of Turkey’s largest 2,000 corporations and collaborates with thousands of SMEs.
Co-founder and CEO Koray Bahar was selected as an Endeavor Entrepreneur at ISP 59 in Amman, Jordan in June 2015.
Co-founder and CEO Koray Bahar was selected as an Endeavor Entrepreneur at ISP 59 in Amman, Jordan in June 2015.
Location: Turkey
Employees: 51-200
Founded date: 1999
Investors 1
| Date | Name | Website |
| - | Endeavor G... | endeavor.o... |
Mentions in press and media 5
| Date | Title | Description |
| 02.05.2025 | Revo Capital's Bold Leap: Fueling Turkey's Startup Ecosystem with $86M Fund | In the bustling landscape of Turkey's startup ecosystem, a new chapter is unfolding. Revo Capital, a venture capital firm with roots in the Netherlands, has secured $86 million for its third fund, Revo Capital Fund III. This marks a signifi... |
| 30.04.2025 | Turkey-focused VC Revo Capital marks first close of Fund III | Cenk Bayrakdar, founder and managing partner, Revo Capital Revo Capital, a Netherlands-based venture capital firm focused on early-stage technology startups in Turkey, has announced the first close of its third investment fund, raising abou... |
| 30.05.2019 | Term Sheet — Thursday May 30, Warby Parker, Qatar and SoFi | HOW WARBY PARKER GOT ITS START Lucinda here, for the last time this week. Polina returns tomorrow! Paid Content You can't secure what you can't see From ExtraHop Here’s an excerpt: Gilboa: In the summer of 2008, before starting school, I to... |
| 29.05.2019 | Sovos to Acquire Foriba | Global tax software provider Sovos today announced it will acquire Istanbul-based Foriba, a leading player in e-invoicing, e-delivery notes, e-receipts and periodic value-added tax (VAT) reporting in Turkey and beyond. Following Sovos’ rece... |
| 28.05.2019 | Sovos Buys Foriba | Sovos, a Boston, MA-based global tax software provider, is to acquire Foriba, an Istanbul, Turkey-based provider of e-invoicing, e-delivery notes, e-receipts and periodic value-added tax (VAT) reporting solutions in Turkey and beyond. The a... |