Islamic microfinance platform for home and auto ownership in Turkey
Fuzulev operates a group-based financing model rooted in mutual aid principles, enabling Turkish households to purchase homes and vehicles without traditional bank interest. The tech stack is security-focused (SIEM, EDR, DLP, SAST, DAST across Fortinet and Cisco infrastructure) and operationally mature (SQL Server, PostgreSQL, Oracle, Power BI for reporting), reflecting the compliance and risk-management demands of a financial services operator managing tens of thousands of active loan pools. Current hiring skews senior and managerial across engineering and operations, with active projects in disaster recovery, high-availability architecture, and SD-WAN optimization—indicating investment in uptime and operational resilience.
Fuzulev is a non-bank financial services company founded in 1992, headquartered in Istanbul, that facilitates group-based home and vehicle purchases across Turkey. The product model organizes individuals into mutual-aid groups who pool resources and finance purchases for group members in turn, eliminating conventional bank interest and payment-term markups. The platform serves over tens of thousands of families and operates at a scale of 1,001–5,000 employees. Infrastructure spans multi-vendor security (Fortinet, Cisco, F5, AWS WAF), enterprise databases (SQL Server, PostgreSQL, Oracle, MySQL), and monitoring systems (FortiManager, FortiAnalyzer). Current operational focus includes disaster recovery planning, network expansion, and third-party security audits.
Fuzulev uses a group-based mutual-aid system where individuals form groups to purchase homes or vehicles collectively, providing interest-free and term-neutral financing to members in rotation, inspired by traditional Turkish cooperative lending practices.
Fuzulev runs enterprise security infrastructure (SIEM, EDR, DLP, SAST, DAST, Fortinet, Cisco, F5), multi-database backends (SQL Server, PostgreSQL, Oracle, MySQL), and analytics via Power BI, with ISO/IEC 27001 compliance.
Other companies in the same industry, closest in size