İnanç Balcı Joins Colendi Board to Expand Globally

Balcı’s Stellar Record

• Early-Stage Fintech Investment Expertise Balcı’s current role as co-founder of Crestone Venture Capital, a global early-stage fintech investment fund, positions him at the forefront of identifying and fostering promising fintech ventures. This expertise can be instrumental in guiding Colendi’s own investment strategies and collaborations within the industry.
• E-Commerce Visionary He previously played a transformative role in Southeast Asia’s e-commerce landscape as the regional co-founder and local CEO of Lazada Group. This leadership resulted in the company’s landmark acquisition by Alibaba for a staggering $3.2 billion, marking the region’s largest such transaction. Balcı’s experience in building and scaling a dominant e-commerce player brings valuable insights into understanding customer needs, navigating complex markets, and achieving rapid expansion.
• Mobile Payments Trailblazer Balcı’s deep understanding of the payments landscape stems from his role as the founding partner of HelloPay, a mobile payments platform acquired by Ant Financial in 2015 and later rebranded as Alipay. This experience equips him with a comprehensive understanding of fintech solutions, digital payments trends, and the evolving needs of the financial ecosystem.

A Collective Vision for Growth

Ian Hannam, Chairman, and Bülent Tekmen, Co-founder and CEO of Colendi, expressed their strong support for Balcı’s appointment:

“As we experience rapid growth in Turkey and internationally, we are actively strengthening our team. İnanç Balcı brings a wealth of experience in building world-class businesses across the e-commerce and fintech sectors. Together, we share a collective vision of establishing Colendi as a leading force within the industry.”

Balcı’s appointment signifies a significant step forward for Colendi. His extensive experience, proven track record, and strategic vision will undoubtedly contribute to the company’s continued growth, innovation, and leadership within the dynamic world of fintech. With a powerhouse leadership team in place, Colendi is well-positioned to capitalize on emerging opportunities and shape the future of the industry.