Birevim
Information by Research TrustFinance
Birevim was founded in 2016 with the mission of enabling individuals to acquire property and vehicles without incurring interest charges or relying on traditional bank loans. The company operates on a "Tasarruf Finansman" (Savings Financing) model, a collective financing system where customers join savings groups. Members make regular monthly payments, and through a lottery-like system or ordered allocation, each member receives the total financing amount to make their purchase during the savings term. This model is a prominent alternative to conventional credit in Turkey. Since 2021, the company has been operating under the supervision and license of the Banking Regulation and Supervision Agency of Turkey (BDDK).
Turkey
Industry
- Other ServicePRIMARY
Financial