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Fatih İsbecer

Fatih İsbecer, co-founder and Chairman of Commencis, is a first-generation internet entrepreneur from Turkey.

Just at the age of 24, in 2000, Fatih founded his venture, Pozitron, which in 2014 was acquired by UK-based tech company Monitise, making it the largest B2B exit done to date in Turkey.

İsbecer graduated from Galatasaray High School and holds a Physics Engineering degree from Istanbul Technical University. İsbecer is also an active seed investor, and a member of Galata Business Angels, Turkey’s first angel investor group. He enjoys participating in various platforms and institutions such as MIT Sloan School, Stanford GSB and TEDx, to share is entreprenurial know-how and vision on technology.

In 2010, he was invited to participate in a Presidential Summit on Entrepreneurship in Washington DC by former president of the US, Barack Obama. In 2013, 2014 and 2015 İsbecer was named on Fortune's 40 Under 40 List three years in a row.

Career

In 2000, Fatih İsbecer founded a mobile software development company, Pozitron, aiming to create, integrate and secure business solutions through the use of new mobile technology. Pozitron went on to lay foundations for Turkey's mobile banking, mobile commerce and payments ecosystem. Reaching millions of customers in the region with its products, the company has devised steadfast solutions for some of Turkey’s largest banks, airlines, and media companies. In a short period of time, Pozitron became Turkey’s fastest growing mobile technology company, exporting software to 11 countries globally, mainly in the US and Europe.

In 2014, Pozitron was acquired by Monitise, UK’s largest mobile banking and payments company at the time, in the largest B2B software acquisition completed to date in Turkey. At Monitise, Fatih Isbecer acted as the President of Monitise Americas and moved to San Francisco to run the operations of North and South America.

In 2017, Monitise plc was acquired by Fiserv, a US-based leading global provider of financial services technology solutions. After this acquisition, Fatih İşbecer left Fiserv to establish a global brand in digital technologies and founded Commencis, where he is the Chairman.

Exits

In February 2014, Pozitron was acquired by Monitise, a London-based tech company, making it one of the largest mobile software company acquisitions in Europe. This was also the largest B2B exit done to date in Turkey.

Honors and Awards

2018 The Largest Fintech Company by Employee & 10th Largest Company by Transactional Volume- Commencis

2018 16th Altın Örümcek Awards- Best Website of the Year- Commencis & Pegasus

2016 14th Altın Örümcek Awards- Gold Winner Mobile Banking& Finance- Monitise Turkey

2014 Forbes Fastest Growing Companies 3rdplace- Pozitron

2013-2014 MPE Awards Winner- Pozitron

In 2013,2014 and 2015 Fatih Isbecer named on ‘Fortune Turkey’s 40 under 40 list’

2013 Red Herring Top 100 Europe Winner - Pozitron

2012 Silver Stevie Award- Pozitron

2013 Deloitte Fast 500 EMEA Winner

In 2010 Fatih Isbecer was an Obama Invitee to US Presidential Summit on Entrepreneurship

Photo

Alma Mater İstanbul Technical University

Occupation Entrepreneur, businessperson, active seed investor