Shaping the Future of Finance
Together
ONx Ventures is an innovative startup ecosystem established under the ON Digital umbrella as a crucial step in Burgan Bank's digital transformation strategy. ONx Ventures is not merely an investment structure; it is a holistic entity that brings investment, collaboration, and intrapreneurship under one roof.
By combining its regional strength with a global vision, ONx Ventures enables fintech and insurtech startups in Turkey to expand into the MENA region and international markets.
As ONx Ventures, we offer a value creation model that goes beyond direct investment and grows through knowledge, network, and strategic collaboration.
ONx Fund
The ONx fund carries the bank’s vision into the future by investing in early-stage startups that accelerate digital transformation, especially financial technologies.
Our Investment Approach:
Seed and Series A
Seed investments and Series A level investments in startups whose products or services are in the development stage
Strategic alignment
A selection process focused on strategic alignment, scalability, and innovation
Corporate synergy
A goal of long-term collaboration and corporate synergy beyond financial return
Focus Areas
As ONx Ventures, we focus on innovative fintech solutions that aim to digitally transform financial services. The sub-areas we focus on for investment and collaboration are:
Digital Payment Systems & Wallets
Technologies that simplify the user experience, such as mobile payment, e-wallet, instant money transfer, QR / contactless payment solutions.
Lending Tech & Credit Technologies
Modern credit models such as digital assessment, credit scoring, alternative data usage, and micro-credit solutions in individual or SME loans.
Robo-Advisory & Digital Asset Management
Investment advice, portfolio management, personalized financial planning, and digital investment platforms with artificial intelligence / algorithmic support.
Open Banking & API-Based Banking
Open banking solutions, banking and financial service integration through APIs, data portability, and financial ecosystem collaborations.
User-Centric Financial Services & UX-Driven Digital Banking
Customer experience, interface / user experience (UX), personalized financial products, accessibility, and comfort-oriented financial services.
We focus on startups that digitize the insurance sector and produce innovative, technology-oriented solutions. The sub-areas we target for collaboration opportunities and investment are:
Digital Insurance Platforms and Insurance Distribution Technologies
Online insurance platforms that improve customer experience and make access easier by digitizing traditional insurance sales & distribution channels.
Underwriting & Risk Assessment Technologies
Solutions that develop more accurate risk analysis, pricing, and underwriting processes by using big data, machine learning, artificial intelligence, and external data sources (for example IoT, environmental data, demographic data). This makes the risk management of insurance companies more accurate and scalable.
Alternative Insurance Models & Product Innovations
Flexible and innovative insurance solutions that go beyond traditional insurance models and can be shaped according to customer needs. This expands access to insurance and creates innovative risk/production models.
Data, Analytics & AI-Based Insurance Technologies
Solutions that perform customer segmentation, risk modeling, pricing, forecasting, and operational optimization in insurance processes with data analytics, artificial intelligence, and machine learning. In particular, the use of big data and AI provides transformation and competitive advantage in the insurance value chain.
Network
ONx Ventures also acts as a collaboration network that brings startups together with the technology partners of the Burgan Bank, Burgan Yatırım, Burgan Leasing, and ON Dijital ecosystem. Focused meetings are held with startups in the ecosystem.
For startups;
pilot work with the bank and subsidiaries
product development
opportunities to expand to Kuwait and the MENA region.
InnovaClub
Intrapreneurship Program
InnovaClub is an intrapreneurship program that enables Burgan Bank employees to bring their innovative ideas to life through a systematic venture development process. The program is led by the Employee Experience Training and Development Unit, and trainings and mentorship sessions are provided by the Entrepreneurship Ecosystem.
Evaluation Committee
ONx fund investments are evaluated by the Evaluation Committee, which includes leaders from different areas of expertise within Burgan Bank.
The committee considers each startup within a holistic framework in terms of financial performance, strategic alignment, technology capacity, and scaling potential.
* The Evaluation Committee and the investment committees within the fund are separate bodies; members of the Evaluation Committee are not required to represent the investment committees.
Team
As the ONx Ventures team, we are an experienced team in finance, technology, and entrepreneurship. For startups, we are positioned not only as an investor but also as a companion and innovation partner.
Contact
Let’s grow together.
Tell us about your venture and the partnership you are looking for.
If you are building innovative solutions in finance, technology, or insurtech, let’s meet.
Your personal data will be processed by Burgan Bank A.Ş. for the purpose of evaluating your application, within the scope of the KVKK Disclosure Text.