Best Payments Companies in Istanbul, Turkey
The 77 best Payments companies in Istanbul, Turkey in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Iyzi Payments.
Our analysis of 150 Payments companies
$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in Istanbul
| # | Company | Last round | Disclosed funding | Stage | Founder | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | A Odeme Wallet-enabled payment solution for consumers | — | — | Unfunded | Serhan Kavi CEO | — | — | — |
| 2 | asis elektronik Asis Elektronik is a turkish company with domestic capital operating in defense, cyber security and financial… | — | — | Acquired | — | 222 | WordPressApple iCloud MailMySQL+18 | — |
| 3 | bilesim Bilesim is a financial company that provides card payment systems, ATMs, POS, call center, and field… | — | — | Acquired | — | 362 | Node.jsRadix UITailwind CSS+7 | 1 award |
| 4 | BillOver Developer of software that automates receipt scanning, categorization, and processing | — | — | Unfunded | Omer Kala Co-Founder | — | — | — |
| 5 | Bonusflas Wallet based payment solutions | — | — | Unfunded | Inan Berk Kupeli Founder | — | Amazon WebstoreBootstrapVue.js+13 | — |
| 6 | BVK Technology Anti-fraud solution for ATM | — | — | Funding Raised | Kursat Kurt Founder & CEO | — | — | — |
| 7 | Cardtek Payment Processing Services Payment acceptance, merchant acquiring and money transfer services | — | — | Deadpooled | Ayse Nil Sarigollu CEO | — | Windows ServerMicrosoft ASP.NETIIS+2 | — |
| 8 | CMT Wallet App based e-wallet provider | — | — | Unfunded | Michael Yuan Co-Founder | — | — | — |
Top 12 Payments companies in Istanbul
#1
Series B · Uskudar, Istanbul · founded 2018$15Mraised▾
Sipay is an innovative payment technology company that unites various payment products like Virtual POS, Physical POS, Open Banking, and Digital Wallet under one umbrella to offer easy and fast payment solutions for businesses.
- Apr 2025Series B$78M
- Jun 2024Series A$15M
#2
Seed · Istanbul, Istanbul · founded 2023$500Kraised▾
Platform offering employee wellness benefits solutions. It provides employee engagement and retention solutions. It focused on enhancing employee wellbeing through well designed reward, perk, and benefit programs. The app is available on both google play store and apple store for download.
- Aug 2024Seed$500K
#3
Seed · Istanbul, Istanbul · founded 2022 · 44 employees$2.2Mraised▾
Wallet-enabled local money transfer solution for consumers. Provides NFC-enabled virtual card linked to wallet for money transfer, payment for insurance, shopping, bill payments, QR-code scanning payment without physical card payments, with spending history.
- Jan 2024Seed$1.2M
- Mar 2023Seed$1.1M
- Sep 2022Seed—
#4
Series A · Kagithane, Istanbul · founded 2021$5.6Mraised▾
App-based wallet for individuals and businesses. Provides payments with QR-code, contactless payments, scan and pay, online purchase payments, in-store, and more. Application is made available on Android, iOS, and AppGallery platforms.
- Jun 2023Series A$4.7M
- Nov 2022Seed$914.7K
#5
Seed · Istanbul, Istanbul · founded 2020 · 27 employees$2Mraised▾
Cloud-based payment gateway, payment links, and QR codes solutions for businesses
- Aug 2023Seed$2M
#6
Acquired · Istanbul, Istanbul · founded 2012 · 130 employees$28Mraised▾
Provider of payment solutions for e-commerce companies and individuals. The platform offers a virtual POS, an integration and management panel for multiple POS systems, and more. It also facilitates payments via credit or debit cards, wallets, bank transfers, and more.
- Jan 2019Series C$4M
- Apr 2017Series C$15M
- May 2015Series B$6.2M
- Aug 2014Series B$1.4M
#7
Acquired · Kagithane, Istanbul · founded 2014 · 186 employees$3.5Mraised▾
Developer of an application intended for businesses to accept payments through mobile. The company's platform allows retailers to remove cash registers and receive payments via point-of-sale (POS) devices, tablets, or mobile phones, thus enabling clients to complete their shopping instantly.
#8
Seed · Istanbul, Istanbul · founded 2013 · 3 employees$1Mraised▾
Reward point payment solution for consumers and businesses. Provides a digital wallet that allows one to access bank cards, brand cards, and campaigns with promotional codes from a single platform. Application is made available on Android and iOS platforms.
- Mar 2023Seed$1M
#9
Series A · Istanbul, Istanbul · founded 2011 · 17 employees$2Mraised▾
Mobilexpress provides an online payments platform for businesses. Its digital payments solution offers a mobile wallet solution for its users as well as infrastructural services to its business partners such as an interoperable one-click payment solution for online businesses. It is a mobile operator, bank, and device-agnostic platform to accept online payment from customers. It offers multiple payment products including one-click payment, payment gateway, hosted payment pages, insurance payment, dealer collection, etc.
- Jul 2020Series A$2M
#10
Acquired · Istanbul, Istanbul · founded 2017 · 26 employees$430Kraised▾
Integrated payment solutions for social media platforms
- Mar 2018Seed$180K
- Jun 2017Seed$250K
#11
Papara 🦄Funding Raised · Istanbul, Istanbul · founded 2016$25Kraised▾
Mobile wallet with money transfer and bill payment solutions for consumers. The mobile solution can be loaded with deposits at agent locations or through wire transfers. The stored money can be transferred back to a bank account. The solution allows making online payments, and bill payments directly from the mobile.
- Oct 2020Grant (prize money)$25K
#12
Deadpooled · Istanbul, Istanbul · founded 2012$18.2Kraised▾
SetSec is a software company that offers payment solutions, identification solutions, and loyalty campaign solutions to large scale enterprises. Its services are targeted at creating a secure payment environment for business owners and their monetary operations. Its payment solutions include offline & online close circuit payment system (including PoS terminals, contactless cards), where the PoS terminals verify the card details and transaction offline and online resp. Other solutions include Payment Gateway, NFC mobile tagging, JAVA card application development platform, mobile wallet solutions.
- 2014Seed$18.2K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Istanbul researches in digital payments
- Istanbul University6
- Istanbul Commerce University5
- Istanbul Medipol University5
- Istanbul Bilgi University4
- Istanbul Aydın University3
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.