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Radar · Payments in Turkey

Best Payments Companies in Turkey

The 96 best Payments companies in Turkey in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Iyzi Payments.

96companies tracked
$60.3Mdisclosed funding
1unicorns
25have raised

Turkey's Payments sector is what this directory maps: 96 companies, $60M in disclosed funding, and one unicorn already in the mix. Iyzi Payments leads the funding table at $28M, with Sipay close behind at $15M and Alternatif SuperApp pulling $6M. The global payments market sits at roughly $511.9B and is forecast to reach $847.6B by 2027 at an 8.9% CAGR, and Turkey's builders are clearly positioning for that tailwind. Open Banking and contactless adoption are the demand engines here. Regulatory gaps remain a real variable, though, and how Ankara moves on that front will shape which of these 96 companies actually scales.

So what's the live signal right now? Coverage is rising fast, and the hot themes are faster payments infrastructure and next-gen digital banking platforms. I'd watch the flight disruption payments thread closely too, given how quickly Sri Lanka's government digitized local payments and what that signals for emerging-market adoption curves. Meanwhile, Pmtbox's $15M seed round to unify fragmented commerce stacks shows you exactly where global capital is pointing. Active investors like APY Ventures, Finberg, and Village Capital are already on the ground in Turkey. The directory you're about to browse reflects a market that's moving, not waiting.

Ranked: Best Payments companies in Turkey

#CompanyLast roundDisclosed fundingStageEmployeesFoundedFounderRecent signals
1A Odeme
Wallet-enabled payment solution for consumers
——Unfunded—2021Serhan Kavi
CEO
—
2asis elektronik
Asis Elektronik is a turkish company with domestic capital operating in defense, cyber security and financial…
——Acquired2222007——
3Bakiyem.com
MPOS app for accepting payments
——Funding Raised82017——
4bilesim
Bilesim is a financial company that provides card payment systems, ATMs, POS, call center, and field…
——Acquired3621998—1 award
5BillOver
Developer of software that automates receipt scanning, categorization, and processing
——Unfunded—2024Omer Kala
Co-Founder
—
6Bonusflas
Wallet based payment solutions
——Unfunded—2015Inan Berk Kupeli
Founder
—
7BVK Technology
Anti-fraud solution for ATM
——Funding Raised—2004Kursat Kurt
Founder & CEO
—
8Cardtek
Since 2001 Cardtek provides innovative end-to-end payment solutions for financial institutions, processors…
———612001——

Top 12 Payments companies in Turkey

#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 47k LinkedIn followers — 8.9% of this cohort's audience · 124 engagements/post (1.6× cohort median)
Funding rounds
  • Apr 2025Series B$78M
  • Jun 2024Series A$15M
Founders & team
Nezih SipahiogluFounderSemih MusabakCEO
Investors
Anfa, Elephant Venture Capital, QuantumLight
Tech stack
BootstrapCloudflareCookieyesCore-JsFacebook PixelGoogle Analytics
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 992 LinkedIn followers
Funding rounds
  • Aug 2024Seed$500K
Founders & team
Ceran DereobaliCo-FounderSerkan KocamanCo-Founder
Investors
Erhas
Tech stack
Amazon Web ServicesCloudflareCloudflare Bot ManagementFramer SitesGoogle AnalyticsGoogle Font Api
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Jan 2024Seed$1.2M
  • Mar 2023Seed$1.1M
  • Sep 2022Seed—
Founders & team
Ibrahim CelikCo-Founder
Investors
United Payment, APY Ventures, Colendi, Tera Ventures, Neo Portfoy, Re-Pie
Tech stack
Framer SitesGoogle AnalyticsGoogle Font ApiGoogle WorkspaceHstsHttp/3
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Jun 2023Series A$4.7M
  • Nov 2022Seed$914.7K
Founders & team
Zeynel MirzaCEO
Investors
QInvest, APY Ventures, Fonangels.com, Turk Capital
#5
Seed · Istanbul, Istanbul · founded 2020 · 27 employees
$2Mraised
▾

Cloud-based payment gateway, payment links, and QR codes solutions for businesses

LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 3.1% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: performanceansnz
Funding rounds
  • Aug 2023Seed$2M
Investors
APY Ventures, D4 Ventures, Hepsiburada, Bogazici Ventures
Tech stack
Amazon Web ServicesDocusaurusFont AwesomeGoogle AnalyticsGoogle Tag ManagerGoogle Workspace
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 57k LinkedIn followers — 10.9% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jan 2019Series C$4M
  • Apr 2017Series C$15M
  • May 2015Series B$6.2M
  • Aug 2014Series B$1.4M
Investors
Endeavor, Speedinvest, IFC, 212 Vc, Amadeus Capital, VEF
Tech stack
Amazon AlbAmazon Web ServicesAosCdnjsCloudflareCloudflare Browser Insights
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 35k LinkedIn followers — 6.7% of this cohort's audience
Activity: 1 awards announced in 12 mo
Founders & team
Fevzi GungorCEO
Investors
Teya, SNK
Tech stack
Master SliderWordpressMysqlPhpYoutubeAnimate.Css
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Mar 2023Seed$1M
Founders & team
Ertugrul GulerCo-Founder & CEO
Investors
iWallet
Tech stack
Cart FunctionalityCloudflareCore-JsFacebook PixelGoogle AnalyticsGoogle Tag Manager
#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.

Funding rounds
  • Jul 2020Series A$2M
Founders & team
Emre GuzerCEO
Investors
Collective Spark
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsHstsHttp/3Jquery
#10
Acquired · Istanbul, Istanbul · founded 2017 · 26 employees
$430Kraised
▾

Integrated payment solutions for social media platforms

Funding rounds
  • Mar 2018Seed$180K
  • Jun 2017Seed$250K
Investors
StartersHub, Daal, Village Capital, Khazar Ventures, Hub GSYO
Tech stack
Apple Icloud MailBootstrapCloudflareCloudflare Browser InsightsCore-JsEmailjs
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 92k LinkedIn followers — 17.5% of this cohort's audience · 216 engagements/post (2.7× cohort median)
Funding rounds
  • Oct 2020Grant (prize money)$25K
Founders & team
Ilker DikerCo-Founder - Vice President Of The Executive Board
Investors
Inclusive Fintech 50
Tech stack
Amazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementDiscourseEmber.Js
#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.

Funding rounds
  • 2014Seed$18.2K
Founders & team
Demircan CoskunCo-Founder
Investors
Startupbootcamp

Funding & investor landscape

$60.3Mtotal disclosed funding
12companies funded
19disclosed rounds
0rounds last 90 days
Most active investors
APY Ventures4 rounds
Finberg3 rounds
Next Ventures3 rounds
Village Capital3 rounds
Alesta2 rounds
Aslanoba Capital2 rounds
Collective Spark2 rounds
Revo Capital2 rounds
Startupbootcamp2 rounds
212 Vc1 rounds

Notable founders

Nezih Sipahioglu
Founder · Sipay
Semih Musabak
CEO · Sipay
Ceran Dereobali
Co-Founder · Luvu
Serkan Kocaman
Co-Founder · Luvu
Ibrahim Celik
Co-Founder · Turan
Zeynel Mirza
CEO · Alternatif SuperApp
Fevzi Gungor
CEO · Ödeal
Ertugrul Guler
Co-Founder & CEO · Puan Harca
Emre Guzer
CEO · Mobilexpress
Ilker Diker
Co-Founder - Vice President Of The Executive Board · Papara
Demircan Coskun
Co-Founder · SetSec
Omer Arikan
CEO · Tahsildar

Common questions

How many Payments companies are there in Turkey?
Radar tracks 96 indexable Payments companies headquartered in Turkey that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Turkey?
The Payments companies in Turkey on this list have raised a combined $60.3M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Payments company in Turkey?
Iyzi Payments is the highest-funded Payments company in Turkey, with $28M in disclosed equity funding.
How many Payments companies in Turkey are funded?
12 of the 96 Payments companies in Turkey on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Turkey?
1 Payments company in Turkey on this list is valued at $1B or more.
Who are the top investors in Turkey Payments companies?
The most active investors in Turkey Payments companies on this list include APY Ventures, Finberg, Next Ventures, Village Capital, Alesta.
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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.

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