About Iyzi Payments
Iyzi Payments is a company based in Istanbul (Turkey) founded in 2012 was acquired by PayU in June 2019.. Iyzi Payments has raised $28 million across 5 funding rounds from investors including PayU, International Finance Corporation and Naspers. Iyzi Payments has completed 2 acquisitions, including Mypat and Paynet. Iyzi Payments offers products and services including Sanal POS, iyzico Business, and iyzico Cep POS. Iyzi Payments operates in a competitive market with competitors including Flutterwave, PayU, Coda Payments, CyberSource and Wirecard, among others.
- Headquarter Istanbul, Turkey
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Products & Services of Iyzi Payments
Iyzi Payments offers a comprehensive portfolio of products and services, including Sanal POS, iyzico Business, and iyzico Cep POS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables online payment acceptance for e-commerce businesses
Facilitates secure payment processing for enterprises
Allows mobile-based transactions for merchants and customers
Funding Insights of Iyzi Payments
Iyzi Payments has successfully raised a total of $28M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $4 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $4.0M
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First Round
First Round
(20 Jun 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series C - Iyzi Payments | Valuation | Amadeus Capital , IFC |
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| Apr, 2017 | Amount | Series C - Iyzi Payments | Valuation | VEF | |
| May, 2015 | Amount | Series B - Iyzi Payments | Valuation | IFC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iyzi Payments
Iyzi Payments has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include PayU, International Finance Corporation and Naspers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage deep technology investments are made by Amadeus Capital.
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Fintech sector investments are handled by VEF venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iyzi Payments
Iyzi Payments has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mypat and Paynet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Payment gateways, PoS terminals, and accounting software are provided.
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2015 | ||||
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Payment analytics are provided for enterprise finance, marketing, and operations.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Iyzi Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iyzi Payments Comparisons
Competitors of Iyzi Payments
Iyzi Payments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Coda Payments, CyberSource and Wirecard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provides payment processing, customizable stores, and marketplace for digital goods.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iyzi Payments
Frequently Asked Questions about Iyzi Payments
When was Iyzi Payments founded?
Iyzi Payments was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Iyzi Payments located?
Iyzi Payments is headquartered in Istanbul, Turkey.
Is Iyzi Payments a funded company?
Iyzi Payments is a funded company, having raised a total of $28M across 5 funding rounds to date. The company's 1st funding round was a Series B of $6.2M, raised on Jun 20, 2013.
What does Iyzi Payments do?
Founded in 2012 in Istanbul, Turkey, the company operates in the fintech sector, focusing on payment processing for e-commerce businesses and personal users. Services include a virtual POS system, an integration and management panel for multiple POS devices, and support for transactions via credit or debit cards, digital wallets, and bank transfers. Operations are centered on facilitating secure online payments across various channels.
Who are the top competitors of Iyzi Payments?
Iyzi Payments's top competitors include PayU, Flutterwave and CyberSource.
What products or services does Iyzi Payments offer?
Iyzi Payments offers Sanal POS, iyzico Business, and iyzico Cep POS.
How many acquisitions has Iyzi Payments made?
Who are Iyzi Payments's investors?
Iyzi Payments has 9 investors. Key investors include PayU, International Finance Corporation, Naspers, Speedinvest, and Beenos.
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