Papara

Istanbul, Turkey Founded: 2016 • Age: 10 yrs
Money transfers and bill payments are enabled via mobile wallet.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Papara

Papara is a company based in Istanbul (Turkey) founded in 2016 by Ahmed F Karsli and Ilker Diker. Papara has completed 5 acquisitions, including FinFree, Rebellion Pay and SadaPay. Papara operates in a competitive market with competitors including Venmo, MoneyGram, Verse, NALA and Zilch, among others.

  • Headquarter Istanbul, Turkey
  • Founders Ahmed F Karsli, Ilker Diker
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $25 K (USD), Grant

    Oct 20, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    FinFree

    & 4 more

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People of Papara

Headcount 500-1000
Employee Profiles 32
Board Members and Advisors 2
Employee Profiles
People
Cemal Sevim
People & Culture Specialist
People
Cenap Dogru
COO
People
Tarık Dalmaz
Chief Executive Officer
People
Sedat Uysal
Senior Financial Planning And Analysis Manager

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Board Members and Advisors
people
Emre Kenci
Board Member
people
Ahmed F. Karslı
Chairman of the Board

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Funding Insights of Papara

Investors in Papara

Papara has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Inclusive Fintech 50.

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Venture Fund
Investor Description Founded Year Domain Location
Fintech startups are supported by a micro VC fund.
Locked Locked Locked
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Investor details for Papara

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Papara

Papara has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include FinFree, Rebellion Pay and SadaPay.

Investments
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Investment portfolio details for Papara

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
App-based financial research platform for stock markets
Locked Locked 2020 Locked
Neobank
Locked Locked 2018 Locked
Digital banking services for individuals are offered in Pakistan.
Locked Locked 2018 Locked
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Complete acquisition details for Papara

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Papara

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Detailed financials for Papara

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Papara Comparisons

Papara Primary company
Description
Money transfers and bill payments are enabled via mobile wal...
Location
Istanbul, Turkey
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Papara

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Papara

Papara 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 Venmo, MoneyGram, Verse, NALA and Zilch, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Consumer payments are enabled via a mobile digital wallet app.
Locked Locked Locked
Cross-border payments are enabled via wallet solutions for consumers.
Locked Locked Locked
Digital wallet for consumer and business payments is provided.
Locked Locked Locked
Cross-border remittances are enabled online for individuals worldwide.
Locked Locked Locked
Direct-to-consumer ad-subsidised payments network
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Detailed competitors of Papara

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Papara

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Complete news archive for Papara

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Papara

Papara was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Papara is headquartered in Istanbul, Turkey.

Ahmed F Karsli is the current CEO of Papara. They have also founded this company.

Papara was founded in 2016 in Istanbul, Turkey, within the fintech sector. A mobile wallet solution is offered to consumers for handling financial transactions. Deposits are accepted at agent locations or via wire transfers, with stored funds transferable to bank accounts. Online payments and direct bill settlements are facilitated through the mobile platform, supporting everyday financial operations in the region.

Papara's top competitors include Astra, Venmo and MoneyGram.

Papara has made 5 acquisitions, including FinFree, Rebellion Pay, and SadaPay.

Papara has 1 investor. Key investors include Inclusive Fintech 50.

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