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
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website papara.com
- Social LinkedIn X Facebook
- Latest Funding Round$25K (USD), Grant
Oct 2020
- Investors
- Investments & AcquisitionsFinFree
& 4 more
Apps and channels of Papara
Papara publishes 2 mobile apps with over 10M+ downloads.
Funding Insights of Papara
- Total Rounds 1
- Last Round Grant — $25,000
- First Round $25,000
(Oct 2020)
- Investors Count 1
All 1 funding rounds of Papara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $25,000 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Papara
Papara has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Inclusive Fintech 50.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech startups are supported by a micro VC fund. | – | inclusivefintech50.com | Cambridge, United States |
Investor details for Papara
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Papara
36 people are tracked at Papara (18 in leadership, 2 in board & advisors, 16 in team).
| Name | Role | Group |
|---|---|---|
Ahmed F Karsli | Co-Founder & CEO | Leadership |
Ilker Diker | Co-Founder | Leadership |
Kadir Can Kose | CFO | Leadership |
Dilara Aydın | Senior People Partner & IT Recruiter | Leadership |
Haktan Omaçer | Head of Merchant Business | Leadership |
Cenap Dogru | COO | Leadership |
Furkan Ersayın | People Partner & IT Recruiter | Leadership |
Tarık Dalmaz | Chief Executive Officer | Leadership |
İlker Diker | Co-founder - Vice President Of The Executive Board | Leadership |
Gin Gindre | Chief Executive Officer For Papara Spain | Leadership |
Ilker Onur Kaya | Director Of New Business Development | Leadership |
Volkan Nazmi Metin | CTO | Leadership |
Mustafa Yücetepe | Chief Information Officer | Leadership |
Yağmur Özgür | CEO Office Director | Leadership |
Nergis Çetinkaya | Head Of People & Culture | Leadership |
Funda Fırat Demirci | Head Of Customer Experience | Leadership |
Ali Ersin Demir | Chief Technology Officer | Leadership |
Onur Keser | Head of Investment | Leadership |
Emre Kenci | Board Member | Board & advisors |
Ahmed F. Karslı | Chairman of the Board | Board & advisors |
16 more people are available in the full profile.
Complete people profiles for Papara
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based financial research platform for stock markets | finfree.co | Kadikoy, Turkey | 2020 | Oct 2024 | •••• | |
Commercial banking services are provided in Turkey's financial sector. | tbank.com.tr | Istanbul, Turkey | 1985 | Mar 2024 | •••• | |
Digital banking services for individuals are offered in Pakistan. | sadapay.pk | Islamabad, Pakistan | 2018 | Feb 2024 | •••• | |
Neobank | rebellionpay.com | Madrid, Spain | 2018 | Jul 2023 | •••• | |
Fractions from purchases are rounded up and donated to NGOs. | yuvarla.com | Istanbul, Turkey | 2012 | Jul 2022 | •••• |
Complete acquisition details for Papara
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Papara
7 dated milestones of Papara across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Papara is founded.
- Funding First funding round of $25K.
- Acquisition Acquires Yuvarla.
- Acquisition Acquires Rebellion Pay.
- Acquisition Acquires SadaPay.
- Acquisition Acquires T-Bank.
- Acquisition Acquires FinFree.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| venmo.com | 2009 | New York, United States | $1.2M | 10,793 | Consumer payments are enabled via a mobile digital wallet app. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| verse.me | 2015 | Barcelona, Spain | $68.25M | – | Digital wallet for consumer and business payments is provided. | |
| nala.com | 2017 | Nairobi, Kenya | $50.15M | – | Cross-border remittances are enabled online for individuals worldwide. | |
| zilch.com | 2018 | London, United Kingdom | $390.12M | – | Direct-to-consumer ad-subsidised payments network | |
| joinkudos.com | 2021 | Remote, United States | $40.38M | – | Kudos is focused on enhancing credit card rewards. | |
| origami.com | 2011 | Mountain View, United States | $85.02M | – | Money is shared with families via an online transfer platform. | |
| astra.com | 2016 | Alameda, United States | $136.93M | 317 | Astra is engaged in providing space launch services. |
Detailed competitors of Papara
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Papara
The website of Papara (papara.com) receives about 408.5K visits a month.
- Monthly visits408.5K
▼ 14.1% vs previous month
Websites whose visitors overlap most with Papara. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paytr.com | 100% | 1.9M | #28,932 | View details | |
| shopier.com | 83% | 7.9M | #6,417 | View details | |
t.me | t.me | 83% | – | #53 | – |
prnt.sc | prnt.sc | 79% | – | #15,602 | – |
| figma.com | 78% | 84.7M | #221 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Papara
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Papara
Complete news archive for Papara
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Papara
10 companies that operate in the same segment as Papara (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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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 has made 5 acquisitions, including FinFree, Rebellion Pay, and SadaPay.
Papara has 1 investor. Key investors include Inclusive Fintech 50.
Yes. Papara publishes Papara and 1 more app, with over 10 million downloads.
The website of Papara receives about 408 thousand visits a month.