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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$25 K (USD), Grant
Oct 20, 2020
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
FinFree
& 4 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Papara
Unlock access to complete
Unlock access to complete
Funding Insights of Papara
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $25,000
-
First Round
First Round
(20 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - Papara | Valuation |
investors |
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.
|
Founded Year | Domain | Location |
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 Year | Amount |
|---|---|---|---|---|---|
|
App-based financial research platform for stock markets
|
2020 | ||||
|
Neobank
|
2018 | ||||
|
Digital banking services for individuals are offered in Pakistan.
|
2018 |
Financial Statements - Papara
Papara Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer payments are enabled via a mobile digital wallet app.
|
|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
|
|
| domain | founded_year | HQ Location |
Digital wallet for consumer and business payments is provided.
|
|
| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
|
|
| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
|
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.