About PayCore
PayCore is a Financial Services company based in Sarıyer (Turkey) founded in 2001, and was acquired by Param in August 2023. Digital payment solutions are provided for businesses and institutions. Its chief executive, as recorded, is Turgut Guney. PayCore offers products and services including Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is PAYCOR, INC. Its competitors include Sipay and Craftgate; 2 of its 2 listed competitors have raised funding.
Company details
PayCore was founded in 2001 in Sarıyer, Turkey, and operates in the fintech sector. Digital payment and POS applications are supplied to financial institutions, processors, telecom operators, retailers, and card vendors. Services encompass card payment systems, EMV solutions, hardware payments, and POS apps for smartphones and tablets. Payment processing is handled, along with smart city platforms for online and mobile payments.
Products & Services of PayCore
PayCore offers a comprehensive portfolio of products and services, including Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals.
Platform for managing credit, debit, and prepaid card issuance securely.
Services for handling transaction processing and digital payments.
Tools for online payment acceptance and EMV-compliant systems.
Hardware security modules for encryption and key management.
Devices for biometric security and POS network operations.
Apps and channels of PayCore
its YouTube channel PayCore has 250 subscribers and 30 videos.
Videos from PayCore
The most watched videos on PayCore's YouTube channel, PayCore (250 subscribers). Click a video to play it here.
More on PayCore.
Funding Insights of PayCore
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of PayCore 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 |
|---|---|---|---|---|---|
| Apr 2016 | Series A | – | – |
3 investors in total: 3 institutional.
Investors in PayCore
PayCore has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Param, MV Holding and Mediterra Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| mvholding.com | ||||
Mediterra Capital is engaged in private equity investments in Turkey. | mediterracapital.com | St Peter Port, Guernsey | ||
Param is recognized as an electronic money institution in Turkey. | 2014 | param.com.tr | Ankara, Turkey |
Investor details for PayCore
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 PayCore
2 people are tracked at PayCore (2 in leadership).
| Name | Role | Group |
|---|---|---|
Turgut Guney | CEO | Leadership |
Çimen Yilmaz | CEO Yönetici Asistanı | Leadership |
Complete people profiles for PayCore
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.
Timeline of PayCore
4 dated milestones of PayCore across 22 years, from founding to its latest funding, stage changes and deals.
- Founded PayCore is founded.
- Funding First funding round.
- Exit Acquired by Mediterra Capital.
- Exit Acquired by Param.
Competitors of PayCore
PayCore has 2 listed competitors in our database, 2 of them funded. They include Sipay and Craftgate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sipay.com.tr | 2018 | Uskudar, Turkey | $93M | Innovative payment solutions are provided by Sipay for businesses and individuals. | ||
| craftgate.io | 2020 | Istanbul, Turkey | $2M | Cloud-based payment gateway, payment links, and QR codes solutions for businesses |
Detailed competitors of PayCore
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 PayCore
The website of PayCore (paycore.com) receives about 8.8K visits a month.
- Monthly visits8.8K
▼ 51.9% vs previous month
Websites whose visitors overlap most with PayCore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| istanbulportfoy.com | 100% | 8.3K | #2,413,594 | View details |
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Related news about Paycore
Complete news archive for PayCore
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
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Frequently Asked Questions about PayCore
PayCore was founded in 2001 and raised its 1st funding round 15 years after it was founded.
PayCore is headquartered in Sarıyer, Turkey. It is registered at Sarıyer, Istanbul, Turkey.
Turgut Guney is the CEO of PayCore, as recorded in our data.
PayCore was founded in 2001 in Sarıyer, Turkey, and operates in the fintech sector. Digital payment and POS applications are supplied to financial institutions, processors, telecom operators, retailers, and card vendors. Services encompass card payment systems, EMV solutions, hardware payments, and POS apps for smartphones and tablets. Payment processing is handled, along with smart city platforms for online and mobile payments.
PayCore offers Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals.
PayCore has 3 investors. Key investors include Param, MV Holding, and Mediterra Capital.
PayCore operates through Paycor, Inc..
Yes. PayCore was acquired by Param in August 2023.

