About PayCore
PayCore is a company based in Sarıyer (Turkey) founded in 2001 was acquired by Param in August 2023.. PayCore offers products and services including Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals. PayCore operates in a competitive market with competitors including Flutterwave, UnionPay Intl, Equiniti, Sipay and Craftgate, among others.
- Headquarter Sarıyer, Turkey
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Paycor, Inc.
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
Products & Services of PayCore
PayCore offers a comprehensive portfolio of products and services, including Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals. 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.
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.
Funding Insights of PayCore
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - PayCore | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Mediterra Capital is engaged in private equity investments in Turkey.
|
Founded Year | Domain | Location | |
|
Param is recognized as an electronic money institution in Turkey.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by PayCore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - PayCore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paycore Comparisons
Competitors of PayCore
PayCore 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, UnionPay Intl, Equiniti, Sipay and Craftgate, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
|
|
| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
|
|
| domain | founded_year | HQ Location |
Innovative payment solutions are provided by Sipay for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Cloud-based payment gateway, payment links, and QR codes solutions for businesses
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Paycore
Frequently Asked Questions about PayCore
When was PayCore founded?
PayCore was founded in 2001 and raised its 1st funding round 15 years after it was founded.
Where is PayCore located?
PayCore is headquartered in Sarıyer, Turkey. It is registered at Sarıyer, Istanbul, Turkey.
Who is the current CEO of PayCore?
Turgut Guney is the current CEO of PayCore.
What does PayCore do?
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.
Who are the top competitors of PayCore?
PayCore's top competitors include Flutterwave, Sipay and Equiniti.
What products or services does PayCore offer?
PayCore offers Issuing, Acquiring, E-Commerce Solutions, HSM, and Payment Terminals.
Who are PayCore's investors?
PayCore has 3 investors. Key investors include Param, MV Holding, and Mediterra Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.