Papara | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Papara is a fintech company based in Istanbul, Turkey, founded in 2015.
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Overview
Papara is a fintech company based in Istanbul, Turkey, founded in 2015. It operates as a financial super-app, providing fast, user-friendly, and free financial services as an alternative to traditional banking. With over 20 million users, it aims to empower the unbanked and underbanked populations by offering accessible digital banking solutions.
The firm holds an “Electronic Money Institution” license and was the first non-bank entity in Turkey to issue a MasterCard prepaid card. Papara offers a wide range of app-based services, such as quick account opening, free money transfers, bill payments, budget management tools, QR code payments, foreign currency exchange, and purchasing game credits. The platform is popular among younger generations, especially Generation Z, and has earned recognition including a spot in the Global Fintech100 by KPMG.
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