Papara

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.

Basic Information

Contact Details

• Phone: +90 850 340 0340
• Website: papara.com
• LinkedIn: linkedin.com/company/papara

Key Focus Areas & Initiatives

• Bill payments
• Prepaid cards
• Digital wallet security
• Mobile financial services
• Global fintech recognition
• Financial inclusion initiatives
• International partnerships
• Payment solutions
• Financial technology innovation
• Regulatory compliance
• User authentication
• Digital banking solutions
• App-based payments
• Super app development
• Payment security technology
• Low-cost payments
• Digital transformation
• Financial literacy

Technologies Used

• AI
• Amazon SES
• Barracuda Networks
• Citrix NetScaler
• CloudFlare Hosting
• Cloudflare DNS
• MailJet
• Outlook
• React Redux

Affiliated Organizations & Regional Branches

• Turkland Bank
• SadaPay
• Rebellion Pay