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PayCore logo — End-to-End Payment Innovation! Tw...

PayCore

End-to-End Payment Innovation! Twitter & Facebook: @paycoregroup

Founded 2001 Turkey Turkey 280 employees Acquired Total: $19.30M Financial Services, Fintech +2

General Information

Company Name PayCore
Founded Year 2001
Location Turkey Turkey +3
Founders / Decision Makers
Team member
Employees 280
Industries Financial Services, Fintech, Information Technology +1
Funding Stage Acquired
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Growth Metrics Aug 26, 2026

PayCore currently serves 71 active corporate clients with its technology and payment infrastructure solutions.

Product Launch Aug 19, 2026

PayCore has launched ManageATM, a new smart ATM cabin management solution designed to enhance control and efficiency in ATM operations by reducing costs and extending device lifespan.

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AI Insight

Bounce Watch AI
4 days ago

The recent acquisition of PayCore by Param in August 2023 signals a strategic pivot, likely aimed at integrating PayCore's robust payment infrastructure and expanding its market reach. Demonstrating continued operational momentum post-acquisition, PayCore has launched ManageATM, a new solution diversifying its offerings into ATM management. This strategic product expansion, alongside a solid base of 71 active corporate clients, underscores the company's commitment to enhancing its end-to-end payment solutions and broadening its financial infrastructure footprint.

Signal Types
Funding Product Launch Traction
Strategic Labels
Market Diversification Post-Acquisition Growth Enterprise Client Acquisition
Next Move: Expansion
·
Impact: 8/10
·
Ideal For: Fintech Infrastructure Investors – Strategic M&A

About PayCore

PayCore, founded in 2001, is a pioneering company in the Financial Services and Fintech industries, headquartered in Turkey. With the slogan "End-to-End Payment Innovation!", PayCore offers comprehensive payment solutions and services, serving over 250 clients across 30+ countries.

The company, which was formerly known as Cardtek and acquired MPTS Turkey in 2019, has solidified its reputation as a trusted technology partner. Its PCI DSS, BKM, MasterCard, and Visa-certified Processing Center provides facilities to 65 clients, mainly in the EMEA region. The portfolio covers Issuing, Acquiring, Payment Gateway, Digital Payment Acceptance, and Digital Card services.

The latest strategic move includes an acquisition investment on 01 August 2023 by Param. This move reflects investor confidence and points towards potential growth and market expansion opportunities. PayCore's positioning as both a payment software company and processor uniquely allows it to deliver cutting-edge technologies, reinforcing its innovative edge in the payments sector.

Taxonomy: Payment Solutions, Payment Processing, Issuing, Acquiring, Digital Payment Acceptance, Digital Card, Payment Gateway, Biometric Payments, Card Management System, Secure Card Storage, Tokenization, SoftPOS, Prepaid Card, Merchant Management, EMV Level 2 Kernel

Services & Products

Core Payments Solutions
Issuing
Acquiring
E-Commerce Solutions
Processing Services
Payment Hardware Products

Target Customers

Banks Payment Providers E-Money Institutions Retailers Public Institutions

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1
Investor
01 Aug 2023
Buyout •••••• 1
Investor
01 Oct 2020
Acquisition •••••• 1 •••• •••• 01 Oct 2018
Series A •••••• 2
Investor Investor
01 Apr 2016

Latest News

View All
Param, Paycore ve Bağlı Ortaklıklarının tamamını satın alıyor — Webrazzi
Param, Paycore ve Bağlı Ortaklıklarının tamamını satın alıyor
Webrazzi Aug 01, 2023
Param, PayCore'u satın alıyor — Platinonline.com
Param, PayCore'u satın alıyor
Platinonline.com Aug 02, 2023
PARAM VE PAYCORE’DAN ANLAŞMA — Mall Report
PARAM VE PAYCORE’DAN ANLAŞMA
Mall Report Aug 02, 2023
PayCore ve Tera Yatırım Bankası’ndan Güçlü İş Birliği — FintekWins
PayCore ve Tera Yatırım Bankası’ndan Güçlü İş Birliği
FintekWins Oct 08, 2024

PayCore Alternatives & Competitors

View All Alternatives
PayCore vs
Blackstone Merchant Services, Inc.
Blackstone Merchant Services, Inc. United States

Offering businesses end-to-end payment solutions with personalized, local service.

21 employees
PayCore vs
Tiko
Tiko Turkey

Payment solutions encompass various methods for receiving payments for goods and services, including...

Financial Services, Fintech
PayCore vs
Radar Payments
Radar Payments Switzerland

Payment Processing, White-Label Excellence. Powered by BPC

31 employees
Financial Services, Fintech
Also compare with: PayCore vs banknbox banknbox View all alternatives

FAQ About PayCore

End-to-End Payment Innovation! Twitter & Facebook: @paycoregroup
PayCore was founded in 2001.
PayCore is headquartered in Turkey.
PayCore operates in the following industries: Financial Services, Fintech, Information Technology, Payments.
PayCore has approximately 280 employees.
PayCore has completed 4 funding rounds, raising a total of $19.30M. The latest funding stage is Acquired.
PayCore offers: Core Payments Solutions, Issuing, Acquiring, E-Commerce Solutions, Processing Services, Payment Hardware Products.
Top alternatives and competitors to PayCore include Blackstone Merchant Services, Inc., Tiko, Radar Payments, DECTA, MONEXgroup. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayCore and Blackstone Merchant Services, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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