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

PayCore

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

Founded 2001 Turkey Turkey 273 employees Acquired Total: $19.30M Financial Services, Fintech +2

General Information

Company Name PayCore
Founded Year 2001
Location Turkey Turkey
Founders / Decision Makers
Team member
Employees 273
Industries Financial Services, Fintech, Information Technology +1
Funding Stage Acquired
Business Model B2B, SaaS, Platform
Revenue Model Service Fee, Transaction Fee, Usage Based
Offices as of Oct 2026
Sariyer, Turkey Warszawa, Poland New York, United States
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.

New Partnership Sep 23, 2026

PayCore announced a new partnership with Burgan Bank Türkiye ON Dijital to integrate its cards into the Maximum ecosystem using PayCore's technology.

AI Insight

Bounce Watch AI
1 month 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.

Business keywords: 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 Undisclosed 1
Param
01 Aug 2023
Buyout Undisclosed 1
Mediterra Capital
01 Oct 2020
Acquisition Undisclosed 1
MT Group
01 Oct 2018
Series A $19.30M 2
Revo Capital, MV Holding
01 Apr 2016

PayCore Alternatives & Competitors

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PayCore vs
Dgpays
Dgpays Turkey

New Generation Payment Systems

440 employees
Financial Services, Fintech
PayCore vs
FSS
FSS India

Empowering Commerce, Communities & Economies

Series D
3131 employees
Crypto, Financial Services
PayCore vs
Paynetics
Paynetics United Kingdom

Simplifying payments: Issuing, acquiring, IBAN accounts, money transfers, digital banking platform,...

Venture round
131 employees
Financial Services, Payments

FAQ About PayCore

End-to-End Payment Innovation! Twitter & Facebook: @paycoregroup
PayCore was founded in 2001.
PayCore is headquartered in Turkey. As of Oct 2026, it also has offices in Sariyer, Turkey, Warszawa, Poland and New York, United States.
PayCore operates in Financial Services, Fintech, Information Technology and Payments. Its work centres on Payment Solutions, Payment Processing, Issuing and Acquiring. Its customers include Banks, Payment Providers and E-Money Institutions.
PayCore has a B2B, SaaS and Platform business model. Its revenue comes from Service Fee, Transaction Fee and Usage Based.
PayCore has approximately 273 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 Dgpays, FSS, Paynetics, TheECheck.com, Provision. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayCore and Dgpays 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.

Source: BounceWatch company record for PayCore, https://bouncewatch.com/company/paycore, updated 12 October 2026. When citing, please name BounceWatch and link this page.

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