PAYGURU logo — The leading fintech company offering innovative payment solu...

PAYGURU

The leading fintech company offering innovative payment solutions to local and global merchants operating in Turkey.

Founded 2015 Turkey Turkey 28 employees Acquired

General Information

Company Name PAYGURU
Founded Year 2015
Location Turkey Turkey +1
Employees 28
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.

New Partnership Aug 25, 2026

PAYGURU announced a strategic partnership with MagicPay to combine their open banking and mobile payment infrastructures, aiming to offer integrated payment and open banking solutions to businesses.

Market Expansion Aug 17, 2026

Payguru announced its service expansion, enabling merchants to reach over 30 countries in the Middle East and Africa region through a single integration.

About PAYGURU

PAYGURU positions itself as The leading fintech company offering innovative payment solutions to merchants operating locally and globally in Turkey. Established in 2015, the company quickly gained a foothold in the market by becoming the first mobile payment firm to acquire a payment license from Turkey's financial regulator. This positioned PAYGURU as a pioneer in the industry, enhancing its attractiveness to both local and international merchants.

The company provides a diverse array of services, including mobile payments, a mobile subscription platform, ATM cash payments, and bank transfer services. These are facilitated through seamless integration with three mobile network operators and eight major banks. The technology is developed by an in-house R&D team based at the ARI Teknokent Office in Istanbul Technical University, focusing on transaction efficiency and user experience.

Acquired by TPAY MOBILE in December 2020, and previously funded by Mobile Ventures, PAYGURU continues its operations under oversight by the Central Bank of the Republic of Turkey. The company currently employs 25 professionals across various departments, ensuring a comprehensive approach to business development and customer satisfaction.

Taxonomy: Innovative Payment Solutions, Mobile Payments, Mobile Subscription Platform, ATM Cash Payments, Bank Transfer Services, Payment Technology, R&D, Transaction Processing, Fund Collections, User Experience, Regulated by Central Bank, Digital Payments Platform, Business Development, Payment Licensing

Services & Products

Mobile Payments
Money Transfer
Coverage Area
Reporting and Control Panel

Target Customers

Small Businesses Enterprise Companies Organizations in META Region

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1
Investor
01 Jun 2020
Seed •••••• 1
Investor
01 Aug 2014

PAYGURU Alternatives & Competitors

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FAQ About PAYGURU

The leading fintech company offering innovative payment solutions to local and global merchants operating in Turkey.
PAYGURU was founded in 2015.
PAYGURU is headquartered in Turkey.
PAYGURU has approximately 28 employees.
PAYGURU has completed 2 funding rounds. The latest funding stage is Acquired.
PAYGURU offers: Mobile Payments, Money Transfer, Coverage Area, Reporting and Control Panel.
Top alternatives and competitors to PAYGURU include Clearly Payments, Hepsipay, iPay Kenya, RiverPay, Royal Pay . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PAYGURU and Clearly Payments 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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