PeP—or Paladyum Elektronik Para ve Ödeme Hizmetleri A.Ş.—is a key player in Turkey's burgeoning fintech sector. Launched officially in 2017, PeP specializes in modernizing traditional financial services with cutting-edge solutions.
Authorized as an Electronic Money and Payment Services organization by TCMB, PeP offers a suite of financial services, including a digital wallet, TROY and VISA prepaid cards, and 24/7 international money transfers. The company facilitates money transfers to over 65 countries securely and affordably, appealing to a global audience. The PeP Visa Card allows users to withdraw cash from both domestic and international Visa ATMs with advantageous exchange rates.
With over 1.5 million users and more than 2 million mobile app downloads, PeP is making significant strides towards its vision of being a fintech pioneer in Turkey. The company last secured a Seed Round investment on 27 November 2021. Investors should closely monitor PeP’s growth and expansion trajectory as it continues to adapt to evolving financial needs.