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PeP

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Founded 2019 Turkey Turkey 50 employees Seed Financial Services, Payments +1

General Information

Company Name PeP
Founded Year 2019
Location Turkey Turkey
Employees 50
Industries Financial Services, Payments, Platforms
Funding Stage Seed
Business Model B2C, B2B, Embedded Finance
Revenue Model Transaction Fee, Service Fee, Commission
Offices as of Aug 2026
Istanbul, Turkey
Social

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About PeP

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.

Business keywords: Electronic Money, Payment Services, Digital Wallet, Prepaid Cards, VISA Card Scheme, TROY Card Scheme, International Money Transfer, Cost-effective Transfers, Innovative Financial Solutions, ATM Cash Withdrawal, Exchange Rate Advantage, Mobile Financial Services, Customer Support

Services & Products

Cross-border Money Transfers
Currency Exchange Services
Prepaid Card Issuance
Financial Transaction Management
Corporate Payment Solutions

Target Customers

Individuals Freelancers Small and Medium Enterprises Frequent Travelers Online Shoppers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed -
27 Nov 2021

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FAQ About PeP

Dünyanın her yerinde kazandıran yepyeni bir hesap
PeP was founded in 2019.
PeP is headquartered in Turkey. As of Aug 2026, it also has offices in Istanbul, Turkey.
PeP operates in Financial Services, Payments and Platforms. Its work centres on Electronic Money, Payment Services, Digital Wallet and Prepaid Cards. Its customers include Individuals, Freelancers and Small and Medium Enterprises.
PeP has a B2C, B2B and Embedded Finance business model. Its revenue comes from Transaction Fee, Service Fee and Commission.
PeP has approximately 50 employees.
PeP has completed 1 funding round. The latest funding stage is Seed.
PeP offers: Cross-border Money Transfers, Currency Exchange Services, Prepaid Card Issuance, Financial Transaction Management, Corporate Payment Solutions.
Top alternatives and competitors to PeP include WorldRemit Ltd, iCard, Remitly, Wise, PayQin. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PeP and WorldRemit Ltd 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 PeP, https://bouncewatch.com/company/pep, updated 4 September 2026. When citing, please name BounceWatch and link this page.

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