NayaPay logo

NayaPay

323 employees · est. 2016 · Karachi, Pakistan

VS
Param logo

Param

Bütünleşik Finans Sağlayıcısı | Embedded Finance Provider

601 employees · est. 2014 · Ankara, Turkey

Param is the older company (2016 vs 2014); Param is the larger of the two.

Side-by-Side Comparison

NayaPay Param
Founded
2016 2014 older
Headquarters
Karachi, Pakistan Ankara, Turkey
Employees
323 601 larger
Industry
Financial Services, Platforms, Banking Fintech, Payments
Funding Stage
Seed Unknown
Total Funding
$13.00M Not tracked yet
Funding Rounds
1 1
Services
Not tracked yet Digital Payment Solutions, Prepaid Card Services, Open Banking Integration, Risk Assessment and Management, Corporate Financial Solutions, POS Systems, Marketplace Payment Solutions, Financial Technology Integration
Target Customers
Not tracked yet Individual Consumers, Small and Medium Enterprises (SMEs), Corporate Businesses, E-commerce Platforms, Law Firms and Legal Professionals, Courier Services, Financial Developers
Taxonomy
E-Money Institution, Payment Solutions, Digital Wallet, Consumer Finance, SMBs, Mobile Payments, Visa Cards, Financial Inclusion, Regulated Institution, Pakistan, Financial Management Electronic Money, Prepaid Cards, POS Systems, E-wallets, Card Issuing, Co-branded Cards, Payment Processing, Open Banking, Collection Solutions, Embedded Finance, Investment, BNPL (Buy Now Pay Later), API Integration, Mergers And Acquisitions
Website
nayapay.com param.com.tr
NayaPay logo

About NayaPay

NayaPay is the first E-Money Institution in Pakistan, aiming to be the financial partner of choice for more than 1 million users. Founded in 2016, NayaPay is empowering underserved consumers and SMBs with better access to financial services. The platform caters to a diverse community, including stud...

Param logo

About Param

Param, established in 2014, stands as Türkiye's first licensed electronic money institution, recognized by the BDDK. It provides a suite of financial services including electronic money, prepaid cards, and e-wallets, targeting both individual and corporate sectors. As an industry pioneer, Param un...

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Funding, hiring, leadership and stack changes at NayaPay and Param — by email.

Frequently Asked Questions

NayaPay. Param — Bütünleşik Finans Sağlayıcısı | Embedded Finance Provider. Both companies operate in related markets but may differ in funding stage, team size, and product focus.
NayaPay has raised $13.00M while Param has raised undisclosed funding.
NayaPay and Param operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Compiled from the BounceWatch company index. We last looked at NayaPay on 12 Sep 2024, and Param on 8 Sep 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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