Papara is a Turkey-based electronic money institution operating in the FinTech sector.
| Country | Turkey |
|---|---|
| Country Flag |  |
| Founded | April 2016 |
| Founder | Ahmed Faruk Karslı |
| Industry | Financial Services |
| Number of Users | 11 Million |
| Official Website | https://www.papara.com/ |
Which Country Is Papara From ?
Founded in April 2016 by Ahmed Faruk Karslı, Papara is a Turkey-based electronic banking company headquartered in Istanbul.
Who Owns Papara? Who Are Its Partners ?
The company is owned and chaired by Ahmed Faruk Karslı, who also serves as CEO.
Papara’s owners also serve as members of the board of directors:
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Ahmed Faruk Karslı (Chairman of the Board)
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İlker Diker
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Emre Kenci
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Cenap Doğru
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Taylan Özgür Kiraz
The main owner of Papara is Ahmed Faruk Karslı. He founded the company in 2016. His business partner is İlker Diker. Papara has four offices in Istanbul and one in Ankara.
After a regulation issued by the BRSA (Banking Regulation and Supervision Agency) in 2016, İlker Diker became a partner in Papara with an investment of 15 million Turkish lira.
Banks Partnered with Papara
The banks partnered with Papara are as follows:
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QNB Finansbank
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Garanti BBVA
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Yapı Kredi Bank
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Vakıfbank
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Akbank
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Türkiye Finans Katılım Bankası
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Ziraat Bankası
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İş Bankası
What Is Papara’s Capital ?
Although Papara is a relatively new banking company, it has quickly grown and positioned itself among major players in the financial sector. Papara’s equity capital is 7 million Turkish lira and continues to grow rapidly day by day.
