Param

Company

Investment-firm

Last deal

$200M

Amount

Venture - Series Unknown

Stage

15.06.2022

Date

1

all rounds

$200M

Total amount

Financing round

General

About Company
Param offers prepaid cards, online payments, credit, and other fintech solutions.

Industry

Sector :

Subsector :

founded date

27.06.2013

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company offers a range of products, including prepaid cards, virtual POS, payment processing software, and APIs, which are ideal for online merchants and individuals currently underserved by traditional payment mechanisms. Param's services enable users to send payments 24/7 online, from computers or web-enabled mobile phones. With over 3.75 million cards in circulation, the company has processed 5.6B TRY transactions globally. Param has more than 600 employees and aims to be a leader in the financial technology industry in Turkey, Europe, and the Middle East.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
Ukheshe Technologies

Ukheshe Technologies

Ukheshe provides tailor-made payment solutions through its Eclipse API.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Financial Services, FinTech, Payments

Location

Johannesburg, South Africa

total rounds

3

total raised

$2M
FintechCashier

FintechCashier

FintechCashier is a London-based payments solutions provider for global merchants.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Location

London, UK
FedaPay

FedaPay

FedaPay offers an efficient and secure payment system for credit cards and mobile money.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Banking, Payments, Financial Services

Location

Cotonou, Benin

total rounds

4
CardUp

CardUp

CardUp simplifies business payments and collections through an easy-to-use digital platform.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Location

Singapore

total rounds

5

total raised

$8.6M

Financials

Funding Rounds
1
1

Number of Funding Rounds

$200M

Money Raised

Their latest funding was raised on 15.06.2022. Their latest investor Revo Capital. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
15.06.2022
4
$200M
Investments
2
Date 
name 
Lead 
type 
Raised 
20.10.2020
Yes
$3.24M
Local Amount - GBP 2.5M
Hopi

Hopi

Hipi is a smart shopping application that offers personalized offers and campaigns to over 13 million users in Turkiye.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

E-Commerce, Mobile Apps, Mobile

Location

İstanbul, Turkey

total rounds

1
insha

insha

Insha is Europe's first interest-free mobile banking service, offering transparent and low-cost financial transactions.

Sector

Banks

Subsector

Banks

Location

Berlin, Germany

total rounds

1

total raised

$3.24M
Co-Investors
Investors
4
0

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
No
Venture - Series Unknown
Revo Capital

Revo Capital

Revo Capital is a venture capital firm specializing in early and later stage ventures in Eastern Europe, Baltics, and Turkey.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Amsterdam, Netherlands

total rounds

1

count Of Investments

51

count Of Exists

5
Alpha Associates

Alpha Associates

ALPHA Associates provides customized private equity solutions to institutional and private clients.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital

Location

Zürich, Switzerland

count Of Investments

4

count Of Exists

1
Ceecat Capital

Ceecat Capital

Ceecat Capital is a private equity investor that focuses on Europe and Central Asia markets.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital

Location

Schuttrange, Luxembourg

count Of Investments

3
Anthony Stalker

Anthony Stalker

Anthony Stalker serves as CEECAT Capital's partner.

Acquisitions
3
Acquiree Name 
Date 
Price 
Acquisition Name 
14.08.2023
Twisto acquired by Param

Twisto acquired by Param

acquirer

Param
Param

date

14.08.2023

type

Acquisition
Twisto

Twisto

Twisto is a payment app that enables customers to pay for their online purchases with just one click.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Location

Prague, Czechia

total rounds

11

total raised

$85.15M
PayCore acquired by Param

PayCore acquired by Param

acquirer

Param
Param

date

01.08.2023

type

Acquisition
PayCore

PayCore

PayCore provides end-to-end payment innovation.

Sector

Industrial Support Services

Subsector

Transaction Processing Services

Keywords

Financial Services, Payments, Finance

Location

İstanbul, Turkey

total rounds

1

total raised

$19.27M
Univera acquired by Param

Univera acquired by Param

acquirer

Param
Param

date

12.06.2023

type

Acquisition
Univera

Univera

Univera develops software that enables customers to digitize sales, logistics and service.

Sector

Software and Computer Services

Subsector

Software

Location

Karşıyaka/İzmir, Turkey

People

Founders
1
Emin Can Yılmaz
Emin Can Yılmaz

Emin Can Yılmaz

Emin Can Yılmaz is a founder of Param.

current job

Param
Param

Emin Can Yılmaz

Employee Profiles
3
Emin Can Yılmaz

Emin Can Yılmaz

Chief Executive Officer

Activity

Recent News
0