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Iyzi Payments - About the company

Iyzi Payments is an acquired company based in Istanbul (Turkey), founded in 2012 by Barbaros Ozbugutu. It operates as a Provider of payment solutions for e-commerce companies and individuals. Iyzi Payments has raised $28M in funding from investors like IFC, VEF and Amadeus Capital. The company has 5361 active competitors, including 530 funded and 477 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Provider of payment solutions for e-commerce companies and individuals. The platform offers a virtual POS, an integration and management panel for multiple POS systems, and more. It also facilitates payments via credit or debit cards, wallets, bank transfers, and more.
Social
XFacebook
Email ID
*****@iyzico.com
Phone Number
+90 **********
Key Metrics
Founded Year
2012
Location
Istanbul, Turkey
Stage
Acquired
Total Funding
$28M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
469 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PayU (Jun 11, 2019)

Iyzi Payments's acquisition details

Iyzi Payments got acquired by PayU on Jun 11, 2019 at an acquisition amount of $*****.
Click here to take a look at Iyzi Payments's acquisition in detail
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Iyzi Payments's funding and investors

Iyzi Payments has raised a total funding of $28M over 5 rounds. Its first funding round was on Jun 20, 2013. Its latest funding round was a Series C round on Jan 23, 2019 for $*****. 3 investors participated in its latest round. Iyzi Payments has 10 institutional investors.

Here is the list of recent funding rounds of Iyzi Payments:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 23, 2019
9348502
Series C
9546612
5496853
3228253
5060547
Apr 03, 2017
3624695
Series C
9729595
1287960
4599694
May 26, 2015
4851960
Series B
4394368
8405124
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Iyzi Payments' founders and board of directors

Founder? Claim Profile
The founders of Iyzi Payments is Barbaros Ozbugutu.
Here are the details of Iyzi Payments' key team members:

Iyzi Payments' employee count trend

Iyzi Payments has 469 employees as of May 26. Here is Iyzi Payments's employee count trend over the years:
Employee count trend for Iyzi Payments
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Iyzi Payments's Competitors and alternates

Top competitors of Iyzi Payments include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Iyzi Payments, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayPal
PayPal
1998, United States, Public
Provider of online payment solutions, money transfers, and virtual wallets
$216M
87/100
2nd
Logo for Stripe
Stripe
2010, San Francisco (United States), Series I
Provider of financial infrastructure solutions for revenue growth and payment processing
$9.81B
86/100
3rd
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
86/100
4th
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
5th
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
83/100
6th
Logo for Xendit
Xendit
2015, Jakarta (Indonesia), Series D
Online payment and money transfer platform for businesses
$554M
83/100
7th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
82/100
8th
Logo for Adyen
Adyen
2006, Amsterdam (Netherlands), Public
Provider of end-to-end payment, data, and financial management platform solutions
$266M
81/100
9th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
77/100
10th
Logo for Mercado Pago
Mercado Pago
2003, Buenos Aires (Argentina), Series D
Provider of online payment processing and digital financial services
$233M
77/100
23rd
Logo for Iyzi Payments
Iyzi Payments
2012, Istanbul (Turkey), Acquired
Provider of payment solutions for e-commerce companies and individuals
$28M
73/100
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Iyzi Payments's Investments and acquisitions

Iyzi Payments has acquired 2 companies including Paynet and Mypat. Iyzi Payments has not made any investments as of now.

Reports related to Iyzi Payments

Here is the latest report on Iyzi Payments's sector:

News related to Iyzi Payments

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Media has covered Iyzi Payments for 1 event in last 1 year.
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