| Founded | 2013 |
|---|---|
| Closed | 2022 |
| Country | Turkey |
| Sector | Fintech |
| Collapse type | Fire Sale |
iyzico
"Turkish payments pioneer acquired by PayU at a soft valuation as macro deteriorated"
Distressed acquisition below last-round valuation
Key Events Timeline
iyzico was Turkey's leading payment gateway for small businesses, processing over $2B annually by 2019.
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