Iyzico Acquired By PayU For $ 165 Million

iyzico one of Turkey's largest digital payment platform, it purchased $ 165 million by pace with competitors.

In recent days, the digital payment platform has become a topic that has been discussed in the lobby of iyzico. This information, which has not been approved to date, has been officially announced. According to Webrazzi iyzico, rival PayU was purchased by $ 165 million.

iyzico acquired by PayU for $ 165 million

Founded 6 years ago by Barbaros Özbugutu and Tahsin Isın, iyzico became an important platform for digital payment infrastructures. The iyzico platform, which is especially preferred for online payments, was also opened to Eastern Europe at the beginning of this month. The information about iyzico, which has been sold from gossip for a while, was finally confirmed and the platform was purchased by its most important competitor, PayU.

Iyzico Acquired By PayU For $ 165 Million

Order With the acquisition of Turkey's junus Europe, Middle East and Africa (EMEA) region in Poland next be noted that it has become the second largest market. The founding partners of Barbaros Özbuğut and iyzico team while continuing to heat Tahsin task management company, will take over the operations in Turkey junus.

The acquisition is expected to be completed after approval by regulatory and supervisory agencies.