# Papara

> Papara is a Turkish digital finance app offering wallets, cards and payments.

Source: https://www.neobank.wiki/wiki/papara
Last updated: 2026-08-11
Categories: Financial technology, Turkey neobanks, Payment platforms, Consumer neobanks, Companies founded in 2015

**Papara** is a Turkish financial technology company providing digital wallets, cards and payment services. It is one of Turkey’s best-known consumer fintech brands and appears in global digital-banking user rankings.[^pa1]

## History

Papara scaled as a prepaid and digital-account alternative for Turkish consumers seeking fast onboarding and card products outside traditional bank branches.[^pa2]

## Founder

**Ahmet Karagöz** founded Papara and led its growth into a major Turkish digital finance brand.

## Model

Papara operates under Turkish payments and e-money style licences rather than as a full deposit-taking commercial bank in the UK [challenger](/wiki/challenger-bank) sense, while offering bank-like consumer experiences.

## Products

Products include wallets, debit/prepaid cards, P2P transfers, bill payments and merchant services.

## Infobox

- **Type**: Private
- **Founded**: 2015
- **Founder**: Ahmet Karagöz
- **Headquarters**: Istanbul, Turkey
- **Focus**: Wallet / cards

## Frequently asked questions

### What is Papara?

Papara is a Turkish digital finance app offering wallets, cards and payments.

### When was Papara founded?

Papara was founded in 2015.

### Where is Papara headquartered?

Papara is headquartered in Istanbul, Turkey.

### Who founded Papara?

Papara was founded by Ahmet Karagöz.

### What type of company is Papara?

Papara is described as Private in its neobank.wiki profile.


## References

[^pa1]: Papara is a Turkish digital wallet and finance app. — https://www.papara.com/
[^pa2]: Papara grew as a consumer fintech alternative to traditional Turkish retail banking UX. — https://www.papara.com/