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Iyzico

Provider
PSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.

iyzico.com ↗Also analysed as a company — its own stack →
CategoriesPSP
Rank#266 of 528 in PSP
Buyers2 companies
HeadquartersIstanbul, Turkey
Founded2013
FoundersBarbaros Özbugutu, Tahsin Isin
Raised~$24M (pre-acquisition)

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Founders & story · from Iyzico’s own dossier

Founded 2013 as the 'Stripe of Turkey' — a virtual POS and PSP for Turkish e-commerce. Acquired by PayU in 2019, iyzico has since expanded beyond merchant acquiring into a broader fintech platform spanning a consumer wallet ('Pay with iyzico'), buyer protection, marketplace orchestration, mass payouts, a merchant prepaid business card (iyzico Business), and B2B dealer/supplier financing via the Paynet acquisition. The company is regulated as a payment & e-money institution under Turkey's BDDK and operates a separate EU entity (iyzico Europe).

Latest round: Acquired by PayU (2019)
Full dossier: Iyzico’s own stack, layer by layer →
Who uses Iyzico
2 companies disclose Iyzico in their stack
HotelRunnerPayU
Buyer mix · 2 of 2 classified
Infrastructure / Payments · 1Vertical SaaS / Hospitality · 1
US · 1EU · 1
What the disclosures say
HotelRunner
“HotelRunner helpdesk article 'How to Accept Online Payments via Virtual POS' explicitly lists Iyzico, Stripe, PayTR, and Paratika as supported payment providers configured via API/Secret keys.”
PayU
“Fees page shows direct processing in Colombia. iyzico (Turkey) is a PayU subsidiary.”
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What Iyzico runs on · from its own dossier
The third-party providers Iyzico itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Iyzico.
PSP
Paynet
Ledger
unknown
Full dossier with evidence for each layer →
Alternatives to Iyzico

Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Stripe782 buyers →Adyen317 buyers →PayPal153 buyers →Checkout.com114 buyers →Worldpay88 buyers →Mollie63 buyers →Braintree57 buyers →Pix50 buyers →
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An embeddable badge for Iyzico’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #266 of 528 in PSP — Embedded Finance Index 2026
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Iyzico — frequently asked

Which companies use Iyzico?

2 companies are linked to Iyzico in the Embedded Finance Index 2026, through their own public disclosures or Iyzico's published customer list, including HotelRunner and PayU.

What does Iyzico do?

Iyzico is an embedded-finance provider in PSP. It ranks #266 of 528 PSP providers by linked companies.

What are the alternatives to Iyzico?

The most-named PSP alternatives to Iyzico are Stripe (782 buyers), Adyen (317 buyers), PayPal (153 buyers), Checkout.com (114 buyers), Worldpay (88 buyers) and Mollie (63 buyers).

Who founded Iyzico?

Iyzico was founded by Barbaros Özbugutu and Tahsin Isin and is founded in 2013, headquartered in Istanbul, Turkey.

How much funding has Iyzico raised?

Iyzico has raised ~$24M (pre-acquisition) in total.

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