Dgpays Bilisim Hizmetleri Anonim Sirketi

Dgpays is a Turkish company specializing in electronic payment and money transfer solutions, providing secure and efficient services for individuals and businesses under regulatory compliance with international payment standards. Dgpays Bilisim Hizmetleri Anonim Sirketi, founded in 2017, operates from its headquarters in Istanbul, Turkey, offering payment processing solutions. The company raised USD 5. 000 mn in a Series A funding round on March 22, 2021, with investments from EBRD, Endeavor Catalyst, and Goldman Sachs Merchant Banking Division.

The company has executed one deal to date. Dgpays specializes in providing electronic payment and money transfer solutions, operating primarily under the regulatory framework of the Turkish Central Bank and adhering to standards set by Visa, Mastercard, and PCI SSC. Core offerings include payment processing services for both individuals and businesses, focusing on the secure and efficient transfer of funds. Dgpays offers a robust platform for electronic payments, allowing users to conduct transactions seamlessly across various sectors, such as e-commerce, retail, and financial services.

The company's client base includes merchants, financial institutions, and individual consumers located in markets across the Middle East, Africa, and North America. By leveraging its technological infrastructure and compliance with local regulations, Dgpays aims to address the growing demand for digital payment solutions in these regions. Dgpays generates revenue through transaction fees associated with its payment processing services, which typically involve a percentage of each transaction processed. The structure of these transactions varies, encompassing both B2B partnerships and direct-to-consumer interactions.

Key agreements with retailers enable Dgpays to facilitate electronic payments at the point of sale, while collaborations with financial institutions enhance the reach of their services. The company may also engage in subscription-based models for value-added services, providing clients with enhanced features and analytics. While specific pricing plans for individual services have not been disclosed, the company’s flagship offerings are designed to cater to a wide range of customer needs, ensuring that it remains competitive in the evolving digital payments landscape. Dgpays Bilisim Hizmetleri Anonim Sirketi will utilize the USD 5.

000 mn raised in the Series A funding round to support the expansion of its product and service offerings, strengthen its market position, and launch new high-tech products. The company is focused on broadening its reach in existing markets while exploring new opportunities for growth, particularly in emerging markets across the Middle East and Africa, by the end of 2023. Recent funding will bolster these initiatives, allowing Dgpays to enhance its technological infrastructure and compliance capabilities.