Paymes

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Paymes - overview

Established

2017

Location

Istanbul, -, Turkey

Primary Industry

Financial Services

About

Founded in 2017 and based in Istanbul, Turkey, Paymes Electronic Trade and Information Technologies Inc. , also known as Paymes, operates as a financial technology platform that provides an online marketplace to buy and sell products using quick response codes to make payments. In December 2022, PayTabs Group, a portfolio company of Saudi Aramco Entrepreneurship Ventures, fully acquired Paymes. As of December 2022, the firm has business partners in Turkey, Azerbaijan, Saudi Arabia, and the USA.


The firm offers Paymes cards for individuals and institutions to receive payments and conduct e-commerce transactions via social networks. The company provides mobile apps that allow users to generate payment links, send them to customers via various social media platforms, and receive instant payments. Additionally, the application enables users to monitor, and detect fraud, access a multipurpose dashboard, and more. The firm charges AED 14.


99 for up to 500 transactions and 2. 90% per transaction for a volume above 500.


Current Investors

PayTabs Group

Primary Industry

Financial Services

Sub Industries

e-Financial, Web Applications, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.paymes.com

Verticals

E-commerce, FinTech, FinTech, FinTech, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

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