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Papara

Turkey

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

3/10

Reviews

47/90

13 reviews

Provided by TrustFinance

OVERALL SCORE

Others

3/10

Reviews

47/90

13 reviews

Provided by TrustFinance

Contribute to TrustScoreYour experience will reflect on TrustScore.

Share your thought and experience with this company.

Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

Get to know Papara

Company Information

Get to know Papara

Founded in April 2016, Papara is a leading Turkish financial technology company that aims to provide a fast, easy, accessible, and affordable alternative to traditional banking services. Operating under a license as an "Electronic Money Institution" from the Banking Regulation and Supervision Agency of Turkey (BDDK), Papara offers a wide range of financial services through its mobile application. These services include instant money transfers, bill payments, budget management tools, and a physical prepaid card (Papara Card) that works globally. The company's mission is to create a new banking experience free from complex fees and bureaucracy, targeting millions of users with its user-friendly digital wallet.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

Contact

Social

Reviews

Highlight Review

Review Analytic

anasumareee

Direct

Excellent

Overall Thought

Papara is a game-changing financial tool! With seamless transactions, easy budgeting, and a user-friendly interface, it's become my go-to app for managing money. Whether it's splitting bills or tracking expenses, Papara delivers convenience and control like no other. Highly recommended!

Aug 29, 2023

Kotoma otenento

Direct

Excellent

Overall Thought

Papara has truly transformed my financial management experience in Turkey. The app's user-friendly nature and swift transaction process have simplified how I handle money. The additional security measures and cashback rewards further enhance the overall usability. Although there might be occasional minor issues, Papara's unwavering commitment to innovation and convenience remains evident. For me, it's the ultimate choice for seamless digital banking and hassle-free payments.

Aug 26, 2023

Emmanuel Okon

Direct

Excellent

Overall Thought

Papara has been an incredibly convenient and user-friendly mobile payment app. Its seamless interface and features like instant money transfers and virtual cards have made managing finances effortless for me. I appreciate its security measures and the ease with which I can keep track of my transactions. Overall, Papara has greatly simplified my financial management.

Aug 25, 2023