lyzico is a leading Turkish payment solution provider for online retailers. The company currently serves thousands of merchants as well as online marketplaces. Their suite of products allow their clients to complete ecommerce transactions and is one the fastest growing financial technology companies in the region.
As well as being one of the larger and more populous emerging market economies, Turkey is Europe’s largest consumer card market, but remains vastly under-penetrated in the fast growth online payment space. Furthermore, Turkey operates a relatively unique card system, as merchants require solutions like Iyzico’s to accept e-commerce card payments from across the variety of card families in the market.
Founded in 2013, Iyzico is based in Turkey and licensed as a Turkish payment institution by the Bankacilik Düzenleme ve Denetleme Kurumu (BDDK).