Iyzico

Overview

Iyzico is a Turkish company founded in 2013, operating within the finance industry, specifically in credit card and transaction processing, banking, and financial services. The company has a workforce of between 51 and 200 employees and reported a revenue of approximately 26.8 million USD. Iyzico's expertise is reflected in its involvement with the e-commerce sector in Türkiye, as highlighted in its published research report titled "E-commerce Ecosystem in Türkiye 2023." This report outlines the significant growth of e-commerce in the country, noting a transaction volume of 1,855 billion Turkish Lira in 2023 and an increase in e-commerce's share of overall trade volume from 18.3% in 2022 to 20.3% in 2023. The document emphasizes the impact of digital transformation on consumer shopping habits and the strategic importance of technology in enhancing business processes for e-commerce companies. Iyzico's focus on the evolving digital landscape positions it as a key player in facilitating financial transactions and supporting the growth of e-commerce in Türkiye.

Industry