iyzico, a pioneer in the Turkish financial technology sector and online payment services and artificial intelligence-based payment technologies company, signed a share purchase agreement on 6 May 2024 for the acquisition of Paynet, a frontrunner in the field of B2B and B2B2C payment services. The completion of the transaction is subject to approval of the Central Bank of the Republic of Türkiye and clearance from the Competition Board.
iyzico by integrating Paynet’s expertise, technology, and customer base into its own system once the transaction is completed, will deliver even more comprehensive service set with the inclusion B2B payments and collections solutions offered by Paynet.
Paksoy is pleased to announce that a team led by partner Serdar Ildırar, senior associate Melisa Sevinç Atılganer and associate Sibel Postacıoğlu advised iyzico on this transaction.
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