According to the statement made by the company, Param; offers financial services to corporate and individual customers with accounts, wallets, prepaid cards, virtual POS, physical POS domestic and international money transfer products.
My money; It draws attention as an electronic money institution that owns all of Mastercard, VISA, Troy and Discover card schemes.
In June 2022, the company completed its first series of investments with a valuation of $200 million, with participation from London-based European Bank for Reconstruction and Development (EBRD), Luxembourg-based CEECAT Capital, Zurich-based Alpha Associates and Amsterdam-based Revo Capital.
Preparations for Param EU continue
Param, which develops the financial technology sector with products such as ParamKart, ParamPOS, Kredim (Buy Now, Pay Later), ParamTech providing integrated services to fintech institutions, Processing, Finrota (Open Banking and Online Collection), E-Money, Wallet; It also exports its technology works to Europe. Param UK, which provides fast and easy money transfer, started its activities within the UK and between the UK and Turkey. Param, which wants to spread its experiences and products in Europe, continues its preparations for the “Param EU” brand.
63 percent of senior management are women
Param carries out all its developments in its technology and innovation centers in Ankara and Istanbul. Continuing its activities with over 600 employees, Param sets an example for the sector with its female employee and female manager ratio. 60 percent of Param’s employees are women, and 63 percent of the top management consists of women managers.