Who owns Paycell?
Paycell is owned by Turkcell (Turkey, NYSE: TKC).[1]
Evidence: Turkcell İletişim Hizmetleri A.Ş. Annual Report on Form 20-F filed 2026-04-17, SEC EDGAR, 17 April 2026. Verified from filings; last checked .
Key facts
- Current owner
- Turkcell İletişim Hizmetleri A.Ş. verified
- Owner HQ
- 🇹🇷 Turkey, Istanbul
- Origin
- 🇹🇷 Turkey
- Founded
- 2012
- Category
- Internet & digital › Digital services › Payments
- Parent ticker
- NYSE: TKC
- Last verified
- · 1 sources
About Paycell
Paycell is the payment-services brand of Turkcell Ödeme, which became operational in March 2012. Turkcell Ödeme obtained a payment service provider licence from the banking regulator in 2016 and was the first mobile network operator subsidiary in Türkiye to hold one. The platform provides mobile wallet and direct carrier billing, merchant point-of-sale and online payment tools, and cross-border money transfer through partnerships with Mastercard and Remitly.
What Turkcell's annual report says about Paycell
Sentences about Paycell from Turkcell's latest annual filing[1], copied word for word.
This increase in competition could adversely affect Paycell and its market position in the future.
These restrictions have adversely affected Financell's ability to collect loan repayments through customers' telecommunication bills via our payment company, Paycell.
Although the CBRT has recently increased the relevant limits, this regulation has continued to adversely impact Paycell's transaction volumes and the ability to provide payment solutions to Pay Later (DCB) customers.
How often Turkcell names Paycell in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named less often than it was three years earlier.
Ownership timeline of Paycell
Where Paycell sits in Turkcell
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Turkcell ownership tree →
See the full Turkcell brand portfolio (9) →
Other brands owned by Turkcell
Turkcell controls 9 brands on Brandtree, 7 of them in internet & digital.
Also in internet & digital
Other brands in payments, and who owns them
The 36 brands in payments on Brandtree belong to 19 owners. The largest is PayPal, with 4.
| Brand | Owner | Owner based in |
|---|---|---|
| GoPay | GoTo | 🇮🇩 Indonesia |
| Kaspi Alaqan | Kaspi.kz | 🇰🇿 Kazakhstan |
| Braintree | PayPal | 🇺🇸 United States |
| Afterpay | Block | 🇺🇸 United States |
| Rakuten Card | Rakuten | 🇯🇵 Japan |
| AzamPay | Bakhresa | 🇹🇿 Tanzania |
| GrabPay | Grab | 🇸🇬 Singapore |
| Mercado Crédito | MercadoLibre | 🇺🇾 Uruguay |
About the owner: Turkcell
Turkcell is a publicly listed company headquartered in Istanbul, Turkey, founded in 1993. Brandtree records 9 brands under its control, and it is listed as NYSE: TKC.
Turkcell is a Turkish joint stock company incorporated in 1993 that began operating in 1994 as the country's first GSM operator. It has grown from mobile telephony into fixed broadband, digital services, payments and consumer finance, and files a Form 20-F with the SEC; its shares trade on Borsa Istanbul and its ADSs on the New York Stock Exchange. Its own filing lists the consumer apps below as services it develops in house, and notes that it sold its Ukrainian operations, including lifecell, in 2024.
🇹🇷 Paycell and other Turkish brands
Brandtree records a controlling owner for 89 brands that began in Turkey. 11 of them (12%) are now controlled by a company headquartered in another country; Paycell is not one of them.
- Hepsiburada — Kaspi.kz 🇰🇿
- Martı — Marti 🇹🇷
- Migros Sanal Market — Migros 🇹🇷
- Trendyol — Alibaba 🇭🇰
- Yemeksepeti — Delivery Hero 🇩🇪
- AJet — Turkish Airlines 🇹🇷
Frequently asked questions
Who is the parent company of Paycell?
The parent company of Paycell is Turkcell, a publicly listed company headquartered in Turkey.
Is Paycell Turkish?
Yes. Paycell originated in Turkey in 2012 and its owner, Turkcell, is also headquartered in Turkey.
Is Paycell still owned by Turkcell?
Yes. As of 9 October 2026, Paycell is still owned by Turkcell. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Turkcell İletişim Hizmetleri A.Ş. Annual Report on Form 20-F filed 2026-04-17 — SEC EDGAR, SEC Form 20-F, published 17 April 2026; retrieved 4 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.