Asset Manager

Updated:

Sipay

Sipay is a Turkish e-money and payments platform founded in 2019, operating a digital wallet, POS network, and white-label wallet service under a TCMB license.

Sipay

Bireysel ve kurumsal tüm finansal ihtiyaçlarınız için Sipay yanınızda. Şimdi keşfedin, avantajlı çözümlerimizden yararlanın!

General information

Firm type

Asset Manager

Year founded

2019

Location

Region

Europe

Country

Turkey

City

Istanbul

Corporate office

Istanbul, Turkey

Sector focus

FinTechPayments

Frequently asked questions

Does Sipay hold a banking license?

No. Sipay operates under an e-money and payment services license issued by the Central Bank of the Republic of Turkey (TCMB). This license permits electronic money issuance, digital wallet operation, and payment facilitation but does not allow Sipay to lend or take deposits in the traditional banking sense.

What is Walletgate?

Walletgate is Sipay's white-label digital wallet platform. It allows third-party brands to launch a fully functional mobile wallet under their own brand name, using Sipay's underlying e-money license, payment infrastructure, and compliance framework. This spares clients from applying for their own TCMB license and building core payment systems.

Is Sipay only active in Turkey?

Sipay's public-facing materials and customer offerings are focused entirely on Turkey. The company promotes a vision of becoming a global fintech but has not disclosed any active operations, licenses, or localized products outside the Turkish market.

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