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Valuation

$90.1M

2025 Revenue

$30M

Funding

$0

Team

273

Founded

2001

How PayCore grew PayCore to $30M revenue with a 273 person team in 2025.

Established in 2001, PayCore (formerly Cardtek, acquired MPTS Turkey in 2019) offers innovative, end-to-end payment solutions and services to banks, PSPs, e-money institutions, telecom operators, and retailers. PayCore has been a reliable, long-term technology solution partner to 250+ clients in 30+ countries. PayCore’s PCI DSS, BKM, MasterCard & Visa-certified Processing Center serves 65 clients in EMEA region through its infrastructure. Range of PayCore Processing Services cover; Issuing, Acquiring, Payment Gateway, Digital Payment Acceptance and Digital Card. Being a payment software company as well as a processor enables PayCore to provide you cutting-edge technologies!

Last updated

PayCore Revenue

In 2025, PayCore's revenue reached $30M. Since its launch in 2001, PayCore has shown consistent revenue growth.

PayCore Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M2001200320052007200920112013201520172019202120232025$0$30MSource: GetLatka.com
YearMilestone
2025PayCore Hit $30m revenue in December 2025
2001Launched with $0 revenue

PayCore Valuation, Funding Rounds

PayCore's most recent disclosed valuation is $90.1M.

PayCore is a bootstrapped Payment Card Issuance Software startup. Founded in 2001, PayCore has grown to $30M in revenue without raising any venture capital or outside funding.

As a self-funded Payment Card Issuance Software SaaS company, PayCore has built its business with no outside investment.

PayCore Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120012001 cumulative: $0 • 2001 Founded: $02001 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

PayCore Employees & Team Size

PayCore employs approximately 273 people as of 2026.

PayCore has 273 total employees in different roles and functions.

PayCore Team GrowthReported headcount over time060120180240300200120032005200720092011201320152017201920212023202500273273Source: GetLatka.com
YearMilestone
2025Reached 273 employees (December 2025)

Customers

We do not have customer count information for PayCore yet.

Frequently Asked Questions about PayCore

What is PayCore's revenue?

PayCore generates $30M in revenue.

How much funding does PayCore have?

PayCore raised $0.

How many employees does PayCore have?

PayCore has 273 employees.

Where is PayCore headquarters?

PayCore is headquartered in Sariyer, Istanbul, Turkey.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .