Social Startup Yuvarla Acquired By Papara

Papara announced that for the first time in Turkey, a social startup has been subjected to a purchase transaction and has acquired Yuvarla, a startup that provides resources to non-governmental organizations. Papara also offers donation feature to more than 13 million users. With its acquisition of Yuvarla, Papara aims to strengthen this feature and increase the number of NGOs it can reach. The company also stated that he aims to establish a fast, continuous and more active donation channel and to increase donation amounts.

Also read: Mükellef Shifts Gear with Workhy, Expands in to Germany

Kenci also stated that with the realization of this acquisition, they will strengthen their “donation” features, reach more NGOs, increase their donation amounts and enable Yuvarla to reach a wider audience. He said that their acquisition of Yuvarla would be a first in the Turkish entrepreneurship ecosystem. He also said that as the Papara platform, they always stand behind social entrepreneurs and they intend to support them until the end. He also stated that they have taken an important step in this regard.