Paribu
- Company typePrivate
- Founded2017
- HeadquartersIstanbul
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
Paribu firmographics
Firmographics- Name
- Paribu
- Legal name
- Paribu
- Website
- https://www.paribu.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Paribu industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC)
- akta.pro secondary industries
- Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), Self-Custody Wallets (Consumer & Institutional) (FSADACAE)
Keywords
Where Paribu is headquartered
LocationHeadquarters
- HQ city
- Istanbul
Offices1 record
Markets served
Paribu business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Crypto Trading Transaction Fees: Paribu charges transaction fees on buy/sell orders for crypto assets traded on its platform. Platform supports 220+ crypto assets with trading pairs against Turkish Lira (TL), USDT, and Fan tokens.
- Crypto Custody Services: Paribu Custody provides institutional-grade digital asset custody services, including secure cold storage and blockchain staking capabilities through partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard trading fees apply per transaction |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Paribu product offering
Product offeringCore offering
Paribu operates a retail-facing cryptocurrency exchange platform that enables Turkish users to buy, sell, and trade 220+ digital assets using Turkish Lira, USDT, and Fan token pairs, with ColdShield-secured custody and Hyper Engine-powered execution. It complements the exchange with institutional custody services (Paribu Custody), a self-custody wallet (Paribu Self), an NFT platform (Paribu Art), a loyalty program (Paribu Pass), and acquired operations CoinMENA (MENA exchange) and Clave (onchain smart wallet).
Product overview
Paribu is a Turkish digital asset platform founded in 2017 offering a comprehensive cryptocurrency trading ecosystem. The core platform provides access to 220+ cryptocurrencies with features including Hyper Engine for high-speed trading, Pro interface for professional traders, and ColdShield cold storage security via Paribu Custody. The ecosystem extends through Paribu Hub (blockchain education), Paribu Ventures (startup investment), Paribu Art (NFT platform), Paribu Pass (loyalty program), and Paribu Self (self-custody solutions). Recent acquisitions include CoinMENA (MENA region exchange) and Clave (decentralized smart wallet), expanding regulatory footprint and on-chain capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Paribu Hub: Blockchain education and ecosystem support initiative established by Paribu in January 2020 to contribute to the blockchain ecosystem through educational collaborations and project support.
- Paribu Custody
- Paribu Ventures
- Paribu Art
- Paribu Log
- Paribu Pass
- Paribu Self
- Paribu Box
Products and services
- Paribu Crypto Exchange (Core Platform) Core consumer-facing cryptocurrency trading platform enabling Turkish retail users to buy, sell, and trade 220+ crypto assets including Bitcoin, Ethereum, altcoins, USDT, and sports fan tokens using Turkish Lira, with ColdShield-secured custody, Hyper Engine execution, QR transfers, portfolio tracking, and price prediction tools.
- Paribu Custody (ColdShield) Institutional-grade custody service featuring ColdShield cold storage technology for securing digital assets, offered to institutional clients with advanced security measures and staking capabilities through the Figment partnership.
- Paribu Self Self-custody wallet solution enabling users to maintain direct control of their digital assets through non-custodial storage with personal key management.
- Paribu Art NFT platform and digital art initiative enabling users to explore and trade blockchain-based digital artwork and collectibles.
- Paribu Pass Loyalty and membership program offering exclusive benefits, rewards, and privileges to Paribu users.
- CoinMENA Bahrain and Dubai-licensed cryptocurrency exchange serving the MENA region with 1.5 million+ users across 45 countries, providing access to more than 50 cryptocurrencies; acquired by Paribu for up to $240 million.
- Clave London-based decentralized smart wallet using Account Abstraction and passkey technology to solve the seed phrase problem, providing simplified self-custody blockchain access; acquired by Paribu in March 2026.
Companies that use Paribu
Customer profileSegments1 record
Ideal customer profiles2 records
Paribu technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature3 records
Paribu partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
Paribu competitors and assessment
Company assessmentBroad incumbents
- Bitget: Copy-trading and derivatives-led global exchange with strong emerging-market reach; competes with Paribu for pro and retail Turkish users, especially in altcoin and copy-trading segments.
- OKX: Global spot and derivatives exchange competing for the same retail and pro Turkish users; comparable in offering multi-asset trading, custody, and self-custody wallet (OKX Wallet).
- Crypto.com: Retail-focused exchange and app with staking, custody, and a Visa card; comparable in offering a multi-product crypto ecosystem aimed at mainstream retail users similar to Paribu's.
- Binance: Global crypto exchange that operates in or near Turkey with broad liquidity, derivatives, and P2P TL rails; the dominant incumbent that Paribu competes against for Turkish retail and institutional flow.
- Bitfinex: Established global crypto exchange with strong P2P TL liquidity historically; overlaps with Paribu in serving professional Turkish traders and providing fiat on/off-ramps.
- KuCoin: Global altcoin-heavy exchange that competes for long-tail token listings and Turkish retail users seeking variety beyond the major coins.
- Bybit: Global crypto derivatives-heavy exchange that courts emerging-market retail including Turkey; overlaps with Paribu's Hyper Engine pro-trader focus and spot offering.
Regional players
- BitOasis: Leading MENA-focused crypto exchange headquartered in the UAE; competes with CoinMENA/Paribu for Arabic-speaking retail users across the Gulf under local regulatory frameworks.
Direct peers
- BtcTurk: One of Turkey's oldest and largest cryptocurrency exchanges; directly competes with Paribu for Turkish retail crypto traders with TL trading pairs and is the most comparable domestic competitor.
- Rain (Bahrain): Bahrain-licensed crypto exchange operating in MENA under CBB oversight; closely comparable to CoinMENA (now Paribu's subsidiary), making the combined entity directly competitive.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights6 records
Customer concentration
Paribu social profiles
Digital presenceParibu compliance and trust
Trust signalCompliance2 records
Paribu financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paribu leadership team
Management profileNumber of profiles
Profiles1 record
Paribu subsidiaries and ownership
Company hierarchySubsidiaries4 records
Paribu funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paribu M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paribu
What does Paribu do?
Paribu operates a retail-facing cryptocurrency exchange platform that enables Turkish users to buy, sell, and trade 220+ digital assets using Turkish Lira, USDT, and Fan token pairs, with ColdShield-secured custody and Hyper Engine-powered execution. It complements the exchange with institutional custody services (Paribu Custody), a self-custody wallet (Paribu Self), an NFT platform (Paribu Art), a loyalty program (Paribu Pass), and acquired operations CoinMENA (MENA exchange) and Clave (onchain smart wallet).
Is Paribu a public or private company?
Paribu is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Paribu founded?
Paribu was founded in 2017. It employs 101 to 250 people.
Where is Paribu based?
Paribu is headquartered in Istanbul.
How does Paribu make money?
Two revenue lines are on record. Crypto Trading Transaction Fees are the primary driver. The others are crypto Custody Services.
Who are Paribu's main competitors?
Broad incumbents on record are Bitget, OKX, Crypto.com, Binance, Bitfinex, KuCoin and Bybit. BitOasis is listed as a regional player. Direct peers are BtcTurk and Rain (Bahrain).
Does Paribu have an API?
Yes. Paribu exposes a public API. Developer documentation is at docs.paribu.com/api.
What industry is Paribu in?
Paribu's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is FSAPACAC, Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets), with a secondary code of FSAGAMAB, Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra). Its NAICS code is 522320 and its SIC code is 6200.