YAPAY AI
YAPAY.AI is a bootstrapped, founder-led Turkish AI startup that has built CIMCIME, an API-based computer vision solution extracting structured data from financial documents for fintech, insurtech, ERP, and accounting platforms. The product is in public beta.
- Company typePrivate
- Founded2023
- Headquarters—
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What YAPAY AI does
YAPAY.AI is a Turkish-origin, single-founder AI startup established in August 2023 by Niyazi Kemer, a former architecture and BIM professional who previously held technical roles at ENKA and Autodesk. The company is headquartered in Turkey (specific city undisclosed) and operates as a bootstrapped, privately held entity with no disclosed institutional funding, employees beyond the founder, or parent company.
The company's core product is CIMCIME, an AI-powered automated document data extraction solution currently in public beta as of March 1, 2025. CIMCIME accepts images of receipts, invoices, and credit card statements via API and returns structured JSON output (date, amount, vendor, tax rates) using a proprietary AI model. The technical stack is deployed on AWS EC2 using Docker containers with a FastAPI backend, PostgreSQL database, and Traefik reverse proxy for HTTPS/SSL termination. The AI capability is anchored in computer vision applied to financial documents.
YAPAY AI pursues an API-first, product-led growth go-to-market targeting the fintech ecosystem broadly — Fintech, Insurtech, ERP platforms, and accounting software providers. Distribution is currently limited to direct email requests for API keys ([email protected]), with one publicly disclosed integration showcase via Manim, an open banking platform embedded in ERP and accounting software. Revenue mechanics are subscription-based (per disclosed revenue model) but pricing, billing tiers, and any paying customer count remain undisclosed during the beta phase. Marketing is restricted to the founder's company blog, LinkedIn, X/Twitter, and GitHub presence.
YAPAY AI firmographics
Firmographics- Name
- YAPAY AI
- Legal name
- YAPAY.AI
- Website
- https://yapay.ai
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- YAPAY.AI is a bootstrapped, founder-led Turkish AI startup that has built CIMCIME, an API-based computer vision solution extracting structured data from financial documents for fintech, insurtech, ERP, and accounting platforms. The product is in public beta.
- Ownership category
- akta.pro rank
YAPAY AI industry classification
Industry- Product category
- AI Document Data Extraction
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise PaaS (App Runtime & Managed Application Platforms) (HDAEAKAB)
- akta.pro secondary industry
- Generative AI & LLM Solutions Services (RAG, Agents, Copilots) (BPAEAHAG)
Keywords
YAPAY AI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales
Revenue model
- API-based Data Extraction Services: The company generates revenue by providing API access to their AI-powered document data extraction solution. As a beta-stage company, the specific pricing and billing model is being finalized. The solution targets Findex service providers and direct customers in the financial technology ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Beta access available by request |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
YAPAY AI product offering
Product offeringCore offering
YAPAY AI develops CIMCIME, an AI-powered Automated Data Extraction solution delivered via API. It analyzes images of financial documents such as receipts, invoices, and credit card statements and returns structured data (date, amount, vendor information, tax rates) in JSON format for Fintech, Insurtech, ERP, and accounting platforms. The product is positioned as a plug-and-play AI infrastructure offering so customers can avoid building in-house data extraction R&D.
Product overview
YAPAY AI is an AI company developing intelligent assistants and innovative AI technologies. The company's primary product is CIMCIME, an AI-powered Automated Data Extraction Solution currently in beta. CIMCIME uses AI models to process document images and extract structured data for the financial technology ecosystem, including Fintech, Insurtech, ERP, and accounting platforms.
Differentiator
Problem solved
Functional benefit
Brands
- CIMCIME: AI-powered Automated Data Extraction solution that extracts structured data from financial documents such as receipts, invoices, and credit card statements. Currently in beta testing.
Products and services
- CIMCIME Automated Data Extraction AI-powered automated data extraction solution that analyzes images of financial documents such as receipts, invoices, and credit card statements and returns structured data (date, amount, vendor information, tax rates) in JSON format, delivered via API for integration by fintech, insurtech, ERP, and accounting platforms.
Quantifiable outcome
- Extracts structured data from financial documents in seconds with high accuracy
Companies that use YAPAY AI
Customer profileSegments3 records
Ideal customer profiles2 records
YAPAY AI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature3 records
YAPAY AI partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ManimcoreManim is an open banking platform that embeds financial services within ERP and accounting software used by businesses. Manim integrates YAPAY AI's CIMCIME Automated Data Extraction API into their desktop and mobile platforms, enabling users to automatically extract structured data from financial documents such as receipts and invoices. This integration eliminates financial management challenges created by the use of multiple banks and platforms in commercial enterprises.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
YAPAY AI competitors and assessment
Company assessmentDirect peers
- Veryfi: Veryfi provides AI-powered OCR and data extraction APIs for receipts, invoices, and financial documents, returning structured JSON. It is the closest direct peer to CIMCIME, targeting fintech and ERP platforms with the same API-first, plug-and-play model.
- Rossum: Rossum is an AI-based invoice and document processing platform used by finance and accounting teams. It competes head-to-head with CIMCIME in extracting structured data from invoices and financial documents, including via API integrations.
- Klippa: Klippa provides OCR and AI APIs for receipt, invoice, and financial document data extraction, targeting fintech, accounting, and ERP platforms. Same product category, same delivery model, and same target customer profile as YAPAY AI.
- Mindee: Mindee offers developer-first document AI APIs that parse receipts, invoices, and financial documents into structured data. Its API-first delivery model and focus on developer experience directly mirror CIMCIME's go-to-market.
Emerging players
- Hyperscience: Hyperscience provides AI-driven document processing for enterprises, with strength in financial services and insurance back-office workflows. Overlaps with CIMCIME in document AI for financial documents but serves larger enterprise deployments.
- Taggun: Taggun is a receipt OCR API focused on extracting merchant, amount, date, and line items from receipt images. While narrower in scope than CIMCIME, it is a comparable developer-first API targeting the same receipt extraction use case.
- Affinda: Affinda offers AI document extraction APIs and automation tools for invoices, receipts, resumes, and other document types. Slightly broader scope than CIMCIME, but overlapping product, delivery model, and target buyer segments.
Broad incumbents
- Microsoft Azure AI Document Intelligence (Form Recognizer): Microsoft's document AI service provides prebuilt models for invoices, receipts, and other documents as part of the Azure cloud stack. A broad incumbent whose bundled distribution and enterprise trust pose a structural threat to niche players.
- AWS Textract: AWS Textract is the cloud incumbent for extracting text and structured data from documents, including invoices and receipts. Bundled into the AWS ecosystem that many fintechs already use, it is a default competitor to any standalone extraction API.
- Google Cloud Document AI: Google's enterprise document AI suite offers pre-trained and custom models for invoice, receipt, and form parsing as part of its broader cloud platform. It is the dominant broad incumbent competing against niche extraction APIs like CIMCIME.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights6 records
Customer concentration
YAPAY AI social profiles
Digital presenceYAPAY AI financial estimates
Financial estimateRevenue estimate
Valuation estimate
YAPAY AI leadership team
Management profileNumber of profiles
Profiles1 record
YAPAY AI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
YAPAY AI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about YAPAY AI
What does YAPAY AI do?
YAPAY AI develops CIMCIME, an AI-powered Automated Data Extraction solution delivered via API. It analyzes images of financial documents such as receipts, invoices, and credit card statements and returns structured data (date, amount, vendor information, tax rates) in JSON format for Fintech, Insurtech, ERP, and accounting platforms. The product is positioned as a plug-and-play AI infrastructure offering so customers can avoid building in-house data extraction R&D.
Is YAPAY AI a public or private company?
YAPAY AI is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was YAPAY AI founded?
YAPAY AI was founded in 2023. It employs 1 to 10 people.
How does YAPAY AI make money?
One revenue line is on record: API-based Data Extraction Services.
Who are YAPAY AI's main competitors?
Direct peers on record are Veryfi, Rossum, Klippa and Mindee. Emerging players are Hyperscience, Taggun and Affinda. Broad incumbents are Microsoft Azure AI Document Intelligence (Form Recognizer), AWS Textract and Google Cloud Document AI.
Does YAPAY AI have an API?
Yes. YAPAY AI offers an API for its Automated Data Extraction solution (CIMCIME). The API accepts document images (receipts, invoices, credit card statements) and returns structured data (date, amount, vendor information, tax rates) in JSON format. Currently available for beta testing; users must contact [email protected] to obtain an API key.
What industry is YAPAY AI in?
YAPAY AI's product category is AI Document Data Extraction. Its primary akta.pro industry code is HDAEAKAB, Enterprise PaaS (App Runtime & Managed Application Platforms), with a secondary code of BPAEAHAG, Generative AI & LLM Solutions Services (RAG, Agents, Copilots). Its NAICS code is 5132 and its SIC code is 7372.