Parolapara's operating license has been revoked

With a communiqué published in the Official Gazette by the Central Bank, the authorization granted to Parolapara Elektronik Para ve Ödeme Hizmetleri A.Ş. to operate as an electronic money institution—issued via Central Bank decision dated July 28, 2022, numbered 11284/20883, under the Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions dated June 20, 2013—has been revoked in accordance with the first paragraph, clause (b) of Article 16, Article 19, and the eighth paragraph of Article 21 of the Law.