Exenpay is a mobile payment application that offers users instant cashback on their transactions. It enables convenient digital payments while providing immediate financial incentives.
Funding
Funding not disclosed
Founders
Product
Problem
Mobile payment applications often lack immediate incentives for users, leading to lower adoption rates and reduced transaction volumes. Users may prefer traditional payment methods due to the absence of tangible rewards for using digital platforms.
Solution
Exenpay was a mobile payment application designed to provide users with instant cashback rewards on their transactions, aiming to incentivize the use of digital payments over traditional methods. The application facilitated convenient digital payments while simultaneously offering immediate financial benefits in the form of cashback. However, the service in Turkey has been discontinued as of February 28, 2025. The company is now focusing on its European services.
Target Audience
The primary target audience was consumers in Turkey seeking a mobile payment solution with immediate financial incentives.
Features
- Instant cashback rewards on mobile transactions
- Convenient digital payment processing
- Bank transfer and card balance withdrawal options