Parasut

Paraşut, also known as Parachute, is a Turkish company that specializes in financial services and internet software. Founded in 2013 and headquartered in Istanbul, it operates as a SaaS (Software as a Service) provider, focusing on bookkeeping solutions for small and medium-sized enterprises (SMEs) in Turkey. The company offers a cloud-based invoice and financial management platform designed to streamline financial operations for SMEs. This platform includes tools for efficient invoicing, accounting, and financial reporting. Paraşut has established partnerships with major financial institutions, such as Akbank Direct, to facilitate bank transfers directly through its platform. As of 2016, Paraşut was serving around 110,000 companies, highlighting its significant presence in Turkeys SME sector. In 2019, Paraşut was acquired by Mikro Yazılım A.Ş., reflecting interest in its innovative financial management solutions.