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PastPay secured €12M in a Series A funding round led by Platina Capital to expand operations and enhance product development for its B2B payment solutions.

Sep 10, 202412 months ago

Amount Raised

€12 Million

Round Type

series a

BudapestPaymentsFintech

Investors

Platina Capital

Description

PastPay, a European B2B payment solutions provider, has completed a €12 million Series A funding round led by Platina Capital. The investment will support the company's expansion and product development efforts to revolutionize B2B transactions across the European Union.

Company Information

Company

PastPay

Location

Budapest, Budapest, Hungary

About

PastPay is a European B2B payment solutions provider that aims to revolutionize the way businesses transact. With a focus on flexible payment terms, the company helps businesses manage their cash flow more effectively. PastPay plans to expand its operations across the European Union, enhancing its platform and providing innovative payment solutions. The company seeks to become a reliable partner for B2B transactions within the European Union and EEA.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech