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, 2024•12 months ago
Amount Raised
€12 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-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