Satispay raised €60 million in a funding round led by Addition, Greyhound, and Lightrock to accelerate growth and expand new investment services.

Nov 11, 2024•8 months ago

Amount Raised

€60 Million

MilanFintechFinancial Services

Investors

LightrockGreyhoundAddition

Description

Satispay has completed a new capital increase of €60 million, with total funds raised now exceeding half a billion euros. The funding reflects strong partnership with main investors and will enable Satispay to accelerate growth and launch new services.

Company Information

Company

Satispay

Location

Milan, Lombardy, Italy

About

Satispay powers payments for the people - help you send, receive and save money, whichever side of the exchange you stand. Launched in 2015 as a European payment network, becoming an Italian unicorn in 2022 was a significant milestone for us. But what truly matters is our dedication to simplifying payments for individuals and businesses alike, making life easier for everyone. As part of our commitment, we're proud to offer innovative services like our meal vouchers, which streamline benefits for employers and promote local businesses.

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

Satispay raised €60 million in a funding round led by Addition, Greyhound, and Lightrock to accelerate growth and expand new investment services.

Investors

Description

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