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Scalapay Raises $155M Series A At A $700M Valuation Led By Tiger Global To Provide Bnpl Globally

Scalapay Raises $155M Series A At A $700M Valuation Led By Tiger Global To Provide Bnpl Globally

09/09/21, 12:02 PM
Money raised
$155 million
Round Type
series a
Scalapay, a leading payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest, today announced that it has raised $155M in equity funding as part of their Series A investment round. The round was led by Tiger Global, with participation from Baleen Capital and Woodson Capital. The new investors join existing investors Fasanara Capital and Ithaca Investments.

Company Info

Company
Scalapay
Additional Info
The company has raised over $700M in funding to date. Scalapay was founded by Simone Mancini and Johnny Mitrevski in 2019. Scalapay, now a unicorn, raises $497M Series BScalapay is an innovative payment solution for e-commerce merchants across the globe that allows customers to buy now and pay later, without interest. I knew Scalapay was a winner when I saw the merchant and consumer experiences that perfectly delivered value to both sides of the two-sided network in Southern Europe," said Amit Jhawar.