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Leading Bnpl Platform Scalapay Raises $27M Usd From Poste Italiane, In A Series B Capital Increase Extension

Leading Bnpl Platform Scalapay Raises $27M Usd From Poste Italiane, In A Series B Capital Increase Extension

05/03/22, 4:00 AM
Money raised
$27 million
Round Type
series b
Scalapay, a leading European Buy Now – Pay Later provider, today announced a $27M USD investment from Poste Italiane, Italy's largest service infrastructure network and one of the largest payment card issuers in Europe, in a Series B extension.

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.