Scalapay raises USD 48 mln in seed funding round

Friday 29 January 2021 10:50 CET | News

Italy-based buy-now-pay-later solution provider Scalapay has announced that it has raised USD 48 million in a seed funding round.

The round was led by Fasanara Capital and it also included Baleen Capital and Ithaca Investments.

Customers that choose Scalapay as a checkout option can set up an account in a matter of minutes, and pay with Visa, Mastercard, Amex, or a bank account. The instalments are automatically debited from the customers’ payment method on the due dates.

According to the press release, Scalapay has over 1,000 merchants across France, Italy, and Germany. Customers include merchants such as Decathlon, Calzedonia, Bata, Aosom, and Bricobravo.

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Keywords: Scalapay, Italy, Europe, investment, funding round, BNPL, buy-now-pay-later
Categories: Payments & Commerce
Countries: Italy
This article is part of category

Payments & Commerce