According to the company, for merchant partners, their 3 instalment plan drives new customers, increases average basket sizes by 48% and conversion at checkout by 11%.
Since its launch, Scalapay have opened their services to Italy, France, Germany, Spain, Portugal, Finland, Belgium, Netherlands and Austria. Their team has doubled in size, to over 150 people, since their seed funding announcement in January 2021. The latest funding round brings the total amount raised to USD 203 million in two years since launch.
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