Thursday, October 17, 2024
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Satispay: Raises €320M in Series D Funding; Valued at Approx. €1 Billion

Satispay Raises €320M in Series D Funding; Valued at Approx. €1 Billion

  • Satispay, a Milan, Italy-based mobile payment company, raised €320m in Series D funding, at a valuation of approx. €1 billion
  • The round was led by Addition, with participation from existing investors Coatue, Greyhound Capital, Lightrock, Tencent, Block Inc., and Mediolanum Gestione Fondi SGR
  • The company, which has raised approximately €490m in total so far, intends to use the funds to continue to grow in Italy, and internationally
  • Dario Brignone and Samuele Pinta, the platform enables merchants to accept payments from customers via their digital devices
  • The company currently reaches over 3 million consumers and 200k merchants including SMBs and large companies in Italy, Germany, Luxembourg and France

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