- Satispay, a Milan, Italy-based mobile payments startup, raised €93m in Series C funding
- The round completed at a €180M pre-money valuation consists of €68M of newly issued primary shares
- The round co-led by Square, Tencent, LGT Lightstone, and TIM Ventures
- The formal closing is subject to customary closing conditions and expected to complete by the end of the year
- The company intends to use the funds to consolidate its leadership position in Italy while also accelerating its international expansion in Luxembourg and Germany
- The company has now reached over 1.3 million consumers and 130 thousand, merchants
