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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...