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News by FinTech Collective Archive

Scalapay raises $48m in Seed funding

Sarah Wolter

January 28, 2021

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Sarah Wolter

Ireland based “buy now, pay later” platform raised $48m in Seed funding that includes debt and convertible notes led by Fasanara Capital.

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“Johnny [Mitrevski] and I were working together in online marketplaces and witnessed the challenge of acquiring customers and increasing revenue,” Simone Mancini, co-founder and CEO, told Crunchbase News. “We decided to launch in Europe where buy now, pay later is underdeveloped.”

https://news.crunchbase.com/news/scalapay-banks-48m-seed-for-buy-now-pay-later-tool/?utm_content=intro&utm_term=content

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