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Italy based payments platform Satispay has raised $21.9m in Series B funding from Shark Bites, Smartclub, Banca Sella Holding and Banca Etica. Satispay is a smart payment platform that enables individuals and merchants to send and receive payments. Businesses can accept payment from customers by integrating their in-store payment application to their smartphone, tablet, and PC systems.
Satispay’s potential was evident from the start as a number of prominent managers and entrepreneurs invested in past rounds. These include Jonathan Weiner and Ray Iglesias (former executives from Google Wallet and co-founders of Money20/20), Nicola Carbonari (Founder of Autoscout24), Giuseppe Donagemma (former Vice President Networks of Samsung Electronics and Nokia), as well an important investor and industrial partner, Iccrea Banca. While investors such as Iccrea Banca have reconfirmed their confidence by subscribing to the new capital increase, this operation also marks the entry of new key institutional partners.
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