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Scalapay raises $48m in Seed funding

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

“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.”

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bnpl, lending, ireland