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Alma raises €115m in Series C funding

France based BNPL startup raised €115m in Series C funding from investors including Tencent, GR Capital, Roosh Ventures, Cathay Innovation, Eurazeo, Bpifrance, Seaya Ventures and Picus Capital.

The startup works with Alain Afflelou, Etam, Galeries Lafayette, Printemps and Ankorstore. The company recently expanded to other markets. It is now available in Spain, Italy, Germany and Belgium. And Alma now plans to expand to the Netherlands, Luxembourg, Portugal, Ireland and Austria. In other words, Alma has refined its product — it’s now time to expand more widely.

Tags

bnpl, france, payments