Italy’s Satispay Raises €320M At A €1B+ Valuation With Backing From Block, Tencent And More For Its Indy Payment Network
Italy’s Satispay Raises €320M At A €1B+ Valuation With Backing From Block, Tencent And More For Its Indy Payment Network
09/28/22, 8:45 AM
Location
milanMoney raised
€320 million
Industry
fintech
financial services
More signs that the economy is slowing down in Europe, and that costs are going up, are driving merchants and consumers to look for less expensive ways to carry out their everyday business. Today, a startup out of Italy called Satispay — which operates an independent payment network that bypasses big banks and credit companies and promises lower transactions fees plus other benefits like better budget control to its users — is picking up a massive round of funding on the back of strong demand for its services.
Company Info
Location
milan, lombardy, italy
Additional Info
Satispay powers payments for the people - help you send, receive and save money, whichever side of the exchange you stand.
Launched in 2015 as a European payment network, becoming an Italian unicorn in 2022 was a significant milestone for us. But what truly matters is our dedication to simplifying payments for individuals and businesses alike, making life easier for everyone. As part of our commitment, we're proud to offer innovative services like our meal vouchers, which streamline benefits for employers and promote local businesses.