Fundz

Italy’s Satispay Raises €320M At A €1B+ Valuation With Backing From Block, Tencent And More For Its Indy Payment Network

PRIVATESep 28, 2022

Amount Raised

€320 Million

Round Type

Funding Round

MilanFinancial ServicesFintech

Description

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.

Quick answer

Satispay raised €320 Million in a Funding Round round, dated September 28, 2022. Satispay is based in Milan, Lombardy, Italy.

How much did Satispay raise?
Satispay raised €320 Million in a Funding Round round on September 28, 2022.
What does Satispay do?
Satispay powers payments for the people - help you send, receive and save money, whichever side of the exchange you stand.
Where is Satispay based and how big is it?
Satispay is based in Milan, Lombardy, Italy.
Who are the decision-makers at Satispay?
Fundz holds 1 contact at Satispay, including the Co-founder & CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Satispay that raised within 45 days of this round, from Fundz verified event records.

  • Blnk raised $32M on November 10, 2022.
  • Kody Pay raised $5M (Pre-Series A) on November 8, 2022.
  • Tryllian Bank raised $415M (Debt Financing) on November 8, 2022.
  • Sandbox Banking raised $5.8M on November 7, 2022.
  • InterPrice Technologies raised $7.3M (Series A) on November 2, 2022.
  • Cover Genius raised $70M (Funding Round) on November 1, 2022.

Who to call at Satispay, and when

A new round usually means Satispay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Satispay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Satispay, from your own LinkedIn network

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Company Information

Company

Satispay

Location

Milan, Lombardy, Italy

About

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.

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Fundz sees it the moment Satispay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsDario B., Co-founder & CTOSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Satispay's next move

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Satispay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.