Scalapay, Southern Europe's leading payment solution that enables customers to buy now and pay later (BNPL) without interest, today announced that it has raised $497M in Series B investment funding. The round was led by Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.

The company has raised over $700M in funding to date. Scalapay was founded by Simone Mancini and Johnny Mitrevski in 2019. Scalapay, now a unicorn, raises $497M Series BScalapay is an innovative payment solution for e-commerce merchants across the globe that allows customers to buy now and pay later, without interest. I knew Scalapay was a winner when I saw the merchant and consumer experiences that perfectly delivered value to both sides of the two-sided network in Southern Europe," said Amit Jhawar.

Scalapay, Now A Unicorn, Raises $497M Series B And Enters The Checkout Market

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