What is Satispay?
Founded in 2013, Satispay operates an independent payment network that fundamentally alters the traditional transaction model. By decoupling payments from the legacy banking and credit card rails, the company provides a proprietary platform that significantly reduces transaction fees while offering superior control over personal finances. Headquartered in Milan, Italy, the firm has evolved from a localized startup into a significant regional player, leveraging its unique architecture to provide a seamless, secure, and cost-effective digital wallet experience that serves as a direct competitor to established financial institutions.
How much funding has Satispay raised?
Satispay has raised a total of $536.8M across 7 funding rounds:
Series A
$7.1M
Private Equity
$3.4M
Private Equity
$21.4M
Series B
$11.7M
Series C
$110.2M
Series D
$320M
Other Financing Round
$63M
Series A (2014): $7.1M with participation from Gruppo Bancario Iccrea
Private Equity (2015): $3.4M led by Gruppo Bancario Iccrea
Private Equity (2017): $21.4M supported by Smart Club, Banca Sella Holding, Banca Etica, ICCREA Banca, and SharkBite
Series B (2018): $11.7M featuring Endeavor Global, Greyhound Capital, and Copper Street Capital
Series C (2020): $110.2M backed by TIM Ventures, Square, Inc., LGT Lightstone, and Tencent
Series D (2022): $320M with participation from Lightrock, Coatue, Addition, and Greyhound Capital
Other Financing Round (2024): $63M led by Lightrock and Greyhound
Key Investors in Satispay
Lightrock
Lightrock is a global sustainable investment platform managing over $5.5 billion in assets, focusing on purpose-driven businesses that address significant global challenges through technology-driven growth.
Coatue
Coatue Management is a prominent hedge fund sponsor and private equity firm that invests in high-growth technology companies and public equity markets globally.
Greyhound Capital
Greyhound Capital Management is a London-based financial services firm specializing in investment management and providing responsible, compliant capital solutions to institutional clients.
What's next for Satispay?
With the successful closure of this recent strategic financing, Satispay is poised to accelerate its expansion efforts and deepen its market penetration. The company is expected to utilize these resources to enhance its technological infrastructure, potentially broadening its suite of financial services to include more sophisticated merchant solutions and consumer-facing credit products. As the fintech sector continues to consolidate, Satispay's ability to maintain its independence while scaling its network will be critical. The firm's focus remains on driving adoption across Europe, leveraging its proven model to capture a larger share of the digital payments market while maintaining the operational agility that has defined its growth to date.
See full Satispay company page
