What is Satispay?
Founded in 2013 and headquartered in Milan, Italy, Satispay operates an independent payment network that bypasses traditional banking and credit card intermediaries. The company offers users lower transaction fees and improved budget control. Satispay's innovative approach to mobile payments positions it as a key player in the European fintech landscape, challenging established payment systems with its user-centric and cost-effective model. The company's mission is to simplify everyday transactions for consumers and merchants alike.
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, ICCREA Banca, Banca Etica, and SharkBite
Series B (2018): $11.7M featuring Endeavor Global, Greyhound Capital, and Copper Street Capital
Series C (2020): $110.2M backed by Square, Inc., Tencent, TIM Ventures, and LGT Lightstone
Series D (2022): $320M with participation from Greyhound Capital, Lightrock, Addition, and Coatue
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 across private and public markets, focusing on purpose-driven businesses that address significant global challenges with a commitment to impact and returns.
Greyhound Capital
Greyhound Capital Management LLP is a financial services firm based in England and Wales, specializing in investment management and offering responsible investment solutions to institutional investors.
Addition
Addition is a global Manufacturing Technology company providing advanced, efficient, and safe manufacturing equipment, systems, and technologies.
What's next for Satispay?
With this recent strategic investment, Satispay is poised for accelerated growth and further development of its payment infrastructure. The company is likely to focus on expanding its merchant network, enhancing its service offerings, and potentially exploring new geographic markets. This backing will enable Satispay to solidify its competitive advantage and continue its trajectory as a leading independent payment solution provider, driving innovation in the digital payments space.
See full Satispay company page
