Announced
Completed
Financials
Sources
Tags
Private
Minority
Acquisition
Single Bidder
mobile payments
FinTech
Italy
Private Equity
Cross Border
Friendly
Completed
Synopsis
Investors Square, Tencent, LGT Lightstone, TIM Ventures led a $113m Series C round in Satispay, an Italian FinTech company. Satispay will now look to cement its leadership position in domestic Italy, where it has reached 1.3m consumers and 130k merchants, and expand into other European markets. The fresh capital will be put to work in Luxembourg and Germany, two territories where it has already taken strides and is experiencing “great momentum”.
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