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Satispay Raises Over €18 Million in Its Third Funding Round

  • Record-breaking figure for Satispay’s fundraising
  • The third funding round has closed at over €18 million
  • The new capital increase brings the total funding to over €26.8 million
  • Among the subscribers: new important institutional and industrial partners

Milan, September 7, 2017 – Satispay is a young company from Italy that is contributing to the e-payment revolution with a mobile payment system that is independent and alternative to traditional networks. With an initial target of €12 million, Satispay has officially closed its third round of funding having reached €18.3 million, a record high for the Italian market. To date, Satispay has thus raised a total of €26.8 million, and the company’s post money valuation currently lies at approximately €66 million.

Satispay’s potential was evident from the start as a number of prominent managers and entrepreneurs invested in past rounds. These include Jonathan Weiner and Ray Iglesias (former executives from Google Wallet and co-founders of Money ...

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