GrowishPay S.r.l. Asset Profile

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Year established

2014

Location

Milan Italy

Primary Industry

Software

About

Based in Milan, Italy, and founded in 2014, GrowishPay S.r.l. operates as an e-wallet-based social payment solution for group payments, gift lists, gift cards, e-wallet management, payments by loyalty card, and loyalty and cashback programs. Claudio Cubito and Domingo Sarmiento Lupo are the co-founders of the company. In January 2021, GrowishPay S.r.l. raised venture funding from CDP Venture Capital and Digital Magics. The company serves over 1500 merchants including OVS, Mediaworld, Lastminute.com, Volagratis, Uvet Travel Network, LoveTheSign, Musement, Nexi SmartPos and others. The company provides a white-label platform that includes features such as crowdfunding and P2P lending, invoice and credit trading, bank-as-a-service and card programs, and a martech omnichannel gift list. The firm offers technologies and integrations including open banking, group, and split payments, e-wallets and virtual IBANs, escrow accounts, and KYC and fraud monitoring. GrowishPay also provides fintech solutions such as strategy and design thinking, product and project planning, tech analysis, branding strategy, UX/UI product design and prototyping, scouting fintech providers, application as an agent/distributor, AML risk mapping and monitoring, customer assistance as-a-service, salesforce, and CRM integrations, and legal assistance.

Current Investors

CDP Venture Capital, Digital Magics

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Primary Industry

Software

Sub Industries

Credit Collections & Services, e-Financial, Internet, Application Integration Software, Accounting/Finance Software

Website

www.growishpay.com

Verticals

Cloud Computing, FinTech, FinTech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

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