Satispay Europe S.A.

Satispay Europe S. A. , based in Luxembourg, is a digital payment platform that revolutionizes transactions for consumers and businesses, enabling seamless payments, money transfers, savings tools, and cashback offers without traditional payment methods. Founded in 2013 and headquartered in Luxembourg, Satispay Europe S.

A. specializes in digital payment solutions. The company's founders, Alberto Dalmasso, Dario Brignone, and Samuele Pinta, have established Satispay as a key player in the payment ecosystem, facilitating transactions across Italy and beyond. To date, Satispay has completed 13 deals, with its most recent funding round on November 11, 2024, raising EUR 60.

00 mn from Addition, Greyhound Capital, and Lightrock, bringing the total amount raised to EUR 60. 00 mn. Satispay is a digital payment application and welfare platform that offers an innovative and efficient solution for both consumers and businesses. The core functionality of Satispay allows users to make payments in physical stores and online, transfer money to contacts, create savings tools, and benefit from cashback offers.

The application is designed for ease of use, making digital payments a seamless experience without the need for traditional payment methods such as cards or POS systems. This service caters to a diverse clientele, including over 5 million users and more than 400,000 partner merchants, facilitating transactions in various markets, particularly across Italy. Satispay enhances the payment experience by offering secure transactions in over 70,000 affiliated locations, enabling users to manage their financial interactions efficiently. In 2023, Satispay generated revenue of EUR 21,617,585.

80, while reporting an EBITDA of EUR -32,568,127. 10. The company generates revenue through transaction fees and partnerships, where merchants pay a small commission for transactions processed through the platform. Additionally, Satispay's subsidiary, SatisWelfare S.

p. A. , provides digital welfare services, further diversifying its revenue streams. In November 2024, Satispay Europe S.

A. raised EUR 60. 00 mn to drive its service expansion for customers and partners. The funding will support future growth strategies, including the development of new products and potential market expansion into regions beyond Italy.

Specific details on upcoming product launches and targeted geographic areas are being explored to enhance the company's offerings.