Today we are delighted to announce a $27M USD investment from Poste Italiane, Italy’s largest service infrastructure network and one of the largest payment card issuers in Europe. This funding is an extension of Scalapay's $497M USD Series B fundraising round, bringing the total to $526M USD. The funding will allow Scalapay to continue the expansion and development of it’s world-class team, product development, and brand building activities. For 160 years, with 12,800 Post Offices, 122 thousand employees, €582 billion in total financial assets, and about 35 million customers, Poste Italiane has been an integral part of Italy’s social and productive fabric, unparalleled in terms of size, brand awareness, reach and trust. Through its fully owned subsidiary PostePay, Poste Italiane is the digital services ecosystem of choice in Italy with ca. 29 million payment cards, ca. 28 million financial apps, and ca. 9 million digital wallets. #fintech #scalapay #payments #BNPL #retail #ecommerce #posteitaliane #postepay
Thank you Simone and Scalapay team, let’s keep it up!!
Hope this funding will be a consistent support in the growth to the top of the market 💌
Mattia Meli
1y
Che coraggio, sapendo come lavora poste italiane ed i suoi postini. Chiuderò subito il mio account per passare alla concorrenza 😂
Congrats! I hope posteitaliane will keep up with the speed the world is changing 🚀
Knowing that roughly 90% of online transactions with scalapay are rejected each day, it seems to be the latest “great investment” by Poste 😂🤦🏼♂️
C’mon! You rock people!
way to go! great stuff
Congrats
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1yPoste is one of the most forward thinking public companies we have in Italy 🇮🇹