Satispay plans €120M raise to push into stock trading
What's the deal? Italian fintech unicorn Satispay is reportedly planning to raise up to €120M ($139M) to expand beyond payments into stock and ETF trading, savings, investments, and pensions. Existing backers including Addition, LightrockDealroom has a profile for this one. Try Dealroom →, and Greyhound Capital have committed roughly half the target. A shareholder vote is set for 29 June 2026.
Founded in 2013, the Milan-based company built its name as an independent mobile payment network. It now counts 6.5 million users and 450,000 merchants — up from 5 million users and 380,000 merchants in late 2024.
Why now? Satispay has been laying groundwork for this move since 2024. CEO Alberto DalmassoDealroom has a profile for this one. Try Dealroom → outlined plans to launch investment services in late 2024, targeting a 2025 rollout. That timeline held: in 2026, the company launched three investment funds in partnership with Invesco.
The company is also generating meaningful revenue. It reportedly posted €670M in total deposits by the end of May 2026 and is producing annualised revenue above €116M — a sharp jump from the €45M in net revenue it projected for the end of 2024.
What could go wrong? Satispay is entering a crowded field. European fintechs from Revolut to Trade Republic already offer stock trading and wealth management products to millions of users. Competing for attention — and trust — in investment services is a different game from payments.
The company also launched a buy now, pay later service in November 2025 and expanded into corporate meal vouchers and fringe benefits. Spreading across too many product lines at once could strain execution.
The signal: Satispay's move mirrors a broader pattern among European fintechs: start with payments, then layer on wealth management. The playbook echoes what Revolut, N26, and others have pursued, but Satispay is doing it from a distinctly Italian base with a loyal user network.
If the round closes as planned, it would bring Satispay's total funding past €560M. The raise would also give it acquisition flexibility, according to reports. Satispay hit unicorn status in September 2022 after a €320M Series D led by Addition, and followed up with a €60M round in November 2024.
The company operates in France and Luxembourg alongside its Italian home market. Its trajectory suggests European fintech unicorns are increasingly betting that owning the full consumer financial stack — from payments to pensions — is the path to durable growth.
Read more: The Next Web
