Founded by Simone Mancini and Johnny Mitrevski in 2019, Scalapay is an innovative payment solution for e-commerce merchants across the globe that allows customers to buy now and pay later (BNPL), in three installments, without interest.
Scalapay’s mission is to provide a global platform that is based on pleasure and better consumption choices. The company has raised over US$700mn in funding to date and since its recent Series A round, Scalapay has grown its payment volume three times month over month.
The company currently works with major international merchants and retailers, including Shein, Decathlon, Calzedonia, Moschino, Samsonite, Nike, and Pandora, among others. They are also the official sponsor for Milan Fashion Week.
Changing the checkout experience for customers
Scalapay has recently raised US$497mn in Series B investment funding. The round was led by Tencent and Willoughby Capital, with participation from Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital.
The company’s BNPL offerings include three options for customers (Pay in 3, Pay in 4, and…