Italy-based mobile payment technology developer Satispay has raised €10m ($11.7m) in funding from investors including financial services firms Banca Valsabbina and Sparkasse – Cassa di Risparmio di Bolzano, Finextra has reported.
Copper Street Capital, Endeavor Catalyst, Greyhound Capital and Club degli Investitori di Torino also invested, and the cash makes up the first tranche of a round expected to close at €15m.
Founded in 2013, Satispay has developed a mobile platform that allows users to send money to each other,…
