Satispay is said to be aiming for a EUR 120M fundraising for stock trading.

      **TL;DR** Italian fintech unicorn Satispay is reportedly seeking to raise up to €120 million to support its expansion into stock trading, ETFs, savings, and pensions. Existing investors, including Addition, Lightrock, and Greyhound Capital, have reportedly pledged around half of this amount, with a shareholder vote scheduled for June 29.

      Satispay, a mobile payments firm based in Milan, which became Italy’s second unicorn in 2022, is reportedly looking to secure up to €120 million ($139 million) in new funding. This upcoming round aims to assist the fintech in broadening its services beyond payments to include stock and ETF trading, savings, investments, and pensions.

      Reports indicate that current investors are expected to vote on this funding round on June 29, with contributors such as Lee Fixel’s Addition, Lightrock LLP, and Greyhound Capital having committed approximately half of the target amount.

      Founded in 2013 by Alberto Dalmasso, Dario Brignone, and Samuele Pinta, Satispay has established itself as an independent mobile payment network and now reportedly serves 6.5 million users and 450,000 merchants. This shows considerable growth from the 5 million users and 380,000 merchants reported at the end of 2024, a trend that aligns with the rapid scaling of other European fintech unicorns.

      The company achieved unicorn status in September 2022 by completing a €320 million Series D funding round at a valuation exceeding €1 billion. Addition led this funding, with contributions from Greyhound Capital, Coatue, Lightrock, Block Inc., Tencent, and Mediolanum Gestione Fondi SGR.

      In November 2024, Satispay raised an additional €60 million, spearheaded by Addition, Greyhound, and Lightrock. At that time, CEO Alberto Dalmasso shared intentions to introduce investment services for consumers, with a launch expected in 2025.

      That timeline seems to have been met, as in 2026, Satispay introduced three investment funds in collaboration with Invesco, a major independent asset manager. This foray into stock trading infrastructure reflects a wider trend of European fintechs expanding from core payment functionalities to include wealth management. The new €120 million funding would significantly accelerate this evolution.

      Additionally, in November 2025, Satispay launched a buy now, pay later service, offering three-instalment payment options to consumers. The company has been progressively entering new European markets alongside its Italian base, now operating in France and Luxembourg.

      By the end of May, Satispay reportedly had €670 million in total deposits and was generating annualized revenue exceeding €116 million, signaling a considerable increase from the €45 million net revenue anticipated for late 2024.

      The prospective funding round would also enhance Satispay’s acquisition capabilities, according to reports. The company’s expansion into corporate meal vouchers and welfare benefits has reportedly decreased its capital needs.

      Lightrock partner Umur Hursever, who has been a non-executive director at Satispay since 2021, expressed pride in continuing to support the company, having initially invested during Satispay’s Series C funding and participated in all subsequent rounds.

      If the funding round concludes as anticipated, Satispay’s total funding would surpass €560 million. This fundraising effort coincides with regaining investor confidence in European fintech unicorns, with several significant funding rounds being secured across Europe in early 2026.

      Satispay’s shift from a solely payments-focused model to a more comprehensive financial platform positions it in direct competition with companies like Revolut and N26, which already provide trading and investment offerings. The company's ability to establish a unique niche, especially in southern Europe, will hinge on how swiftly it can expand its new financial products while navigating a fintech sector poised for consolidation.