Satispay is said to be targeting a EUR 120 million fundraising for stock trading.

      **TL;DR:** Italian fintech unicorn Satispay is reportedly aiming to raise up to EUR 120 million for its expansion into stock trading, ETFs, savings, and pensions. Existing investors such as Addition, Lightrock, and Greyhound Capital have allegedly committed about half, with a shareholder vote scheduled for June 29.

      Satispay, the mobile payments company based in Milan that achieved unicorn status as Italy's second unicorn in 2022, is said to be seeking up to €120 million ($139 million) in new funding. This capital would enable the fintech to grow beyond payments into areas like stock and ETF trading, savings, investments, and pensions.

      Reports indicate that current investors will vote on this funding round on June 29. Among those backing the round are Addition, Lightrock LLP, and Greyhound Capital, which have reportedly pledged roughly half of the desired amount.

      Founded in 2013 by Alberto Dalmasso, Dario Brignone, and Samuele Pinta, Satispay has established itself as an independent mobile payment network, currently boasting approximately 6.5 million users and 450,000 merchants. This represents notable growth from the 5 million users and 380,000 merchants reported at the end of 2024, a trend observed among other rapidly scaling European fintech unicorns.

      The company reached unicorn status in September 2022 after completing a €320 million Series D round that valued it over €1 billion, led by Addition, with contributions from Greyhound Capital, Coatue, Lightrock, Block Inc., Tencent, and Mediolanum Gestione Fondi SGR. In November 2024, Satispay raised an additional €60 million in a round led by Addition, Greyhound, and Lightrock, during which CEO Alberto Dalmasso shared intentions to introduce investment services for consumers, targeting a rollout in 2025.

      That timeline seemingly came to fruition when, in 2026, Satispay launched three investment funds in collaboration with Invesco, one of the leading independent asset managers worldwide. The company's movement into stock trading infrastructure is reflective of a broader trend among European fintechs that are evolving from core payment services into wealth management. Satispay's new fundraising of €120 million would significantly accelerate this transition.

      Additionally, in November 2025, Satispay launched a buy-now-pay-later service, allowing consumers to make payments in three installments. The company has consistently expanded into new European markets outside of Italy, with operations now in France and Luxembourg.

      By the end of May, Satispay reportedly recorded €670 million in total deposits, generating annualized revenue exceeding €116 million, marking a substantial increase from the €45 million net revenue it anticipated by the end of 2024.

      The planned funding round would also provide Satispay with more flexibility for acquisitions. Reports suggest that the company’s expansion into the benefits sector, including corporate meal vouchers and fringe benefits, has lessened its capital demands.

      Lightrock partner Umur Hursever, who has acted as a non-executive director at Satispay since 2021, expressed pride in continuing to support the company, having invested since the Series C round and participated in all subsequent fundraises.

      If the fundraising succeeds as intended, it would push Satispay's total funding beyond €560 million. This effort comes at a moment when European fintech unicorns are regaining investor confidence, with several significant funding rounds closing across the continent in early 2026.

      Satispay's shift from a pure payment platform to a wider financial service provider positions it directly against competitors like Revolut and N26, which already offer trading and investment products. Whether Satispay can establish a unique presence, especially in southern Europe, will hinge on its ability to rapidly scale its new financial offerings while navigating a consolidating fintech market.