Paypercut, a Sofia, Bulgaria-based fintech firm that lets small and mid-sized retailers supply “Purchase Now, Pay Later” (BNPL) via a single integration, raised €2m in pre-seed funding.
The spherical was led by Concentric, joined by Ardour Capital, RTP International, Tuesday Capital, Robin Capital, Angel Make investments Ventures and several other angel traders.
The corporate intends to make use of the funds so as to add BNPL companions within the area, localise onboarding flows in further languages and develop an company channel that shares in income.
Led by Stoil Vasilev, CEO, Paypercut offers a BNPL Aggregator that connects a number of underwriters in a single place. Retailers combine as soon as, then both permit consumers to decide on their most well-liked BNPL supplier at checkout or let an inner algorithm route the transaction to the quickest – or, when velocity ties, the lowest-cost-provider. Funds settle in a number of CEE currencies straight to the service provider’s present checking account, and onboarding is absolutely digital, compressing what is commonly weeks of paperwork right into a matter of days.
Paypercut already processes transactions for retailers in Bulgaria, Romania, Greece, and is actively rolling out throughout the remainder of CEE, with the Czech Republic, Poland, and Turkey subsequent on the roadmap.
The founding crew consists of Stoil Vasilev, CEO, (ex-VP CorpDev & Finance at SumUp), Emil Savov, CRO constructed SumUp’s CEE associate channel; founding father of 84bits (acquired by SumUp), and Gareth Walsh, COO (former International Head of Threat & Compliance at SumUp; ex-CCO at Payhawk).
FinSMEs
16/07/2025
