EP3 - Fintech Frontier - Scalapay: The Rise of Italy's BNPL Unicorn
About this episode
The podcast retraces Scalapay's lightning journey: from the 'Pay-in-3' idea launched in 2019 by co-founders Simone Mancini and Johnny Mitrevski, to the mega-rounds of 2021 that raised nearly $1 billion in capital, to reaching Italy's first unicorn milestone in 2022. Between anecdotes, flash data on the Buy Now Pay Later boom in Europe and some witty jabs at the competition, the hosts reveal the levers that drove growth: fashion-beauty partnerships, cross-border expansion and fraud-fighting technology working in the shadows. It all wraps up with a vibrant call-to-action for those who want to test 'worry-free installment payments' or simply stay updated on fintech that matters. In this episode the main theme is Fintech Scalapay. Central thesis: Scalapay became Italy's first unicorn in the BNPL sector. What specifically do we discuss? Scalapay is a fintech startup that offers an installment payment service, known as 'Pay-in-3', launched in 2019. It quickly gained popularity and raised nearly $1 billion in capital, becoming Italy's first unicorn in 2022. European Perspective: Scalapay's service is particularly relevant in Europe, where the Buy Now Pay Later model is booming, responding to growing demand for flexible payment solutions. Strategic Implications: Growth of the Buy Now Pay Later sector in Europe. Key Players: Simone Mancini, Johnny Mitrevski.
Featured startup: Scalapay
Scalapay
Italy's leading BNPL unicorn fintech: $1.5B GMV in 2024, 4M customers, 7K merchants, $953M raised in 4 years.
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