Paypercut secures €5M to scale cross-border payments in CEE

· Source: Tech.eu - Tech.eu · Field: Finance & Economics — FinTech & Digital Financial Services · Depth: Fundamental Awareness, quick

Summary

Paypercut, a European fintech company, has secured €5 million in seed funding, bringing its total funding to €7 million. The round was co-led by Concentric, Passion Capital, and Araya Ventures, with participation from several other investors. This capital will enable Paypercut to expand its payments platform across Central and Eastern Europe (CEE), strengthening its presence in existing markets and accelerating product development. The platform offers online merchants a single integration for managing card payments, local payment methods, Buy Now Pay Later options, payment links, QR codes, billing, payouts, and multi-currency settlements. Designed for the CEE market's specific requirements, Paypercut has grown since its 2025 pre-seed round to serve over 200 merchants across eight CEE markets. A new Express Checkout feature, supporting Apple Pay and Google Pay one-tap payments, is also launching to improve mobile checkout completion rates. The funding will also support the company's application for an Electronic Money Institution (EMI) licence in Ireland.

Key takeaway

For executives overseeing e-commerce expansion into Central and Eastern Europe, Paypercut's €7 million funding and platform growth signal a maturing solution for regional payment complexities. You should evaluate unified payment platforms that consolidate local methods, multi-currency settlements, and features like Express Checkout to streamline market entry and improve conversion rates in fragmented markets. Consider how such integrations can reduce operational overhead and accelerate your regional growth.

Key insights

Paypercut simplifies fragmented cross-border payments in CEE through a unified platform and local market focus.

Principles

In practice

Topics

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Editorial summary, takeaway, and curation by AIssential. Original article published by Tech.eu - Tech.eu.