US EditionEIB Grants €70M Scale-Up Debt to Boost Growth of Italian Fintech Scalapay
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5 Articles
Italy: EIB invests €70 million in Scalapay to accelerate technological innovation in Europe - The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com EIB News
(Credit: Unsplash) This article is published in association with European Investment Bank. This is the first time that the EIB has provided scale-up debt financing to an Italian unicorn company. The main investments contribute to reinforce Scalapay’s development activities in the Buy Now, Pay Later. The operation is backed by InvestEU and is in line with TechEU, the EIB Group’s initiative aiming to mobilise €250 billion over the next three year…
The European Investment Bank grants growth finance for the first time to an Italian unicorn. The operation is part of TechEU, the EIB's massive financing initiative, which aims to mobilise EUR 250 billion between 2025 and 2027. The use of non-dilutive financing, calibrated for pre-IPO companies, testifies to the evolution of an EIB ... The article SCALAPAY receives EUR 70 million from the EIB, a strategic signal for Italian fintech appeared firs…
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