Scalapay is an innovative payment solution for e-commerce merchants across the globe that allows customers to buy now and pay later, in three convenient pleasurable installments, without interest.
Scalapay's mission is empower merchants to offer their customers amazing experiences.
Scalapay was founded in Italy in 2019 by Simone Mancini and Johnny Mitrevski. The company is headquartered in Dublin, Ireland, with offices in Milan, Paris, Munich, and NSW, Australia.
Scalapay is the first product in an exciting roadmap to help merchants solve these problems and offer their customers a better experience. Scalapay currently provides retailers the opportunity to increase sales without risk while paying the seller immediately and in full upfront.
Scalapay has also launched a platform called Magic. The platform is designed to revolutionize the checkout experience for customers and solve the most painful areas for merchants wishing to provide a world-class e-commerce solution.
Scalapay currently works with major international merchants and retailers, including Shein, Decathlon, Calzedonia, Morgandetoi (Beaumanoir Group), Swappie, Moschino, Don't Call Me Jennifer, Samsonite, Nike, and Pandora, among others. They are also the official sponsor for Milan Fashion Week.
Scalapay is backed by Tencent, Tiger Global, Willoughby Capital, Baleen Capital, Woodson Capital, Gangwal, Moore Capital, Fasanara Capital Ithaca Investments, Deimos, and others. The company raised $497M in Series B round on Feb 23, 2022. This brings Scalapay's total funding to $700.5M to date. The latest round valued the company at over $1B post-money.