PastPay is transforming B2B commerce by offering flexible payment solutions that empower businesses to manage payments on their terms, both online and offline. The platform allows businesses to extend payment terms by 15 to 90 days for purchases from over 170 merchants across the EU, like MediaMarkt and Cerbona.
Just before this event, PastPay secured €12 million in Series A funding led by Platina Capital, in collaboration with several leading financial institutions and high-profile private investors, marking the largest raise for a B2B BNPL in CEE.
PastPay operates across Central and Eastern Europe, including countries like Italy, Germany, Poland, Czechia, Slovakia, Romania, and Hungary, with plans to further expand into other EU markets. Their successful €12 million Series A funding round, led by Platina Capital, saw participation from major financial institutions such as MBH Fintechlab, Advance Global Capital, Quantic Financial Solutions, STRT, and BNL Start Partners, as well as angel investors like Jared Schrieber and Mark Ransford.
With this fresh capital, PastPay is set to enhance its offerings by making B2B transactions and financing even more seamless for users across Europe. The company’s two-stage strategy will focus on product development and the expansion of its digital services and infrastructure, ensuring comprehensive support for merchants operating both online and offline.