PapercutA Sophia-based fintech, which allows small and medium-sized merchants to purchase now, pays $ 2 million for pre-bees fund through single integration (BNPL), for a finance-centric organization in this region.
Leading the centralized investment, Passion Capital, RTP Global, Capital, Robin Capital, Angel Invest Venture and several Angel investors joined on Tuesday.
“It is important to stop selling; A single BNPL may kill the falling basket“Said Steel VasiliveCEO, Papercut. “By combining the suppliers with various risky hunger, we give buyers the choice and a protection net of merchants. Here SMBs have been undergoing over the years – our product puts them first in the endThe “
Established in 2025, Paperkat is a sum of payment platforms that provide SMGs access to competitive BNPL conditions, which are previously reserved for large enterprises. The BNPL products in Papercut alleged that the approval rate for customers and the payment of payment through multiple BNPL suppliers at the same time raised the transition rate for merchants by routing. At the same time, the BNPL suppliers gained better access to the fragmented SME market, creating a winning scene across the ecosystem.
Established by a team of deep experience in paying the region, Piparkat is removing BNPL support in Bulgaria, Romania and Greece as well as expansion across Europe.
Founding Party – Steel Vasilliev (CEO), Emil Savov (CRO), and Gareth Walsh (COO) – will use BNPL partners in the region, to localize additional languages and use a new capital to increase an agency channel, which is shared on the revenue.
“Small merchants of CEE still arouse a salary-limit option to a supplier at once. Papercut it decides that in a stroke – a collective, founder -led by local regulations and checkout habits, led by founders who have already made payment here“Added Alex StroudPrincipal, centralized.
The BNPL Agrigator in Peppercut connects several underwriters in one place. The merchants consolidate once, then allow the buyers to choose the BNPL supplier at the checkout or allow an internal algorithm the fastest-or, when the speed, the minimum expenditure allows the user to route the transaction.
The funds settled directly into the existing bank account of the merchant in multiple CEs and on -boarding completely digital, often compressing a few weeks of paperwork that remains in a few days.
“We have supported the papercut for the clarification of the team’s caliber and playbook. An integration, instant onboarding, multi-mudra payment-straight fixes for reality merchant pain, with rail which can extend far from the region“Added Ethan ImbodenPartner, Capital on Tuesday.
Papercut already processes transactions for merchants in Bulgaria, Romania and Greece, and is actively rotating throughout the CEE with Turkey next to the Czech Republic, Poland and Roadmap.
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