Paypercut raises €5M seed round co-led by Concentric, Passion Capital, and Araya Ventures, bringing total funding to €7M
The company has grown to more than 200 merchants across eight Central and Eastern European marketsc in under a year
New funding will support regional expansion, an Irish EMI licence application, and stablecoin-powered cross-border payment rails
For many online merchants, expanding across Europe is relatively straightforward. Expanding across Central and Eastern Europe (CEE) is a different story. Businesses often face a patchwork of local payment methods, currencies, regulations, and settlement systems that vary from market to market. Merchants entering a new country frequently need new integrations, new contracts, and entirely new payment setups.
Paypercut believes that complexity has held back one of Europe’s fastest-growing e-commerce regions for too long.
