Nopan has raised €7.2M to date, including a recent round led by Newion and support from Crane and Seedcamp.
Based in Amsterdam, Nopan has a payment institution licence from the Dutch central bank and is a Principal Member of the European Payments Initiative, helping to grow Wero.
This funding arrives at a time when the global open banking market, which covers account and wallet payments, is expected to grow from $51 billion in 2026 to $287 billion by 2033.
When working on Netflix’s Amsterdam payments team, Konstantin Surkov and Nick Ryabov noticed that account and wallet payment methods started strong but struggled as they grew. This challenge led them to start Nopan.
The company has raised €7.2M so far, with recent backing from Newion, Crane, Seedcamp, and angel investors in merchant payments and fintech.
