Scalapay, one of the leading European deferred payment platforms, raises € 131 million of equity funding as part of the Series A investment round. The new loans will also contribute to increasing the international dimension and launching new products to support businesses in the luxury, fashion and travel sectors. “Scalapay has quickly become an important operator in the field of European payments and in the Bnpl sector (buy now, pay later). Currently, the fintech created in 2019 by Simone Mancini and Johnny Mitrevski helps more than 3,000 partner companies to grow through deferred payments over time at no additional cost. On the one hand, it makes it easier for people to get what they want right away, lightening their expenses immediately thanks to the fact that they can divide the total into 3 monthly amounts; on the other hand, it allows companies to have more customers, with average spending that increases by 48% and conversions at checkout that grow by 11 percent. Scalapay has become the official sponsor of Milan Fashion Week for the period 2021-2023.