Paypercut Raises €5 Million in Seed Funding
Paypercut, a fintech company specializing in payment infrastructure for online merchants, has successfully raised €5 million in a seed funding round dated June 3, 2026. The round was co-led by Concentric, Passion Capital, and Araya Ventures, with additional participation from investors such as SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka.
Company Overview
Paypercut offers a streamlined payment integration service for European merchants, allowing them to accept card payments, digital wallets, and Buy Now Pay Later (BNPL) options through a single platform. The company provides localized payouts and multi-currency support, facilitating fast onboarding for merchants operating in the European Union.
Expansion Plans
The newly acquired funds will be utilized to expand Paypercut's reach across Central and Eastern Europe (CEE). The company aims to simplify fragmented payment systems in this region by providing a unified payments stack that supports various payment methods, generates payment links, and manages billing, payouts, and multi-currency settlements through one dashboard.
Leadership and Vision
Stoil Vasilev, Chief Executive Officer of Paypercut, is at the helm of the company's strategic growth. The funding will enable the company to further develop its platform and introduce new features such as Express Checkout, a one-tap payment solution designed to enhance the user experience for both merchants and consumers.
Conclusion
With this seed funding, Paypercut is set to solidify its position in the European fintech landscape, offering comprehensive payment solutions tailored to the needs of merchants in the CEE region. The support from a diverse group of investors underscores the confidence in Paypercut's business model and growth potential.