Momentum, the holding company of the Satispay Group, has announced that it has convened an Annual General Meeting and an Extraordinary General Meeting for 29 June. Among the items on the agenda is a resolution on a capital increase, to be offered as an option to shareholders, for a maximum amount of \u20ac120 million, with a view to supporting the acceleration of the fintech company\u2019s growth strategy and the go-to-market of new financial services. <\/p>\n\n
This transaction comes at a time of strong growth for the company, with annualised revenue (ARR) as at 31 May exceeding \u20ac116 million, confirming the upward trend (+80% year-on-year over the last two quarters). This result is driven by the launch of new services, the steady growth of the user base, which has surpassed the 6.5 million mark, and the achievement of gross operating profitability across all core business lines (from payments to welfare, including value-added services such as mobile top-ups and gift cards), net of commercial expenses. <\/p>\n\n
Around 50% of the capital increase is earmarked for the business plan for organic growth and is backed by a commitment to subscribe from existing investors, including Greyhound, Addition and Lightrock, confirming the company\u2019s valuation of over one billion euros. <\/strong>The fundraising round, which is open to investments of up to \u20ac120 million, also leaves the company free to pursue any further opportunities for external growth.<\/p>\n\n These new funds are in addition to the liquidity already available, consolidating a solid financial position that underpins technological development. The shareholders\u2019 decision reinforces confidence in the founders, who continue to hold a controlling stake in the company\u2019s governance, and confirms the soundness of the strategic direction and the management team\u2019s ability to execute it. <\/p>\n\n This move accelerates the transformation of the Satispay app into a comprehensive financial platform. A journey that began in 2015 with the creation of a proprietary and independent payment network, upon which the Group has built value-added services over time. Since 2023, the offering has expanded to include corporate welfare, which has quickly become a key driver of the company\u2019s growth, and tools such as the interest-bearing savings account and the investment section, which open up the capital markets to all users. These will soon be joined by supplementary pensions and the purchase of shares and ETFs. The mission remains unchanged: to integrate everything needed to manage and plan one\u2019s financial future into a single app, breaking down technical and operational barriers. <\/p>\n\n Alberto Dalmasso, co-founder and CEO of Satispay (pictured in the opening photo on the far right alongside the other co-founders, Samuele Pinta on the left and Dario Brignone in the centre), said in a statement: “Italy has one of the largest pools of private wealth in the world. Wealth that, all too often, is not put to work, does not grow, and does not build a future. We believe that investing should be accessible to everyone, just as naturally as managing money in everyday life is today. This is the vision that guides every development at Satispay. Following payments and welfare, we have just launched a pension education service for businesses, the first step on a journey that will soon involve our consumer users too: we aim to simplify access to pension funds by autumn, and open up the possibility of buying shares and ETFs directly within the app. On our journey to make Satispay the most loved platform that makes financial services truly accessible to everyone, having shareholders by our side who share and believe in our medium- and long-term strategy is a real privilege. And for that, I thank them.\u201d <\/p>\n\n Ines Verschueren, a partner at Greyhound Capital, says: \u201cWe have been backing Satispay since 2018, and our conviction has only grown stronger over time, as the company has evolved from a sleek way to manage money into a genuine three-way network of consumers, merchants and businesses, in which each element enhances the value of the others.\u201d <\/strong>“Italy is the world\u2019s eighth-largest economy and yet remains surprisingly under-digitised: this is precisely why a national champion can achieve global-scale results here. Having watched Alberto and his team execute their strategy year after year, we have never been more confident in their ability to build a financial ecosystem that caters to the way Italians spend, save and invest.” <\/p>\n\n The service ecosystem. In addition to the services launched recently, the 2026 release plan includes further new features: share and ETF trading \u2013 soon, users will also be able to invest in shares and ETFs in just a few taps, reducing the complexity that still discourages many from taking their first steps into the world of investing; pension education: the new service for the over 43,000 corporate clients in the welfare sector has just been introduced; it helps employees understand their pension situation through webinars and one-to-one meetings with experts, without placing a burden on HR departments; supplementary pensions: in the coming months, retail customers will be able to subscribe to pension funds directly via the app, with the simplicity that characterises all Satispay services. <\/p>\n\n The Satispay network has reached 6.5 million users and over 450,000 affiliated businesses, with total deposits rising to \u20ac670 million by May 2026. Satispay Welfare: by the end of May 2026, annualised volumes had increased by 250% year-on-year, reaching \u20ac420 million. The target is to exceed \u20ac700 million in annualised volumes by the end of the year. The number of companies already offering Satispay\u2019s welfare products has risen to 43,000, and the number of workers using the welfare services has risen to 400,000. Investments: Satispay\u2019s interest-bearing savings account and investment funds have more than 500,000 investors and over \u20ac140 million in assets under management, with nearly 70% of users having set up a regular savings plan (PAC). Furthermore, Satispay has decided to waive its fees on the interest-bearing savings account: a move that confirms its commitment to making investment accessible to all and which comes on top of the milestone of over \u20ac1 million in returns already paid back to users since the product\u2019s launch. Pay in 3 (BNPL): to date, the service has been used by over 35,000 people, generating over \u20ac6 million in transactions, with an annualised projection of \u20ac60 million. <\/p>\n","protected":false},"excerpt":{"rendered":" The fintech scale-up intends to develop and further expand the financial services available on its platform <\/p>\n","protected":false},"author":125,"featured_media":175768,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"_substack_draft_id":"","_substack_draft_url":"","_substack_last_pushed":"","_substack_premium":"","footnotes":""},"categories":[1317],"tags":[1318,1430,1323],"companies":[2475],"journalist":[1518],"class_list":["post-175769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-news","tag-fintech-en","tag-investments-en","tag-scaleup-en","companies-satispay-en","journalist-editorial-staff-en"],"featured_sizes_urls":{"thumbnail":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2026\/06\/Samuele-Pinta_Dario-Brignone_Alberto-Dalmasso_-Co-Founders-@Satispay.jpg","width":150,"height":100,"crop":false,"srcset":false,"alt":"satispay capital increase"},"large":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2026\/06\/Samuele-Pinta_Dario-Brignone_Alberto-Dalmasso_-Co-Founders-@Satispay.jpg","width":1024,"height":682,"crop":false,"srcset":false,"alt":"satispay capital increase"},"2048x2048":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2026\/06\/Samuele-Pinta_Dario-Brignone_Alberto-Dalmasso_-Co-Founders-@Satispay.jpg","width":1280,"height":852,"crop":false,"srcset":false,"alt":"satispay capital increase"}},"acf":[],"yoast_head":"\n