Paypercut, a fintech payments platform based in Sofia, Bulgaria, has announced a successful EUR 5 million seed funding round co-led by Concentric, Passion Capital, and Araya Ventures. This latest investment brings the company’s total funding to EUR 7 million, aimed at accelerating its market expansion across Central and Eastern Europe (CEE), advancing product development, and securing an Electronic Money Institution (EMI) license from the Central Bank of Ireland.
Since its EUR 2 million pre-seed round in July 2025, Paypercut has evolved from a Buy Now Pay Later aggregator to a comprehensive payments platform, serving over 200 merchants in eight CEE markets. The new funds will help the company deepen its presence in existing markets, expand into new ones, and enhance its product offerings.
Paypercut simplifies payment processing for online merchants by providing a single integration for card payments, local payment methods, and Buy Now Pay Later options. The platform also offers features like payment links, QR codes, and a comprehensive dashboard for managing billing, payouts, and settlements across multiple currencies. A new feature, Express Checkout, is set to launch, enabling one-tap payments via Apple Pay and Google Pay, which aims to reduce mobile checkout abandonment rates.
The company is also developing stablecoin payment rails to reduce cross-border transaction costs and times in the CEE region. Paypercut’s long-term vision is to become the default financial infrastructure for businesses in CEE, with plans to expand into treasury, FX, payouts, and embedded financial services.
