Satispay
Account-to-account mobile payment network from Italy
Satispay is a mobile payment app linked to the user's bank account rather than cards, used to pay in shops, restaurants and online, with cashback and loyalty features for merchants. It is one of the most widespread alternative payment methods in Italy and also operates in Luxembourg, France and Germany. The company reached unicorn status in September 2022 after a €320M Series D led by Addition.
Our reading. Best for Italian shops and restaurants as a low-fee complement to card acceptance with useful cashback campaigns; of limited relevance outside Italy and Luxembourg for now.
Strengths
- Low, simple merchant fee independent of card schemes
- Large active user base in Italy
- Built-in cashback and loyalty campaigns
Limits
- Mainly relevant in Italy; a complement to card acceptance rather than a replacement
- Fees rose in 2025 (from €0.20 flat to 1%)
Founded 2013, unicorn since 2022 with hundreds of thousands of merchants in Italy
Founded by Alberto Dalmasso, Dario Brignone and Samuele Pinta; EMI licence moved from London to Luxembourg in 2019; valued above €1B in 2022
- 11 Jun 2026 FundingItalian payments unicorn Satispay is raising up to €120M, with existing investors Greyhound, Addition and Lightrock committing close to €60M, to fund stock and ETF trading, pension products and possible acquisitions. The app counts 6.5 million users and more than 450,000 affiliated merchants, mostly small shops and restaurants in Italy.
- https://it.wikipedia.org/wiki/Satispay
- https://en.ilsole24ore.com/art/satispay-ecco-chi-paghera-nuove-commissioni-AGTksUoC