Paypercut has secured €2 million in pre-seed funding to simplify Buy Now, Pay Later (BNPL) adoption for small businesses across Central and Eastern Europe.
The funding round — one of the largest of its kind for a payments-focused startup in the region — was led by Concentric. Additional investors include Passion Capital, RTP Global, Tuesday Capital, Robin Capital, Angel Invest Ventures, and several notable angel investors.
In Central and Eastern Europe, small and medium-sized enterprises often struggle with fragmented BNPL solutions that are difficult to integrate and slow to activate — especially when dealing with multiple currencies.
Paypercut addresses this issue with a unified integration that links merchants to a variety of BNPL providers simultaneously. Customers can select their preferred option at checkout, or transactions are automatically routed to the provider offering the fastest service or most competitive cost. Settlements are made directly into the merchant’s local bank account in native currency. The onboarding process is completed entirely online and requires only a few days.
The current regional landscape forces merchants to manage BNPL providers individually — resulting in operational inefficiencies, potential revenue loss, and lack of redundancy when a transaction is declined.
“Closing the sale is critical; a single BNPL decline can kill the basket,” said Stoil Vasilev, CEO of Paypercut. “By combining providers with different risk appetites, we give shoppers choice and merchants a safety net.”
Paypercut is building the infrastructure to unlock seamless pay-later options for businesses navigating the complexities of Central and Eastern European markets.