Scalapay cofounder Johnny Mitrevski with Abbl cofounders Lucy Timpano and Phil O’Shea
Other

Wollongong fintech Scalapay launches $10,000 scholarship, with brewery software startup Abbl as the first recipient

- September 6, 2023 2 MIN READ

Pioneering brewery management software start-up Abbl is recipient of unicorn status Scalapay’s inaugural $10,000 Scale Up Scholarship Quiet Australian fintech Scalapay has launched a new $10,000 scholarship program to support founders as they take their startup to the next level. The Wollongong-headquartered buy now pay later (BNPL) became a $1 billion+ valuation “unicorn” in 2021 after… Read more »

Scalapay
Funding

Wollongong fintech Scalapay bags a staggering $692 million Series B

- February 24, 2022 2 MIN READ

Australian-founded, Europe-focused buy-now-pay-later startup Scalapay has raised A$692 million in a debt and equity Series B. The round was led by Chinese tech powerhouse Tencent and US VC Willoughby Capital, with participation from existing backer Tiger Global, Gangwal, Moore Capital, Deimos, and Fasanara Capital. The fintech already hit unicorn status last year following a $210… Read more »

Simone Mancini, Johnny Mitrevski.
Funding

US VC Tiger Global just turned Scalapay, a BNPL from Wollongong, into a unicorn fintech with a $210 million series A

- September 10, 2021 2 MIN READ

Australia has a new unicorn fintech after Tiger Global led a $210 Series A round into European-focused payments fintech Scalapay. Baleen Capital and Woodson Capital also came aboard as new investors alongside existing backers Fasanara Capital and Ithaca Investments.  Scalapay was founded just two years ago by Australians Simone Mancini and Johnny Mitrevski. Its buy… Read more »