Satispay: capital increase of up to €120 million

Since 2023, the range of services has expanded to include corporate welfare schemes, which have quickly become one of the main drivers of growth, as well as savings and investment products such as the Interest-Bearing Savings Account and the Investments section – tools designed to broaden access to financial markets.

Over the coming months, the ecosystem will be further expanded with the introduction of supplementary pension schemes and the option to buy shares and ETFs directly via the app. The stated aim remains to bring together on a single platform all the tools needed to manage and plan users’ financial future, reducing the technical and operational barriers that still limit access to financial services.

“Italia has one of the largest pools of private wealth in the world. Wealth that all too often fails to generate returns, grow, or 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,” says Alberto Dalmasso, co-founder and CEO of the company, adding: “Following on from 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 as well. We aim to simplify access to pension funds by autumn and introduce the option to buy shares and ETFs directly within the app. In our journey to make Satispay the most popular and accessible platform for financial services, being able to count on shareholders who share a medium- to long-term vision is of great value.”

Key developments planned for the 2026 release include the purchase of shares and ETFs, which will allow users to invest in listed instruments in just a few digital steps, reducing the complexity perceived by first-time investors; pension education, a service recently introduced for the more than 43,000 corporate clients in the Welfare sector, which enables employees to better understand their pension situation through webinars and one-to-one meetings with experts, without any organisational impact on HR departments; supplementary pensions, which will allow retail customers to subscribe to pension funds directly via the app.

The Satispay network now has 6.5 million users and over 450,000 affiliated merchants. By May 2026, total deposits on the platform had reached €670 million. Growth in the welfare sector was particularly significant: by the end of May 2026, annualised volumes had increased by 250% year-on-year, reaching €420 million. The stated goal is to exceed €700 million in annualised volumes by the end of the year. The number of companies using the fintech’s welfare solutions has risen to 43,000, whilst the number of workers benefiting from the services has reached 400,000.

In the investment segment, the Interest-Bearing Savings Account and the investment funds distributed via the platform now have over 500,000 investors and more than €140 million in assets under management. Almost 70% of users have set up a capital accumulation plan (PAC). At the same time, the company has decided to waive its fees on the Interest-Bearing Piggy Bank, reinforcing its strategy of democratising investment. Since the service was launched, over €1 million in returns has already been paid back to users.

The expansion of the ‘Pay in 3’ service in the Buy Now Pay Later (BNPL) sector is also continuing. To date, the solution has been used by over 35,000 people, generating more than €6 million in transactions and an annualised projection of €60 million. With this capital raise and the strengthening of its financial services offering, Satispay aims to consolidate its position as an integrated platform for payments, welfare, savings and investments, building on a steadily growing user base and a valuation that remains above €1 billion.

Despite the arrival over the years of some of the leading international venture capital and growth equity investors, Satispay’s governance remains firmly in the hands of its founders. Alberto Dalmasso and Dario Brignone each hold 8.76% of the capital of the holding company Momentum, whilst Samuele Pinta holds 1.28%. Thanks to a weighted voting structure, strongly supported by the shareholders themselves during the various capital raises, the co-founders have five voting rights per share, thereby maintaining a position of strategic control and significant influence over corporate decisions. Even following the capital increase, the founders will continue to wield significant influence.

Alongside the founders are some of the leading institutional investors who have supported the fintech’s growth in recent years. The largest shareholder is Addition, through various investment vehicles, holding 26.34% of the share capital. Next come Greyhound with 8.86% and Lightrock Growth with 7.93%. Other significant shareholders include Tencent, with 4.67%, and Block, the group founded by Jack Dorsey, with 4.16%. Mediolanum Gestione Fondi Sgr is also present, through two separate funds, with a combined stake of 1.97%.

The combination of a leading international shareholder base and a governance structure that preserves the founders’ role is one of the defining features of the Satispay model, enabling the management to pursue long-term development strategies even in the presence of major financial investors.