The round, one of the largest of its kind for a payments-focused company in the region, was led by Concentric, with participation from Passion Capital, RTP Global, Tuesday Capital, Robin Capital, Angel Invest Ventures, and several respected angel investors.
From left to right, back row: Gareth Walsh - COO, Stoil Vasilev - CEO, Emil Savov - CRO. Front row: Stoyan Genov - CTO, Nevin Hasanova - CPO.
Small businesses across Central and Eastern Europe still face an uphill battle when it comes to offering Buy Now, Pay Later at checkout. Most tools are fragmented, hard to integrate, and slow to onboard - especially across multiple currencies.
Paypercut fixes this with a single integration that connects merchants to several BNPL providers at once. Shoppers either choose their preferred option at checkout, or the platform automatically routes the transaction to the fastest or lowest-cost option.
Funds settle directly to the merchant’s existing bank account in local currency. Onboarding takes days, not weeks - and works 100% online on our side.
Fixing BNPL Fragmentation in CEE
Many merchants in the region are forced to manage pay-later tools one by one. That creates gaps - lost sales, manual operations, and no fallback when a transaction fails.
“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.”
Why Investors Are Backing the Model
This round signals confidence not only in Paypercut’s tech, but also in its clear understanding of regional regulation, buying habits, and merchant pain points.
“CEE’s small merchants still juggle pay-later options one provider at a time. Paypercut fixes that in one stroke - an aggregator built around local regulations and checkout habits,”
said Alex Stroud, Principal at Concentric.
“One integration, instant onboarding, multi-currency payouts - straightforward fixes to real merchant pain, with rails that can extend far beyond the region,”
added Ethan Imboden, Partner at Tuesday Capital.
A Team You Can Trust to Execute
Paypercut’s leadership team brings deep expertise in scaling fintech products across Europe. CEO Stoil Vasilev and CRO Emil Savov both played key roles in growing SumUp’s presence in the region, while Emil also previously founded a fintech startup that was acquired. COO Gareth Walsh has led risk and compliance functions at well-known financial platforms like Payhawk, bringing a strong operational foundation to the team.
What Comes Next?
With the new capital, Paypercut will focus on expanding its network of BNPL providers, localising onboarding experiences in additional languages, and growing its agency and partner ecosystem. Paypercut is already live in Bulgaria, Romania, Greece, Czech Republic, and Poland - with Turkey next on the rollout roadmap.
Conclusion
BNPL is no longer a luxury for small merchants - it’s a necessity. And in complex, fast-moving markets like CEE, having the right infrastructure matters more than ever.
Paypercut makes it easier for small businesses to offer pay-later options, without technical overhead or regulatory confusion. With this funding round closed, the company is ready to scale where others haven’t.
Visit paypercut.com to learn more.
