Tech Company Financing Transactions
Paypercut Funding Round
Paypercut, based in Sofia, secured $5.8 million from Araya Ventures, Concentric and Passion Capital.
Transaction Overview
Company Name
Announced On
6/3/2026
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Seed
Investors
Araya Ventures (Lead Investor)
Concentric (Lead Investor)
Passion Capital (Lead Investor)
private investors (Matt Doka)
Proceeds Purpose
The company intends to use the funds to accelerate expansion across CEE, deepen its presence in existing markets and advance the next phase of product and infrastructure development.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Sofia, Undisclosed
Bulgaria
Sofia, Undisclosed
Bulgaria
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
As a Paypercut BNPL customer, you get access to online payment services through Embed - a licensed Payment Institution regulated by the Dutch Central Bank. This gives you a simple, secure way to accept payments online, with fast payouts and none of the usual hassle. You are supported every step of the way by a real human when you need it - simplifying setup, handling edge cases, and keeping things running smoothly, so you can stay focused on growing your business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stoil Vasilev
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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