Pagantis Announces $75 Million Funding Round

The company strengthens its financial position to internationalize the service offering The Spanish-based fintech recently received regulatory approval to operate inItalyand opened a branch inMilan. It will continue to expand its European presence and add credit cards to its platform. Paga+Tarde, thePagantispoint of sale consumer finance platform for ecommerce, allows consumers to pay for goods and services in monthly installments with a fully automated, paperless process and...

MADRID, 27/03/2019 (informazione.it - comunicati stampa - internet)

The Spanish-based fintech recently received regulatory approval to operate in Italy and opened a branch in Milan . It will continue to expand its European presence and add credit cards to its platform.

Paga+Tarde, the point of sale consumer finance platform for ecommerce, allows consumers to pay for goods and services in monthly installments with a fully automated, paperless process and provides e-commerce merchants with a simple onboarding process to offer consumer credit in conjunction with purchases.

Rolf Cederström, CEO and Founder "

 is an established fintech, founded in 2011, and focused on providing automated, friction-free consumer finance for e-commerce transactions in Europe .

The company has originated over €500 million in online consumer loans on its proprietary platform, which has been developed leveraging the company's expertise in data science, technology, regulatory compliance, and finance.

The group operates a regulated entity, Pagantis SA EP (Bank of Spain Code 6857), a payment institute supervised by the Bank of Spain .

www.pagantis.com

Logo: https://mma.prnewswire.com/media/842163/Pagantis_Logo.jpg