Milan, 11 June 2026
- Approximately 50% of the increase is already guaranteed by subscription commitments from current investors, including Greyhound, Addition and Lightrock.
- The capital will support the transformation of the Satispay app into a comprehensive financial platform, funding the go-to-market strategy for new services, including the purchase of stocks and ETFs directly in the app and supplementary pensions.
- The transaction comes during a period of strong expansion: the Company has reached 6.5 million users, more than 450,000 affiliated stores and annual recurring revenue (ARR) exceeding €116 million as of 31 May, with 80% YoY growth over the last two quarters.
Milan, 11 June 2026 – Momentum S.p.A. (the "Company") — the holding company of the Satispay Group — announces that today it convened the ordinary and extraordinary Shareholders' Meeting for 29 June. The agenda includes a resolution on a capital increase, to be offered to shareholders through subscription rights, for a maximum amount of €120 million, to support the acceleration of the fintech's growth strategy and the go-to-market strategy for new financial services. The transaction takes place in a context of strong expansion for the Company, whose annual recurring revenue (ARR) exceeded €116 million as of 31 May, confirming a robust growth trend (+80% YoY over the last two quarters). This result is driven by the release of new services, the steady growth of the user base, which has passed the 6.5 million threshold, and the achievement of gross operating profitability across all *core* business lines (from Payments to Welfare and value-added services such as Mobile Top-ups and Gift Cards), excluding sales expenses. Approximately 50% of the capital increase supports the business plan for organic growth and is guaranteed by subscription commitments from current investors, including Greyhound, Addition and Lightrock, confirming the company's valuation of more than €1 billion. The transaction, open to investments up to a maximum of €120 million, also gives the Company the option to pursue any additional opportunities for external growth (M&A). The new resources are additional to the liquidity already available, consolidating a strong capital position that supports technological development. The shareholders' decision strengthens confidence in the founders — who continue to retain a controlling position in the Company's governance — and confirms the strength of its strategic journey and the management team's execution capabilities.
This transaction accelerates the transformation of the Satispay app into a comprehensive financial platform. The journey began in 2015 with the creation of a proprietary, independent payment network, on which the Group has built value-added services over time. From 2023, the offering expanded into corporate welfare, which quickly became a key driver of the company's development, and tools such as the Invested Money Box and Investments section, which open capital markets to all users. Supplementary pensions and the purchase of stocks and ETFs will soon be added. The mission remains unchanged: to integrate everything people need to manage and plan their financial future into a single app, breaking down technical and operational barriers.
Alberto Dalmasso, co-founder and CEO of Satispay, comments: "Italy has one of the largest pools of private financial wealth in the world. Wealth that too often does not generate returns, does not grow and does not build the future. We believe investing should be within everyone's reach, as naturally as managing money in everyday life is today. This is the vision guiding every evolution of Satispay. After payments and welfare, we have just launched our pension education service for companies — the first step in a journey that will soon also involve our consumer users: we want to simplify access to pension funds by the autumn and open up the possibility of purchasing stocks and ETFs directly in the app. On our journey to make Satispay the best-loved platform for making financial services truly accessible to everyone, having shareholders by our side who share and believe in our medium- and long-term strategy is a true privilege. And I thank them for that".
Ines Verschueren, partner at Greyhound Capital, comments: "We have supported Satispay since 2018, and our conviction has only strengthened over time as the company has evolved from an elegant way to manage money into a genuine three-sided network — consumers, merchants and companies — in which each element increases the value of the others. Italy is the world's eighth-largest economy and remains surprisingly under-digitized: that is precisely why a national champion can achieve global-scale results here. Having watched Alberto and his team execute the strategy year after year, we have never been more confident in their ability to build the financial ecosystem that reflects the way Italians spend, save and invest".
In addition to the services launched recently, the 2026 release plan includes further developments:
- Purchase of stocks and ETFs: users will soon also be able to invest in stocks and ETFs in just a few taps, removing the complexity that still discourages many people from taking their first steps into investing.
- Pension Education: the new service, just introduced for the more than 43,000 client companies in the Welfare segment, helps employees understand their pension position through webinars and individual meetings with experts, without burdening HR departments.
- Supplementary Pensions: in the coming months, consumer customers will be able to take out pension funds directly in the app, with the simplicity that distinguishes all Satispay services.
Satispay's network reaches 6.5 million users and more than 450,000 affiliated stores, with total deposits reaching €670 million in May 2026.
- Satispay Welfare: at the end of May 2026, annualized volumes recorded an increase of 250% YoY, reaching €420 million. The goal is to exceed €700 million in annualized volumes by year-end. The number of companies already offering Satispay Welfare products has risen to 43,000, and the number of workers using Welfare services has risen to 400,000.
- Investments: the Invested Money Box and Satispay Investment Funds have more than 500,000 investors and over €140 million in invested assets, with almost 70% of users having activated a recurring investment plan. In addition, Satispay has decided to eliminate its fees on the Invested Money Box: a choice that confirms its commitment to making investing accessible to everyone and adds to the milestone of more than €1 million in returns already paid back to users since the tool was launched.
- Buy Now Pay Later: to date, the service has been used by more than 35,000 people, generating more than €6 million in transactions, with an annualized projection of €60 million.
Satispay
Founded in 2015, Satispay is the super-app and proprietary payment network that makes managing money and financial services simple and accessible. With a constantly growing community of 6 million people, the platform allows users to pay via smartphone (at in-store and online merchants), transfer money free of charge and access numerous value-added services: the Cashback Points loyalty program, Buy Now Pay Later to split everyday expenses into 3 interest-free instalments, mobile top-ups, payment of slips, car and motorcycle road tax, PagoPA, gift cards, Donations and savings. After consolidating its experience in the B2C market, Satispay extended its model to the B2B market. In September 2023, it entered corporate welfare with the innovative Satispay Meal Vouchers and Fringe Benefits, followed by the Satispay FlexBen platform, which simplifies the management of reimbursements and pension funds. In just over two years, Satispay has positioned itself among the leading operators in the sector, with more than 40,000 client companies whose employees it offers a new generation of welfare tools that are simple and quick to use, as well as one of the broadest spending networks in Italy (more than 400,000 affiliated in-store and online merchants). Finally, Satispay expanded its offering with the Investments section and the Invested Money Box, making investing accessible even to those approaching capital markets for the first time.
Satispay
Tiziana De Icco - PR Lead Satispay
E-mail: tiziana.deicco@satispay.com T. +39 348 350 6005
Angèlia Comunicazione
Simona Vecchies
E-mail: satispay@angelia.it T. +39 335 1245190