Paypercut Raises €5 Million To Expand Cross-Border Payments Across Central And Eastern Europe

The round was co-led by Concentric, Passion Capital, and Araya Ventures, with participation from SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka.

Founded to simplify fragmented payment systems in the CEE region, Paypercut provides merchants with a unified payments stack through a single integration.

The platform enables businesses to accept card payments and local payment methods, offer Buy Now Pay Later options, generate payment links and QR codes and manage billing, payouts, and multi-currency settlements through one dashboard.

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Since its pre-seed round in 2025, the company has expanded from a BNPL aggregation service into a full payments platform serving over 200 merchants across eight CEE markets.

As part of its product expansion, Paypercut is launching Express Checkout, a one-tap payment feature using Apple Pay and Google Pay directly at checkout, aimed at improving mobile conversion rates and reducing payment friction.

The new funding will support Paypercut’s expansion across CEE, accelerate product and infrastructure development, and help the company pursue an Electronic Money Institution (EMI) licence in Ireland.

Commenting on the funding, Stoil Vasilev, co-founder and CEO of Paypercut, said: CEE has always been treated as an afterthought by the payments industry, seen as too fragmented, too many local specifics, too complicated. We built Paypercut to fix that. This round gives us the resources to go further and faster: more markets, more payment options for merchants, and the infrastructure to move money across the way it should have always worked, instantly and at a fraction of the cost.

About Paypercut

Paypercut a European payments infrastructure company that simplifies online transactions for merchants across Europe. Founded to remove complexity from fragmented payment systems it offers a single integration for cards digital wallets and Buy Now, Pay Later options enabling businesses to manage all payment methods through one streamlined checkout experience.