Qomodo funding news – Milan-based Qomodo Secures €13.5 Million in Series A Round Funding

The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital, and other investors including the founders of FACEIT, Fiscozen, and Freetrade (through Lumen Ventures).

This brings the total funds raised by Qomodo to €48 million within just 12 months, including earlier funding from family offices like Elkann-Agnelli, Berlusconi, and Moratti.

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Gaetano de Maio, Co-Founder and COO of Qomodo, added: “In just over 12 months, we have raised over 48 million euros, a true record, driven by the strong market demand for innovation—namely, digital payments and BNPL. […] The new funding will allow Qomodo to continue bridging the gap between online and physical retail with an all-in-one smart payment system that empowers physical merchants to offer their customers the same convenience and flexibility as e-commerce giants.”

Louis Dussart, VP, Europe, RTP Global, commented: “Italy has been waiting for a B2B fintech champion and that’s why we are delighted to back Qomodo. There’s a huge opportunity, given Italy’s significant domestic market and standing as the ‘nation of SMBs’, to revolutionise and enhance in-store shopping experiences – for both retailers and consumers. Gianluca and Gaetano have the vision and the prior experience of scaling start-ups in the region to achieve this potential. We look forward to partnering with them at every stage of their journey.”

Leonardo Maria Del Vecchio, Chairman of LMDV Capital concludes: “We are thrilled to announce this investment a step that represents not only a significant strategic move but also a tribute to the talent and excellence of Italian craftsmanship. We have closely followed Gianluca and Gaetano’s journey from the very beginning, admiring their ability to turn an idea into a tangible project, validate the product in record time, and scale the business with determination and vision.”

About Qomodo

Founded in 2023 by entrepreneurs Gianluca Cocco and Gaetano de Maio, Qomodo is a fintech company. innovative with a seat in Milan and a team of 50 people. Qomodo offers all-in-one and free payment solutions
Continuity solution, designed to simplify and improve the management of transactions for gli. It is focused on consumers, supporting payments in the business remotely.