Paypercut Raises EUR 5M Seed Round for Expansion in CEE Payments Market
Bulgarian fintech Paypercut has raised EUR 5 million in seed funding, co-led by Concentric, Passion Capital, and Araya Ventures. The total funding now stands at EUR 7 million, which will be used to expand across Central and Eastern Europe (CEE), develop new products, and apply for an Electronic Money Institution license with the Central Bank of Ireland.
