For years, merchants expanding across Central and Eastern Europe have faced a payments landscape defined by fragmentation. Different countries often require different payment methods, settlement processes, currencies, and regulatory approaches, forcing businesses to manage multiple providers and integrations as they grow. While Western Europe has benefited from increasingly unified payment infrastructure, many companies operating across the CEE region still face unnecessary complexity when accepting payments and moving money across borders. European fintech startup Paypercut is aiming to change that by building a single platform designed specifically for the region’s unique needs.
The company has announced a €5 million seed funding round to accelerate its growth and expand its payments infrastructure across Central and Eastern Europe.
The round was co led by Concentric, Passion Capital, and Araya Ventures.
Additional participation came from SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka.
The latest financing brings Paypercut’s total funding to €7 million.
Simplifying Payments Across a Fragmented Region
Founded to address the challenges of operating across multiple CEE markets, Paypercut provides merchants with access to a complete payments stack through a single integration.
The platform enables businesses to accept card payments and local payment methods while also supporting Buy Now Pay Later services, payment links, QR code payments, billing, settlements, and payouts.
Instead of managing multiple providers across different countries, merchants can access these capabilities through one unified dashboard.
The company’s infrastructure is designed specifically around the realities of commerce in Central and Eastern Europe, including local payment preferences, digital onboarding requirements, and multi currency settlement needs.
Rapid Expansion Since Launch
Since securing its pre seed funding in 2025, Paypercut has evolved significantly.
What initially began as a Buy Now Pay Later aggregation platform has expanded into a broader payments infrastructure business serving merchants across the region.
Today, the company works with more than 200 merchants operating across eight CEE markets.
This growth reflects increasing demand from businesses seeking simpler ways to expand across borders while maintaining consistent payment experiences for customers.
Launching Express Checkout
As part of its latest product expansion, Paypercut is introducing a new feature called Express Checkout.
The solution enables customers to complete purchases using Apple Pay and Google Pay directly from product pages with a single tap.
Mobile commerce continues to grow rapidly across Europe, and reducing checkout friction has become a key priority for online retailers.
The company believes Express Checkout can help merchants improve conversion rates and reduce cart abandonment by streamlining the payment process.
Building Infrastructure for Regional Commerce
According to co founder and CEO Stoil Vasilev, the CEE region has historically been overlooked by the global payments industry due to its complexity and fragmentation.
Paypercut was created to address these challenges by providing infrastructure that allows money to move more efficiently across regional markets.
The company aims to simplify payment operations while reducing costs and enabling merchants to scale more effectively throughout the region.
Accelerating Growth Across Europe
The newly raised capital will be used to expand Paypercut’s presence across Central and Eastern Europe while strengthening operations in existing markets.
The company also plans to accelerate development of new products and payment infrastructure capabilities.
A portion of the funding will support Paypercut’s application for an Electronic Money Institution licence in Ireland, an important step that could enhance its regulatory capabilities and support future expansion.
As digital commerce continues to grow across Europe, Paypercut is positioning itself as a key infrastructure provider helping merchants navigate one of the continent’s most diverse and rapidly evolving payments markets. By combining local expertise with a unified platform, the company aims to make cross border commerce across Central and Eastern Europe significantly simpler and more efficient.