Satispay
- Company typePrivate
- Founded2015
- HeadquartersMilan, Italy
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingSoftware
Satispay firmographics
Firmographics- Name
- Satispay
- Legal name
- Satispay Europe S.A.
- Website
- https://satispay.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Satispay industry classification
Industry- Product category
- Mobile Payments
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB), Marketplace & Platform Seller Payouts (FSAMAKAE), Accounts Payable Automation & Invoice Payments for Travel Suppliers (THACAJAI)
Keywords
Where Satispay is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Satispay business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Others
Revenue model
- Merchant payment commissions: Satispay charges merchants low commissions for accepting Satispay payments in-store and online. Consumer-side payments in physical stores are always free of charge for the payer; merchants pay a transaction-based commission ("commissioni davvero basse che ti fanno risparmiare"). Revenue scales with merchant GMV processed.
- Buoni Pasto (meal voucher) and Welfare commissions: Corporate welfare business via SatisWelfare S.p.A. — sells Buoni Pasto (meal vouchers) and Buoni Acquisto to companies, distributed to employees and spent at the 450,000-strong affiliated merchant network. Subject to the 5% commission cap introduced by Italian law effective September 2025.
- Satispay Business Premium subscription: Annual subscription plans (Pro and Advanced, from €199.10/year) for merchants, bundling catastrophe insurance via REVO, priority app visibility, Punti Satispay loyalty multipliers (up to x30), and dedicated support.
- Investment fund management fees: Three Invesco-managed UCITS funds (Satispay Obbligazionario, Bilanciato, Azionario Globale) plus an Amundi-managed money market fund (Salvadanaio Remunerato) with 0.18% total annual management fee, already deducted from displayed yield. Satispay Invest S.A. acts as Italian tax substitute.
- P2P money transfer revenue (currently free to consumer): Sending and receiving money between Satispay users is currently free ("zero commissioni"), but the functionality drives engagement and increases in-network payment activity, indirectly supporting merchant fee and welfare revenue.
- Embedded insurance distribution revenue: Distribution agreement with REVO Insurance to embed catastrophe insurance into Business Premium plans; Satispay captures value via customer acquisition, premium app placement, and loyalty incentives (early results: up to 8% increase in average receipt value across 1,000 pre-launch merchants).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Consumer payments in stores — free for payer |
| Freemium | Pay-as-you-go | Welcome bonus — €5 with code WEB |
| Subscription | Annual | Satispay Business Premium — from €199.10/year |
| Other | Annual | Investment funds — 0.18% annual management fee |
| Transaction based/ take rate | Pay-as-you-go | Buoni Pasto merchant commissions — capped at 5% |
Go-to-market motion1 record
Marketing channels6 records
Satispay product offering
Product offeringCore offering
Satispay operates an independent mobile payment network built on AWS microservices that connects 6+ million Italian consumers with 450,000+ affiliated merchants via a bank-account-based super-app. The platform bundles free peer-to-peer transfers, SEPA IBAN functionality, savings (Salvadanaio), investments, Buy Now Pay Later (Paga in 3), corporate welfare (Buoni Pasto and Buoni Acquisto), and loyalty (Punti). Revenue is generated from merchant transaction commissions, Business Premium subscriptions, Buoni Pasto commissions, and embedded fund-management fees.
Product overview
Satispay operates a single consumer super-app (the Satispay App) as its core product, on top of which it offers an expanding portfolio of integrated modules: peer-to-peer payments, in-store and online payments, Satispay Business (merchant acceptance), Satispay Business Premium (merchant subscription including REVO catastrophe insurance), Satispay Pay in 3 (BNPL), personal IBAN, Satispay Collette (group money pools), the Punti loyalty programme, Salvadanaio Remunerato (Amundi money-market savings), and Satispay Investimenti (Invesco-managed bond/balanced/global-equity funds via Satispay Invest S.A.). Around the app it runs two regulated sub-brands: SatisWelfare S.p.A. for corporate welfare (Buoni Pasto and Buoni Acquisto) and Satispay Europe S.A. for payments; on the acquisitions side it has folded in AdvisorEat (restaurant recommendations, 2021) and Onyon (contactless restaurant menus/ordering, majority stake 2023). Satispay also offers an in-app mobility integration (MooneyGo telepedaggio) and a merchant-integration ecosystem (Zucchetti cash registers, Agenzia delle Entrate/SDI compliance).
Differentiator
Problem solved
Functional benefit
Brands
- Satispay Pay in 3: Buy Now Pay Later (BNPL) installment payment service launched in November 2025 for physical stores in Italy; allows three interest-free installments for purchases over EUR 30 through the Satispay app (TAEG 0%).
- Satispay Business Premium
- SatisWelfare
- Satispay Invest
Products and services
- Satispay App Mobile payment app used by over 6 million users and 450,000 affiliated merchants in Italy; provides an independent payment network based on the user's IBAN rather than credit/debit cards. Consumer-facing super-app entry point offering P2P transfers, in-store payments, online payments, savings, investments, BNPL, welfare access, and loyalty.
- Satispay Business Merchant-facing payment acceptance service for more than 450,000 Italian businesses including physical stores, e-commerce, and large retail networks. Provides low-commission payment acceptance and integrates with cash registers and the Italian Revenue Agency.
- Satispay Business Premium Annual subscription tier for merchants with Pro and Advanced plans from €199.10/year, bundling catastrophe-risk insurance via REVO Insurance (automatic €5,000 payouts on earthquakes, floods, landslides, inundations), priority in-app visibility, sponsored banners, up to x30 loyalty point multipliers, and dedicated support. Coverage limited to single-site merchants with annual revenue under €5M.
- Satispay Pay in 3 (Paga in 3) Buy Now Pay Later service that splits purchases above €30 into three interest-free monthly installments (TAEG 0%) directly through the Satispay app, available in over 450,000 physical and online stores. Backed by an ABS securitization structure arranged with Banca Finint.
- Satispay IBAN Personal SEPA IBAN tied to the user's Satispay account that enables free SEPA credit transfers in/out of the app, recurring transfers, salary receipt, and PSD2-compliant payments including Verification of Payee (VoP). Available to all adult users; SWIFT/extra-SEPA transfers not supported.
- Buoni Pasto Satispay Digital meal voucher (buono pasto) product provided by SatisWelfare S.p.A., accepted at 450,000+ affiliated merchants and integrated with Italian Revenue Agency flows via SDI for automated fiscal compliance and Telematic Register linkage. Subject to the 5% commission cap effective 1 September 2025.
- Buoni Acquisto Satispay Digital purchase voucher usable by employees within Satispay's welfare network of over 450,000 affiliated structures; fast to manage without bureaucratic complexity.
- Satispay Welfare (SatisWelfare) Corporate welfare platform provided by SatisWelfare S.p.A. (Italian company, registered office in Milan), covering meal vouchers, purchase vouchers, fringe benefits, and flexible benefits for companies of all sizes, integrated with the Satispay app for employees.
- Salvadanaio Remunerato (Salvadanaio Satispay) Goal-based savings feature ("money box") within the app that invests user funds into an Amundi money-market fund with risk-profile 1/7. Offers daily yield crediting, no lock-up, and Satispay Invest S.A. acts as Italian tax substitute; total annual management fee 0.18%.
- Satispay Investimenti (Fondi) Digital investment platform provided by Satispay Invest S.A. (Luxembourg-registered investment firm, supervised by the CSSF) offering three mutual funds managed with Invesco: Satispay Obbligazionario (bonds), Satispay Bilanciato (mixed), and Satispay Azionario Globale (global equities). Supports one-off and recurring investments starting from €1 with no minimum holding period.
- Telepedaggio MooneyGo (in Satispay) Mobility integration that surfaces MooneyGo's electronic toll (telepedaggio) service inside the Satispay app under 'Servizi'. Covers motorway tolls, partner parking, Milan Area C, and Strait of Messina ferries; launched with at least 6 months of free subscription.
Companies that use Satispay
Customer profileNamed customers18 records
Segments3 records
Ideal customer profiles3 records
Satispay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature6 records
Satispay partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship commercial partner, flagship technology partner, supporting partner, supporting integration and flagship asset management partner.
- MooneyGoflagship commercial partnerStrategic partnership announced at Netcomm Forum 2026 that brings MooneyGo's telepedaggio (toll payment) service directly into the Satispay app — covering motorway tolls, Area C in Milan, parking, and the Strait of Messina ferry. Launch promotion: minimum 6 months free subscription. Edoardo Volta (Satispay Strategic Partnerships Director) cited as spokesperson.
- Anthropicflagship technology partnerAnthropic opened its sixth European office in Milan in May 2026 and listed Satispay as an early Italian enterprise partner. Satispay reportedly used Anthropic's Claude to compress an 18-month engineering roadmap into seven months. Anthropic's Milan team is led by Head of Southern Europe Thomas Remy.
- REVO Insuranceflagship commercial partnerREVO is the first Italian operator specialized in special risks and parametric insurance. Satispay, as policyholder, subscribed a collective parametric catastrophe insurance policy for its merchants, automatically included in the Pro and Advanced annual Business Premium plans. Provides automatic €5,000 compensation on predefined events (earthquake, flood, landslide, inundation) without waiting for loss adjustment. Initial results showed up to 8% increase in average receipt value across 1,000 pre-launch merchants.
- myPOSsupporting partnermyPOS partnership announced in March 2025 to offer merchants an innovative payment solution integrating Satispay acceptance with myPOS hardware POS terminals.
- Zucchettisupporting integrationNative integration between Satispay Business and Zucchetti cash management / registratore telematico systems, enabling merchants to record Satispay transactions directly as electronic payments and stream them to the Italian tax authority (AdE) via SDI without manual reconciliation.
- Amundi Asset Managementflagship asset management partnerAmundi manages the money market fund underlying the Satispay "Salvadanaio Remunerato" product. The fund invests in short-duration government securities, investment-grade corporate bonds, and bank deposits. Total annual fee 0.18%, already deducted from displayed yield. Risk profile classified as 1/7.
- Invescoflagship asset management partnerInvesco (with over $2 trillion in AUM globally) co-designed three UCITS funds distributed via the Satispay Investments section: Satispay Obbligazionario (bond), Satispay Bilanciato (balanced), and Satispay Azionario Globale (global equity).
- JAKALAsupporting partnerJAKALA is an Italian digital services partner that deployed Anthropic's Claude across more than 3,000 seats; while not a direct Satispay partner, JAKALA was co-announced with Satispay as part of Anthropic's Milan launch ecosystem of Italian enterprise AI customers.
Scale indicators14 records
Recent moves6 records
Expansion highlights7 records
Satispay competitors and assessment
Company assessmentDirect peers
- Revolut: UK-headquartered mobile-first super-app with payments, IBAN, savings, investments, BNPL, and insurance across Europe. Directly comparable to Satispay's consumer super-app strategy and target segment, though at much larger scale and broader geographic footprint.
- N26: Berlin-based mobile bank with payments, IBAN, savings, and investing across the SEPA area. Competes with Satispay for the same European mobile-first consumer wallet and merchant acceptance model, though with a bank charter rather than e-money license.
- SumUp: European mobile POS and payment acceptance provider serving SMBs. Highly comparable to Satispay Business, with overlapping merchant value proposition and pan-European footprint.
- Mollie: European payment service provider offering multi-method payment processing, IBANs, and merchant acceptance across SEPA. Closely comparable to Satispay's full-stack payment + IBAN offering for SMB merchants.
Broad incumbents
- Nexi: Italy's largest payments incumbent, providing card acquiring, POS terminals, and digital payment infrastructure for Italian merchants. Overlaps with Satispay's merchant acceptance business but serves a broader enterprise and bank-issued card ecosystem.
- Adyen: Global payments processing platform providing unified acquiring and payment acceptance for large merchants. While not a consumer super-app, Adyen is the most relevant merchant-side comparable for Satispay's independent-network thesis.
- PayPal: Global consumer and merchant payment super-app with wallet, BNPL (Pay in 4), Honey, and Venmo. A useful comparison for Satispay's super-app trajectory and brand-led consumer adoption model.
- Stripe: Global payments infrastructure company providing online acquiring, embedded finance, and IBAN services. Comparable on the merchant/developer platform side, especially relevant to Satispay's enterprise tooling and Zucchetti-style integrations.
Emerging players
- Klarna: European BNPL pioneer with an expanding super-app including payments and shopping. Most directly comparable to Satispay's Pay in 3 BNPL product and merchant integration model.
Others
- Apple Pay: Tokenized wallet built on card rails; not a direct competitor but the dominant alternative mobile payment method in Italian retail. Limits Satispay's share of incremental mobile payment volume.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Satispay social profiles
Digital presenceSatispay compliance and trust
Trust signalCompliance3 records
Satispay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Satispay leadership team
Management profileNumber of profiles
Profiles8 records
Satispay subsidiaries and ownership
Company hierarchySubsidiaries4 records
Satispay funding detail
Funding detailFunding overview
Funding rounds12 records
Investors24 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Satispay M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Satispay
What does Satispay do?
Satispay operates an independent mobile payment network built on AWS microservices that connects 6+ million Italian consumers with 450,000+ affiliated merchants via a bank-account-based super-app. The platform bundles free peer-to-peer transfers, SEPA IBAN functionality, savings (Salvadanaio), investments, Buy Now Pay Later (Paga in 3), corporate welfare (Buoni Pasto and Buoni Acquisto), and loyalty (Punti). Revenue is generated from merchant transaction commissions, Business Premium subscriptions, Buoni Pasto commissions, and embedded fund-management fees.
Is Satispay a public or private company?
Satispay is a private company. It is classified as venture growth investor backed and is currently operating.
When was Satispay founded?
Satispay was founded in 2015. It employs 501 to 1,000 people.
Where is Satispay based?
Satispay is headquartered in Milan, Italy, in the Europe region.
How does Satispay make money?
Six revenue lines are on record. Merchant payment commissions are the primary driver. The others are buoni Pasto (meal voucher) and Welfare commissions, satispay Business Premium subscription, investment fund management fees, P2P money transfer revenue (currently free to consumer) and embedded insurance distribution revenue.
Who are Satispay's main competitors?
Direct peers on record are Revolut, N26, SumUp and Mollie. Broad incumbents are Nexi, Adyen, PayPal and Stripe. Klarna is listed as an emerging player. Apple Pay is listed as an others.
Does Satispay have an API?
No public API is recorded for Satispay.
What industry is Satispay in?
Satispay's product category is Mobile Payments. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAMAFAB, A2A Payment Initiation Service Providers (PISPs). Its NAICS code is 522320 and its SIC code is 6200.