Poste Italiane news and trends

Scalapay CEO Says BNPL Super App Strategy Disintermediates the Merchant
BNPL // May 26, 2022

Competition in the buy now, pay later (BNPL) space has intensified over the last few years as established players compete with new entrants vying for a piece of the growing pie. And in Europe, where customers are quite conservative when it comes to credit, focusing...

Italy’s BNPL Unicorn Scalapay Secures $27M From Poste Italiane
Investments // May 03, 2022

Buy now, pay later (BNPL) startup Scalapay has secured $27 million in a Series B extension from Italy’s postal service Poste Italiane. The fresh capital is an extension of Scalapay’s $497 million Series B in February and will go towards scaling and developing the startup’s...

Gaming Company IGT Sells Payment Business for $785M
Acquisitions // February 28, 2022

Gaming company International Game Technology (IGT) will sell its Italian proximity payment business to PostePay — the payments arm of Italian postal service Poste Italiane — in a deal worth $785 million (700 million euros). IGT announced the agreement in a news release Monday (Feb....

EMEA Daily: London-Based Zilch Blasted for Promoting BNPL to Buy Pizza; EU Antitrust Chief Says...
International // January 20, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Zilch faces heat for encouraging U.K. consumers to use buy now, pay later (BNPL) to buy pizzas, and the European Union’s competition commissioner wants the metaverse to face more scrutiny. Plus, Ibercaja Banco is on...

Interviews & Exclusives
Scalapay CEO Says BNPL Super App Strategy Disintermediates the Merchant

May 26, 2022
Competition in the buy now, pay later (BNPL) space has intensified over the last few years as established players compete with new entrants vying for a piece of the growing pie. And in Europe, where customers are quite conservative when it comes to credit, focusing on smaller basket sizes can be the differentiating factor behind […]

Quick Reads
Italy’s BNPL Unicorn Scalapay Secures $27M From Poste Italiane

May 03, 2022
Buy now, pay later (BNPL) startup Scalapay has secured $27 million in a Series B extension from Italy’s postal service Poste Italiane. The fresh capital is an extension of Scalapay’s $497 million Series B in February and will go towards scaling and developing the startup’s workforce, executive team and company board, according to a press […]

Gaming Company IGT Sells Payment Business for $785M

February 28, 2022
Gaming company International Game Technology (IGT) will sell its Italian proximity payment business to PostePay — the payments arm of Italian postal service Poste Italiane — in a deal worth...

Italy’s Post Office Eyes Payments, Card Processor Acquisition

January 20, 2022
Poste Italiane, the Italian postal service, is considering expanding its payments operations with the purchase of a card processing and electronic payments group, according to an unnamed source in the...