Paypercut

Private

Sofia, Bulgaria-based Central and Eastern European payments infrastructure for online merchants. 200+ merchants across 8 CEE markets. Irish EMI license in progress. Founded 2024 by ex-SumUp leaders.

Founders Stoil Vasilev, Emil Savov

CEO Stoil Vasilev

Company

Founded

2024

Headquarters

Sofia, Bulgaria

Financials

Total Funding

$7M

Sectors

Fintech Payments

paypercut.co

Funding History

2 rounds

Seed Jun 3, 2026

$5M

Concentric (Lead) Passion Capital Araya Ventures SMOK Ventures Portfolio Ventures BrightCap Ventures BlackWood SABAH.fund MFG Invest Main Set

Pre Seed Oct 1, 2024

$2M

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.