Scalapay

Scalapay is an innovative payment method which allows customers to defer payments through interest-free installments. The Buy-Now-Pay-Later service is available across more than 8,000 brands, both online and in-store, and is trusted by a community of over 8 million customers. The cost of the service is entirely free for the customer and is funded through a commission charged to retailers, who receive immediate payment for their products. Scalapay's service has driven a 48% increase in average order value, improved cart conversion, and reduced abandonment rates. Within a three-month period, 65% of users return to the store or e-commerce site where they previously used Scalapay. Founded in 2019 by Simone Mancini and Johnny Mitrevski, Scalapay is a financial technology company specializing in Buy Now, Pay Later (BNPL) services, aimed at transforming how consumers shop both online and in-store. While headquartered in Milan, Italy, the company has rapidly expanded across Europe, providing a flexible payment solution that allows customers to split their purchases into three interest-free instalments.