Satispay Eyes M&A as It Gears Up for IPO
Hey Payments Fanatic!
Satispay is mapping out its next move. The Italian payment network, valued at over €1.2 billion, is preparing internally for an IPO while actively seeking acquisitions in the €10 million to €50 million range. Profitability remains the key milestone, with the company expecting to break even by the end of 2026.
“We think we’ll be ready for an IPO in three to five years after we achieve profitability,” CEO Alberto Dalmasso said in an interview.
With 4.5 million users and 300k merchants, Satispay is positioning itself as an alternative to Visa and Paypal. The startup unicorn is not rushing to go public but is keeping its options open, including a potential Nasdaq listing.
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