PastPay is a Hungary-based startup founded in 2019, specializing in the E-commerce and Financial Services industries. The company's slogan, "Get your payments instantly while allowing your B2B customers to pay with flexible terms," encapsulates its core offering. PastPay aims to empower e-commerce merchants to boost their revenues through BNPL (Buy Now, Pay Later) services, providing the flexibility for B2B clients to pay on their own terms.
The latest milestone for PastPay is securing a significant €3.00M Debt Financing investment on 01 June 2023, with Advance Global Capital participating as investors. This injection of capital is poised to fuel the company's growth and solidify its position in the market.
With its innovative approach to streamlining payments and fostering mutually beneficial relationships between merchants and B2B customers, PastPay demonstrates potential for substantial impact in the evolving landscape of e-commerce and financial technology.