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Global: Italian Startup Qomodo Secures €13.5 Million to Revolutionize BNPL for High-Street Merchants

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Italian Startup Qomodo Secures €13.5 Million to Revolutionize BNPL for High-Street Merchants
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Qomodo, an innovative Italian startup bringing Buy Now, Pay Later (BNPL) solutions to physical merchants, has successfully raised €13.5 million in Series A funding. This round, co-led by RTP Global and LMDV Capital with additional backing from Proximity Capital and Primo Capital, brings the company’s total equity funding to €18 million within its first year of operation. Qomodo has also secured a €30 million credit facility to support its ambitious growth plans.

Focused on empowering micro and small businesses, Qomodo’s digital ecosystem is designed to enhance cash flow and revenue opportunities for merchants. Its flagship BNPL solution enables physical retailers to offer their customers flexible, interest-free installment payments, replicating the convenience often associated with e-commerce platforms.

The company reports that its solution drives higher sales for merchants while mitigating credit risks, simplifying transactions, reducing costs, and streamlining operations. These benefits have already attracted over 2,500 physical merchants across Italy to Qomodo’s platform.

The newly acquired funds will be allocated toward expanding Qomodo’s product offerings, hiring new talent, and advancing the use of artificial intelligence in its operations.

Gianluca Cocco, CEO of Qomodo, emphasized the transformative impact of the funding, stating: “This funding allows us to continue transforming how physical merchants operate, giving them access to smarter, more flexible payment options.”

COO Gaetano de Maio added: “The new funding will allow Qomodo to continue bridging the gap between online and physical retail with an all-in-one smart payment system that empowers physical merchants to offer their customers the same convenience and flexibility as e-commerce giants.”

Qomodo’s expansion marks a significant step in modernizing the high street retail experience, providing traditional merchants with tools to remain competitive in an increasingly digital-first economy.

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