Paypercut Raises €5 Million Seed Round To Expand Payments Infrastructure Across Central And Eastern Europe
By Amit Chowdhry ● Jun 8, 2026
Paypercut, a European fintech payments platform enabling online merchants to accept payments across Central and Eastern Europe through a single integration, has announced a €5 million seed round co-led by Concentric, Passion Capital, and Araya Ventures. The round also saw participation from SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka, bringing Paypercut's total funding to €7 million. The capital will be used to accelerate expansion across CEE, deepen presence in existing markets, advance product and infrastructure development, and meet capital requirements for an Irish EMI license application with the Central Bank of Ireland, with authorization expected in the fourth quarter of 2026.