# PastPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pastpay

- Industry: Software
- Headquarters: Budapest, Hungary
- Website: www.pastpay.com
- Total disclosed funding: $13M
- Latest round: Series A (Sep 10, 2024)
- Investors on record: 4

## About

Founded in 2019 and based in Budapest, Hungary, Péntech Solutions Ltd., doing business as Pastpay, operates as a provider of B2B payment solutions. The company was founded by its CEO, Benjamin Berényi, and COO, Bálint Réti. In September 2024, PastPay raised EUR 12 million in Series A funding led by Platina, Advance Global Capital, STRT Holding, Quantic Financial Solutions, BNL Start Partners, and MBH Bank.

Pastpay specializes in providing buy now, pay later (BNPL) payment solutions for B2B merchants in EU countries. The company offers businesses flexible payment terms, allowing customers to extend payments from 15 to 90 days, improving cash flow for both buyers and sellers. The firm offers plug-and-play extensions for eCommerce platforms like WooCommerce, Magento, Shoprenter, Unas, and PrestaShop.

The company plans to utilize the September 2024 funding raised to invest in product development and expand its digital services and infrastructure.

## Funding rounds

- Series A, Sep 10, 2024, $13M — Platina, Quantic Financial Solutions, Advance Global Capital, STRT Holding

## Investors

- Platina (https://capitalatlas.ai/funds/platina) — Series A
- Quantic Financial Solutions — Series A
- Advance Global Capital — Series A
- STRT Holding — Series A