Post by BlackWood

We are proud to announce our investment in Paypercut. Stoil Vasilev spent nine and a half years at SumUp at the centre of the company's growth, leading acquisitions and major financing transactions. Gareth Walsh built and ran SumUp's global compliance and governance infrastructure for over a decade. Emil Savov spent seven years scaling SumUp's commercial partnerships across the region. Three people who lived inside one of Europe's most ambitious fintech companies, watching Central and Eastern Europe get treated as too fragmented to serve properly. They left to fix it, and Paypercut is the result. A single integration for card payments, local payment methods, buy now pay later, and multi-currency settlement across a region that has never had payments infrastructure built specifically for it. The €5M seed round was co-led by Concentric, Passion Capital, and Arāya Ventures, with BlackWood and a strong group of fintech-focused investors participating. We love backing founders who have lived inside the problem they are solving. Stoil, Gareth, and Emil have. We are excited to support them in building something the region deserves. Welcome to the BlackWood portfolio, Paypercut.