Italian payment network company Satispay completes 320 million euros in financing, Block participates in investment

According to Techcruch reports, Satispay, a payment network company headquartered in Milan, Italy, completed a 320 million euro ($305 million) D round of financing at a valuation of 1 billion euros (about 955 million U.S. dollars). Addition led the investment, and participants included Greyhound Capital, Coatue , Lightrock, Block, Tencent, Mediolanum Gestione Fondi SGR. This round of financing will be used to expand Satispay’s product portfolio and expand globally. Satispay's business includes point-to-point payment, pay-as-you-go services, etc., and will support cryptocurrency payments.