How much did Paypercut raise?

Paypercut raised €5M at Seed, announced 3 June 2026.

Who founded Paypercut?

Stoil Vasilev is CEO & Co-founder of Paypercut.

What does Paypercut do?

Paypercut operates in FinTech and is based in Bulgaria.

FundedStartupsDaily / FinTech / Paypercut

Paypercut raises €5M

Paypercut announced a Seed round of €5M on 3 June 2026. The company operates in FinTech and is based in Bulgaria. It was founded by Stoil Vasilev, CEO & Co-founder.

Raised

€5M

Stage

Seed

Industry

FinTech

Country

Bulgaria

Founder

Stoil Vasilev

CEO & Co-founder, Paypercut

LinkedIn profile paypercut.com

Outreach angles

-Former VP of Corporate Development at SumUp, where he shaped fundraising and investment strategy.
-Co-founded Paypercut and grew it from a BNPL aggregator into a full payments platform serving 200+ merchants.
-Raised a 5M euro seed co-led by Concentric, Passion Capital and Araya Ventures to expand across eight CEE markets.