Paymefy raised €1.2 million from Encomenda, Successful Ventures, MNext, Emergia, ICF and Enisa

Paymefy, a Barcelona, Spain-based SAAAS developer of solutions used for debt collections, announced that it closed a €1.2 million ($1.5M0 investment round.

The money was raised from investors from Spain including Encomenda Smart Capital, Successful Ventures, MNext and the customer service company Emergia. The money is complemented by a €200,000 participative loan from the Institut Catalá de Finances (ICF); and by another a €300,000 participative loan from Enisa.

The company will use the funds raised to increase the team to 25 workers.

The funds will control the remaining 40% with individual shares of between 5% and 10%. Successful has acquired 10%, Encomenda 6% and MNext 5%.

Paymefy, founded in 2019 by Quim Zurano and Guillem Sarlé, specialized in automating the collection and recovery cycles of large companies through the sending of digital notifications. These are automated notifications that seek to make the debtor pay quickly, and if they do not, know what is happening. These online messages include different platforms such as PayPal, Apple Pay, or PISP transfers, in order to facilitate payment.