Satispay, a Neapolitan fintech company in the mobile payment sector, recently closed a series D funding round, raising 320 million euros and bringing its total investment to 450 million euros. This has pushed the company’s valuation to over 1 billion euros, making it Italy’s newest unicorn. Attilio Mazzilli, a Corporate Partner of global law firm Orrick, was involved in the operation.
With the series D funding round, US venture capital firm Addition became the lead investor in Satispay. Other participants in the transaction included existing shareholders Greyhound Capital, Coatue, Lightrock, Block (previously known as Square), Tencent, and Mediolanum Gestione Fondi.
Satispay was assisted by Cleary Gottlieb, while Addition received legal assistance from multiple firms, including Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, BonelliErede, and Van Campen Liem specifically for aspects of Luxembourg law.
The transaction involved several shareholders, with Greyhound Capital being assisted by Eversheds Sutherland, Block by Latham & Watkins, and Tencent by Baker McKenzie. Coatue and Lightrock were assisted by Orrick, with Corporate Partner Attilio Mazzilli, who heads the Technology Companies Group, also part of the team. Ricci and Radaelli Notai Associati law firm handled the notarial aspects of the entire operation.