New Delhi, June 13 -- MILAN - The company Italians use to split restaurant bills and pay at the supermarket wants to manage their retirements too. Satispay, the Milan-based payments unicorn, announced Thursday it is seeking up to €120 million in fresh capital - money it plans to use to unlock what its chief executive calls a national paradox: one of Europe's wealthiest countries, where the majority of household savings earn almost nothing.

the same firms that anchored Satispay's €60 million round in late 2024 and its €320 million Series D in 2022, which first pushed the company's valuation above €1 billion. That figure is intact. The remaining capital leaves room for acquisitions alongside organic expansion.

The ...