In a Nutshell
- Bulgarian BlackPeak Capital has led a €10M Series B funding round in Leanpay, Slovenia’s leading Buy-Now-Pay-Later (BNPL) and point-of-sale lending platform.
- The round was co-led with Catalyst Romania.
Strengthening Southeast European Digital Economy
Leanpay, founded in 2016 by Janko Medja, Misa Zivic, and Tilen Zugwitz, has over 120K users and 1.5K merchant partners. Currently, it leads the BNPL sector in Slovenia, Romania, and Hungary.
This funding will allow Leanpay to expand its operations, launch new services, and recruit new talent to strengthen its market position.
BlackPeak Capital is a private equity firm focused on investing growth equity in Southeast Europe, targeting countries such as Romania, Bulgaria, Slovenia, Croatia, and Serbia.
The investment from Bulgarian and Romanian investors in a Slovenia-based company highlights the growing unity in Southeast Europe, solidified BlackPeak Capital in a LinkedIn post. The collective efforts aim to make the region more competitive, strengthen its digital economy, and foster a spirit of collaboration and innovation.
Investor’s Perspective
BlackPeak Capital’s Managing Partner, Niklas Pichler, will join Leanpay’s board to guide the company in reaching its growth goals.
“The shift in consumer behavior towards flexible payment methods like BNPL is increasingly influencing daily life for all generations, as well as reshaping the e-commerce landscape. It is pivotal for both businesses and customers alike. We are excited to partner with Leanpay, a Slovenian leader in responsible lending and a pioneer in third-generation BNPL solutions in our region, operating an asset-light model,” shares Niklas Pichler.
“Covering an interesting niche within the BNPL space, we are confident that the company, with our support, will achieve its full potential and make a significant impact on the market.”
