Papercut

Paypercut is a European payments company. Through a single integration, merchants accept card payments, local payment methods and buy now, pay later. We started in Central and Eastern Europe, where fragmented payment methods and providers designed for Western markets left merchants underserved. Merchants in Western Europe soon began finding us on their own, because the same problem exists wherever customers expect to pay in their own way. Today we serve merchants across Europe and the UK, and have team members in Bulgaria, Greece, Romania, Poland, Hungary, UK and Ireland.


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Стоил Василев – CEO and co-founder of Paypercut

Stoil Vassilev is the CEO and co-founder of Paypercut, a European payments company that gives merchants card payments, local payment methods and buy now, pay later through a single integration. Before Paypercut, he was VP of Corporate Finance and Corporate Development at SumUp. There he led fundraising and investment strategy and worked closely with the founders through a capital-constrained period that was critical to stabilising the company. Over his time at SumUp, he raised more than €3bn across a range of funding structures, working with institutions including Bain, TPG and Goldman Sachs. His background combines corporate finance, M&A and deep exposure to payments, which shapes how he builds Paypercut: close to the merchant, grounded in how money actually moves, and designed for the realities of local markets. He has passed two levels of the CFA exam.



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