Startups
GROWISHPAY is the leading Italian scaleup in social payments and Fintech-as-a-service.
Some typical examples are solutions - based on electronic money wallets - for Crowdfunding, Fundraising, Marketplace, Group payments, Split payments, Escrow, Pay-by-link, Omnichannel gift registry, E-wallet management solutions, loyalty, close-loop payments for retails, etc.
Our business model is validated by over 135,000 users who have transacted over € 45M of payments on proprietary platforms and on those of over 1500 merchants who use whitelabel solutions including Mediaworld, Lastminute.com, Volagratis, Uvet Travel Network, LoveTheSign, Musement, Nexi SmartPos and others.
Our aim is to offer Fintech-as-a-service: By integrating the best PSD2 Open Banking solutions, we provide ready-to-use modules, APIs, SDKs and SaaS platforms that allow our clients to quickly and easily integrate complex e-wallet-based solutions.
GrowishPay has received funding of over € 2.3M from major investors such as Digital Magics, CDP, Fabrick (Banca Sella Group), Club Degli Investitori, R301 Capital, Boost Heroes and important angel investors.
Recently, GrowishPay launched SCUOLAPAY, a unique APP for 6.8M Italian parents who have to pay € 3.5 billion each year for school activities.
Some typical examples are solutions - based on electronic money wallets - for Crowdfunding, Fundraising, Marketplace, Group payments, Split payments, Escrow, Pay-by-link, Omnichannel gift registry, E-wallet management solutions, loyalty, close-loop payments for retails, etc.
Our business model is validated by over 135,000 users who have transacted over € 45M of payments on proprietary platforms and on those of over 1500 merchants who use whitelabel solutions including Mediaworld, Lastminute.com, Volagratis, Uvet Travel Network, LoveTheSign, Musement, Nexi SmartPos and others.
Our aim is to offer Fintech-as-a-service: By integrating the best PSD2 Open Banking solutions, we provide ready-to-use modules, APIs, SDKs and SaaS platforms that allow our clients to quickly and easily integrate complex e-wallet-based solutions.
GrowishPay has received funding of over € 2.3M from major investors such as Digital Magics, CDP, Fabrick (Banca Sella Group), Club Degli Investitori, R301 Capital, Boost Heroes and important angel investors.
Recently, GrowishPay launched SCUOLAPAY, a unique APP for 6.8M Italian parents who have to pay € 3.5 billion each year for school activities.
Overview
Location
Italy, Lombardy, Milan
Employees
11-50
Founded date
2012
Investors 1
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Mentions in press and media 2
| Date | Title | Description |
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| Jul 4, 2019 | GrowishPay Raises Approx. €1M in Funding | GrowishPay, a Milan, Italy-based social payments startup, raised an approx. €1m in funding. This included: – €571.5k in equity crowdfunding via 200Crowd, – €152k from other backers including Boost Heroes, the venture capital firm founded by... |
Reviews 0
FAQ about GrowishPay
When was GrowishPay founded?
GrowishPay was founded in 2012.
What has the press written about GrowishPay?
Parsers VC has collected 2 articles mentioning GrowishPay, among them “GrowishPay Raises Approx. €1M in Funding” (Jul 4, 2019).
Is GrowishPay still active?
Yes, GrowishPay is active; its latest activity on Parsers VC dates from Sep 22, 2025.