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§ Private Profile · Madrid, Madrid, Spain
Pagantis is a technology company.
Pagantis delivers automated, friction-free consumer finance solutions for European e-commerce. Its core product enables online shoppers to pay for goods in monthly installments. The company utilizes a robust decision engine for real-time fraud detection and identity verification, facilitating secure buy now, pay later options directly at the point of sale.
Founded in 2011 as Digital Origin in Barcelona, Spain, Pagantis was established by co-founders Pascal Pegaz-Paquet and Rolf Cederström. Their insight addressed a clear market need: the burgeoning demand for flexible, streamlined consumer financing within the rapidly expanding European e-commerce landscape.
Pagantis’s solutions serve online merchants aiming to enhance conversion by offering flexible payment choices. Post-acquisition by Afterpay in 2020, the company now integrates its credit products and market presence to bolster Afterpay’s European expansion, aiming to solidify a leading position in the continent’s evolving buy now, pay later sector.
Pagantis has raised $87.0M across 2 funding rounds.
Pagantis has raised $87.0M in total across 2 funding rounds.
Pagantis has raised $87.0M across 2 funding rounds. Most recently, it raised $73.0M Series B in March 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2019 | $73M Series B | — | Newion, Prime Ventures | Announced |
| Sep 1, 2014 | $14M Series A | — | Newion, Prime Ventures | Announced |
Pagantis is a fintech company that builds a digital payment platform enabling consumers to pay for e-commerce goods and services in monthly installments through a fully automated, paperless process.[1][2][5] It serves online shoppers and merchants by solving the problem of rigid payment methods with fast, flexible consumer credit, leveraging data science, machine learning for risk-scoring and anti-fraud, and graph technology for real-time approvals.[1][2] Founded in 2011 in Barcelona, Spain, Pagantis raised $89.39M before being acquired by Afterpay in 2020, providing over €500M in loans and achieving steady growth amid demand for buy-now-pay-later (BNPL) solutions.[1][2]
Pagantis, originally named Digital Origin, was founded in 2011 in Barcelona, Spain, by entrepreneurs focusing on online consumer finance for e-commerce.[2][3][4] The idea emerged from the need for faster, more flexible payment options in growing online retail, using big data and machine learning to automate credit approvals and fraud detection beyond traditional relational databases.[1] Early traction came from its point-of-sale platform, which offered merchants simple onboarding and consumers near real-time loan decisions; pivotal growth included deploying TigerGraph for scalable risk analysis, reducing wait times and attracting more business.[1] By 2020, its strong European presence in Spain, Italy, and France led to acquisition by Afterpay, rebranded as Clearpay to fuel continental expansion.[2][3]
Pagantis rides the BNPL trend, transforming e-commerce by offering credit-card-free installment payments amid rising online shopping and demand for flexible financing.[1][3] Timing aligned with post-2010s fintech boom in Europe, where it gained traction in Spain, Italy, and France before Afterpay's 2020 acquisition accelerated global scaling via cloud-native tech.[2][3] Market forces like competition from Klarna and PayPal favored its local infrastructure and synergies, intensifying rivalry while consolidating Afterpay's (now part of Block) European foothold and influencing ecosystem-wide adoption of real-time, data-powered payments.[3]
Post-acquisition, Pagantis operates as Clearpay under Afterpay, poised for deeper BNPL integration across Afterpay's 11M+ global users, leveraging its tech for expanded markets.[2][3] Trends like AI-driven fraud prevention, regulatory shifts in open banking, and e-commerce growth will shape its path, potentially enhancing cross-border scalability.[1][3] Its influence may evolve by powering merchant ecosystems with faster, compliant financing, solidifying BNPL as a staple in digital commerce from its origins as a Barcelona innovator.
Pagantis has raised $87.0M in total across 2 funding rounds.
Pagantis's investors include Newion Investments, Prime Ventures.