Scalapay

BNPL has taken the world by storm in recent years and is prized by both customers, for its flexibility, and companies, for the increased sales it generates - Scalapay's solution can drive an increase in order values by almost 50%, for instance. This means that the sector is hotly contested, with the likes of Klarna and Clearpay offering similar BNPL options. However. while other companies have diversified into fintech as they've scaled, Scalapay has remained laser-focused on the BNPL experience for merchants and customers. This has led to its rapid growth, achieving unicorn status only two years after its founding.

Currently operating in mainland Europe, Scalapay has been focusing on developing its product through R&D and through strategic acquisitions. For instance, it has acquired Cabel IP, giving it the ability to integrate with payments providers in Italy. Once it has strengthened its presence in the European Union, it will surely be looking to scale its operations globally.