PayPo begins its international expansion and provides services in Romania, becoming a pioneer of BNPL (buy now, pay later) in this market, the company said. One of the first PayPo partners in this country is Modivo - a multi-brand platform with fashion. “The e-commerce industry in Romania has a great potential that we intend to use. The local market is one of the fastest growing in Europe, and at the same time very similar to ours, for example in terms of consumer behavior and habits. We hope that due to the added value that customers using PayPo receive, such as the ability to pick up and check the order before payment, our services will gain popularity there, ”said PayPo CEO Radosław Nawrocki, quoted in the release. He added that Romania is the first country from which the company begins its international expansion. "Soon we will enter other European markets, implementing our strategy aimed at strengthening our position as a leader in the CEE region, where we plan to invest EUR 50 million in the next few years," announced the president. PayPo is a fintech operating on the market since 2016. It has established cooperation with over 25 thousand. stores and provided financing for nearly 750 thousand. buyers. Source
30.09.2022