Milan-based BNPL startup Scalapay raises a $497M Sequence B led by Tencent and Willoughby, bringing its whole funding to $1.2B, changing into Italy's first unicorn (Dan Taylor/Tech.eu)

Dan Taylor / Tech.eu:

Milan-based BNPL startup Scalapay raises a $497M Sequence B led by Tencent and Willoughby, bringing its whole funding to $1.2B, changing into Italy’s first unicorn  —  It has been a very long time coming, however Italy now has its first unicorn in Scalapay because the buy-now-pay-later firm raises $497 million in a Sequence B spherical.