PayPhi Secures $5.98M in Series B Funding Backed by European VC Powerhouse Daphni

In an exciting development within the European fintech space, PayPhi has successfully raised 5,980,000 in a funding round that promises to accelerate its growth and technological innovation. This significant capital injection comes as part of a strategic initiative to enhance PayPhi’s digital payments platform, empowering the company to scale operations, invest in cutting-edge research and development, and expand its reach into international markets. With this funding, PayPhi is set to deepen its commitment to transforming everyday financial interactions into seamless, user-friendly experiences that leverage state-of-the-art technology and intuitive design. The funding round was led by Daphni, a renowned European venture capital firm with a strong track record of backing user-oriented startups that embody a blend of European insights and global ambitions. Established in 2015 and headquartered in Paris, France, Daphni has distinguished itself through its unique investment approach. By harnessing the collective expertise of the daphnipolis—a vibrant community of over 300 entrepreneurs, executives, academics, artists, and advisors—and a powerful digital platform that guarantees efficiency and transparency, Daphni cultivates innovation and sustainable growth across its portfolio. The infusion of nearly six million into PayPhi reflects both Daphni’s confidence in the startup’s vision and a shared commitment to reshaping the financial landscape. As PayPhi harnesses this funding to scale its operations and enrich its suite of services, the future looks brighter for digital payments, promising enhanced convenience and innovation for users worldwide.