Polish fintech startup Straal raises €2M within its merger with My EU Pay

The Warsaw-based payment service Straal joined forces with British fintech company My EU Pay. The merger was accompanied by €2 million investment for Straal to create a new tech led payments ecosystem provider.

  • Founded in 2017 by Michael Jedraszak, Straal offers advanced payment processing, client onboarding solutions, customer behavior analytics, and anti-fraud solutions for businesses. Straal works in 160 countries, among its clients are Re.volt, Blinkee.city, PerfectGym.
  • Launched in 2017, London-based company My EU Pay has been providing payment solutions to businesses and personal customers since its launch in 2017. It offers European virtual accounts, multi-currency virtual IBANs and Payments-as-a-Service.

“We are delighted to partner up with a market-leading payment gateway provider, and look forward to jointly developing future fintech innovations. With complementary tools and products, our companies will be able to introduce more comprehensive, technologically advanced, tailor-made solutions for our clients”,

says Sarah Dees, CEO of My EU Pay.
  • The merger of both fintechs will enable to expand the client bases and increase sales.