Qomodo

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Qomodo
Private
IndustryFinancial services, Fintech
Founded2023; 3 years ago (2023)
FounderGianluca Cocco; Gaetano De Maio
HeadquartersMilan, Italy
Area served
Italy (expanding)
ProductsSmartPOS, Buy Now Pay Later (BNPL), Pay-by-Link, Tap-to-Phone (SoftPOS)
ServicesPayment solutions for brick-and-mortar merchants
Websiteqomodo.com

Qomodo is a Milan-based fintech company founded in 2023 that provides a smart payment platform tailored for brick-and-mortar merchants.[1][2] Known for integrating Buy Now Pay Later (BNPL) services, smart POS systems, and digital payment solutions, Qomodo empowers small and medium-sized businesses with enhanced cash flow management and customer flexibility.[3][4]

History and Funding

Founded by entrepreneurs Gianluca Cocco and Gaetano De Maio, Qomodo launched in 2023 with a mission to bring digital payment innovation to the physical retail sector.[5] In a record-breaking pre-seed round, Qomodo raised €34.5 million, followed by a Series A of €13.5 million, bringing total funding to €48 million by early 2025. Key investors include RTP Global, LMDV Capital, Fasanara Capital, Proximity Capital, Primo Capital, and other prominent venture and family office.[6][7]

Products and Services

Qomodo has developed a comprehensive “all-in-one” payment platform for offline retailers, featuring:

  • BNPL solutions: Interest-free installment payments that reduce credit risk while driving sales.
  • SmartPOS devices: Android-based POS systems that accept multiple card types and integrate with digital services.
  • Pay-by-Link and Tap-to-Phone (SoftPOS): Mobile and remote payment options that facilitate seamless customer transactions.

Market Impact and Reach

Qomodo has achieved rapid traction, serving over 2,500 physical merchants across sectors such as beauty centers, veterinary clinics, dental offices, and auto repair shops by late 2024.[8] Its growth reflects rising demand for digital payment tools in traditionally underserved offline markets.[9][10]

Industry Reception

Prominent fintech and startup publications including TechCrunch, PYMNTS, and EU-Startups have recognized Qomodo’s innovation in expanding BNPL and digital payments into Italy’s physical retail space.[11] The platform’s ability to bridge online-level convenience with in-store environments is frequently highlighted as a key competitive advantage.[12][13]

References

  1. ↑ "Qomodo raises $13.9M to expand BNPL for Italy's Main Street retailers". TechCrunch. 2025-01-21. Retrieved 2025-09-01.
  2. ↑ "Qomodo Company Profile". Dealroom. Retrieved 2025-09-01.
  3. ↑ "Smart payments for bricks-and-mortar retailers". RTP Global. Retrieved 2025-09-01.
  4. ↑ "Qomodo raises $14.1 million to offer BNPL to Italian brick-and-mortar merchants". PYMNTS. 2025-01-22. Retrieved 2025-09-01.
  5. ↑ "Qomodo secures €13.5M in Series A to enhance BNPL options for high-street merchants". FinTech Global. 2025-01-22. Retrieved 2025-09-01.
  6. ↑ "Qomodo Company Profile". Tracxn. Retrieved 2025-09-01.
  7. ↑ "Qomodo raises $1.6M to secure IoT against cyber threats". Amadeus Capital. Retrieved 2025-09-01.
  8. ↑ "Qomodo: the fintech startup revolutionizing the payment of essential expenses from physical". Primo VC. Retrieved 2025-09-01.
  9. ↑ "Qomodo welcomes RTP Global and LMDV Capital as new investors and raises €13.5M Series A". Primo VC. 2025-01-21. Retrieved 2025-09-01.
  10. ↑ "Italy's Qomodo raises €13.5m to bring BNPL to the high street". Finextra. 2025-01-22. Retrieved 2025-09-01.
  11. ↑ "Qomodo Ltd - Companies House". UK Companies House. Retrieved 2025-09-01.
  12. ↑ "Qomodo Company Profile". PitchBook. Retrieved 2025-09-01.
  13. ↑ "Italian fintech Qomodo lands €34.5M pre-seed funding". FinTech Futures. 2023-05-12. Retrieved 2025-09-01.

External links

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