ABF WatchEuropean Fintech Credit TrackerUpdated

Deals / 4 Aug 2025

Scalapay: Private securitisation, €275m

Scalapay securitised BNPL receivables through Augusta SPV, a €275m private STS deal funded through an asset-backed commercial paper conduit.

Borrower
Scalapay, Italy · BNPL
Announced
Facility
Private securitisation · New
Size
€275m
Funders
Not disclosed
Asset class
Buy now, pay later
Notes
Date is the STS verification date; Scalapay has not published a release for it. Originator in the list is Scalapay IP; the conduit sponsor is not disclosed and the pool spans several countries. Scalapay announced an up to €3bn securitisation programme with BNP Paribas in Oct 2024; the list does not say whether the two are linked.
Source quality
Reported: reported only by press or an adviser, not by the companies involved. How we check
Last checked
7 Nov 2026

Sources

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