Hong Kong: Leading international law firm has advised Tencent on its role as lead investor in Scalapay’s Series B round equity financing round, pursuant to which Scalapay raised US$497 million in aggregate. Based in multiple markets across Southern Europe, Scalapay is an innovative payment solution for e-commerce merchants that enables customers to “buy now and pay later” (BNPL) without interest.
Lead partner Bryan Koo said, “The deal demonstrates our cross-border expertise in advising market-leading transactions and complex financial regulatory matters, further strengthening our firm’s successful track record in supporting leading technology and fintech investors.”
The multi-jurisdictional transaction also involved partners Claudio Cerabolini, Lucio Bonavitacola (Milan), Frédérick Lacroix, Laurent Schoenstein (Paris) and Marc Benzler (Frankfurt). The partners were supported by counsel Riccardo Coassin (Milan), Julien Brun (Paris) and Christian Hissnauer (Frankfurt), senior associates Cynthia Mo (Hong Kong) and Alberto Claretta Assandri (Milan), associates Jason Chow (Hong Kong), Michele Bernardi, Giorgio Di Stasio, Iolanda D’Anselmo (Milan), Alice Declercq, Guillaume Fort and Olivier Gaillard (Paris), legal assistant Petra Ho (Hong Kong) and trainees Dario Carnazza (Milan), Sibel Tekesultan and Romain Delangle (Paris).
