Growth Capital supports PayDo in finalizing an investment agreement with TXT GROUP
Dicembre 18, 2023

Growth Capital supports PayDo (Plick), Italian B2B #fintech startup active in the digital #payments space, in finalizing an investment agreement with TXT GROUP, global digital enabler listed on Borsa Italiana’s STAR segment.  
 
The transaction involves an initial #investment of €2M, aimed at the domestic and international #growth of PayDo, and the acquisition of a minority stake. TXT then has the option to increase its ownership to over 51% by 2026 in two steps: a first acquisition from the majority shareholder to reach 30%, and an option to further increase its participation to at least 51% of the capital, at a valuation equal to 10 times the adj. EBITDA resulting from PayDo’s financials as of December 31, 2025. 
 
“We are proud to have supported PayDo in this significant milestone of its growth journey. We believe that the entry of a leading international partner like TXT will represent a decisive step for PayDo’s growth, aiming to become a #KeyPlayer in the innovative payment ecosystem” comments Andrea Casati, Vice President Growth Capital.
 
PayDo took part in the second batch of the A-Road acceleration and fundraising program, which assisted the company in its growth trajectory through mentorship activities and tailored professional services.