Netflix alumni-founded Nopan raises €7.2 million to scale account and wallet payments across Europe
Amsterdam-based fintech Nopan has secured €7.2 million in total funding led by Newion, with participation from Crane and Seedcamp. The company plans to expand its account and wallet payment coverage and optimization capabilities across Europe.
Nopan, an Amsterdam-based performance platform for account and wallet payments, has completed a new funding round led by Newion, with follow-on investments from Crane and Seedcamp and support from a group of angel investors experienced in merchant payments and FinTech. The Dutch startup has raised a total of €7.2 million to date.
The company intends to use the funds to support its next growth phase by expanding account and wallet payment method coverage across Europe, further developing its optimization capabilities, and strengthening its commercial presence with digital businesses and FinTechs.
Founded by former Netflix payments leaders Konstantin Surkov and Nick Ryabov, Nopan aims to become the first merchant-native payment service provider. It helps digital businesses and Payment Service Providers launch, optimize, and scale account-based and wallet payment methods across Europe.
The founders note that while launching a payment method is straightforward, making it perform at scale is much harder. According to Nopan, account and wallet payments are gaining momentum across Europe, from emerging pan-European initiatives like Wero to established local methods in individual markets. However, digital businesses need these methods to deliver the reliability, scalability, and operational maturity they expect from cards.
To make account and wallet payments perform at scale, continuous optimization of routing, bank connectivity, payment method behavior, and operational performance is required. Nopan claims its specialist infrastructure and optimization layer help digital businesses and Payment Service Providers increase conversion, reduce payment costs, and turn account and wallet payments into measurable business outcomes.
The company secured its De Nederlandsche Bank (DNB) license in Q4 2025 and became a Principal Member of the European Payments Initiative (EPI), the organization behind Wero. Nopan is live with initial customers and reports positive feedback, along with growing commercial interest from leading enterprise businesses and Payment Service Providers across Europe.
