The Italian Corporate team has advised Satispay S.p.A. on the acquisition of AdvisorEat S.r.l.
Founded in 2013, Satispay is a fintech scale-up that has developed the well-known payments and money transfer app of the same name. In its most recent funding round, the company raised €93 million from the likes of Tencent, Square, LGT Lightstone, and TIM Ventures.
AdvisorEat is an Italian start-up whose founders created a platform allowing its users - professionals from large companies in the legal and consulting world - to select affiliated restaurants and to collect points to be converted into gift cards, vouchers, or charitable donations.
The Corporate team, led by partner Stefano Silvestri with Counsel Calogero Porrello and associates Sara Calamitosi and Davide Biasotti, managed the transactional aspects of the deal, with support from the firm’s IP, Technology, and Data experts.
The acquisition of AdvisorEat, the first ever for Satispay, signals its market entry in the field of corporate welfare. The company aims to offer a new range of solutions that can respond to the increasing evolution of corporate policies in terms of care for their employees.