Netflix alumni-founded Nopan reaches €7.2 million in funding to scale account and wallet payments across Europe

Nopan , an Amsterdam-based performance platform for account and wallet payments, has raised a new funding round led by Newion, with follow-on investment from Crane and Seedcamp and supported by a group of angel investors with experience in merchant payments and FinTech.

The Dutch startup has raised a total of €7.2 million to date. The company plans to use this funding to support its next stage of growth as it expands its account and wallet payment method coverage across Europe. It also aims to further develop its optimisation capabilities and strengthen its commercial presence with digital businesses and FinTechs.

Pieter Welten , Partner at Newion, said, “Nopan is addressing a clear and growing need in the payments market. Account and wallet payments represent a major opportunity, but the infrastructure required to make them perform at scale is still emerging. With its deep merchant-side payments experience and highly focused technology platform, we believe Nopan is uniquely positioned to become a category leader in this next phase of payments.”

Founded by former Netflix payments leaders Konstantin Surkov and Nick Ryabov, Nopan is on a mission to be the first merchant-native payment service provider. It helps digital businesses and Payment Service Providers launch, optimise and scale account-based and wallet payment methods across Europe.

The company states that Nopan was created to address a challenge the founders experienced first-hand: while launching a payment method is quite straightforward, making it perform at scale is much harder.

According to the company, account and wallet payments are gaining momentum across Europe, from emerging pan-European initiatives such as Wero to established local payment methods across individual markets. However, Nopan notes that digital businesses still need these methods to deliver the reliability, scalability and operational maturity they have come to expect from cards.

It opines that in order to make account and wallet payments perform at scale, continuous optimisation across routing, bank connectivity, payment method behaviour and operational performance is required.

Nopan claims that its specialist infrastructure and optimisation layer helps digital businesses and Payment Service Providers increase conversion, reduce payment costs and turn account and wallet payments into measurable business outcomes.

“Nick and I experienced first-hand how much value can be created when payment methods are properly optimised. Launching a new payment method is only the beginning. The real challenge is making it perform reliably across banks, customer behaviours operational processes and, where relevant, across markets. Nopan was created to solve exactly that challenge,” said Konstantin Surkov , co-founder and CEO of Nopan.

The company secured its De Nederlandsche Bank (DNB) licence in Q4 2025 and became a Principal Member of the European Payments Initiative (EPI), the organisation behind Wero. Nopan is live with initial customers and reported that it is receiving positive feedback, while seeing growing commercial interest from leading enterprise businesses and Payment Service Providers across Europe.