Milan-based Qomodo has successfully raised €13.5 million ($13.9 million) in Series A funding, co-led by RTP Global and LMDV Capital. This funding aims to expand its Buy Now Pay Later (BNPL) services for physical merchants across Italy. Founded in 2023, Qomodo has raised a total of €48 million ($49.6 million) to assist small businesses in enhancing cash flow through flexible, interest-free installment options. Currently serving 2,500 merchants, the startup plans to introduce additional banking products to support the physical retail sector, which has been underserved by fintech solutions.