Italy, Milan-based Qomodo has raised €34.5 million in pre-seed funding to expand its payment solutions for physical retailers. The funding round was led by Fasanara Capital and saw participation from Notion Capital, Exor Ventures, Proximity Capital, Ithaca Investment, Lumen Ventures, The Techshop, Primo Ventures, Octopus Ventures, and Plug&Play, among others. The co-founded by Gianluca Cocco and Gaetano De Maio offers a Buy Now Pay Later suite, allowing businesses to receive instant payments while enabling customers to make interest-free installment payments on essential expenses in physical stores. The payment options include "Pay over time," "Pay now" through smartPOS devices, and "Pay now remotely" for online and contactless payments. Qomodo aims to simplify payment collections, secure transactions, enhance customer loyalty, and support the growth of physical retailers, with over 500 merchants already adopting the platform during its stealth mode operation.