-99%

est. 2Y upside i

FinTech

Stage: exit. Country: Germany

Rank

#4420

Sector

Fintech

Est. Liquidity

~0Y

Data Quality

Data: Medium

The equity opportunity in Paymill is virtually non-existent due to the confirmed bankruptcy of its parent company, CYBERservices Europe S.A.

Last updated: February 24, 2026

Bull (5%)+10%

An extremely remote and improbable scenario where remaining assets are sold, and a tiny fraction of value somehow accrues to common equity after all creditors are satisfied, relative to a nominal current valuation.

Base (15%)-99%

The most likely outcome is that common equity is almost entirely worthless due to the parent company's bankruptcy and the extensive claims of creditors.

Bear (80%)-100%

Common equity is completely worthless as the company's parent is in bankruptcy, and all assets will be used to satisfy senior creditors.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

With $20M in total funding and the parent company in bankruptcy, investors hold massive liquidation preferences ahead of common shareholders, making common equity effectively worthless in any liquidation event.

Dilution Risk

high

Given the company's financial distress and bankruptcy, any future capital raises (if even possible for a new entity using the brand) would severely dilute existing equity holders, but this is moot as the current equity is likely worthless.

Secondary Liquidity

none

There is no active secondary market for equity in a bankrupt entity; any existing shares are illiquid and likely without value.

Community

Valuation Sentiment

Our model estimates -99% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.