Flatpay, a Danish fintech startup specializing in payment software for small and medium-sized businesses (SMBs), has successfully raised €45M in Series B funding. This significant investment comes just two years after the company’s inception in 2022.
Led by Dawn Capital, a prominent venture capital firm with a track record of supporting successful startups like Tink and iZettle, the funding round also saw participation from Seed Capital and other investors.
Flatpay’s unique proposition in the market includes offering no setup fees for terminals, no subscription fees, and a flat rate for all card types, coupled with intuitive data dashboards for merchants. This approach has garnered significant traction among merchants in Denmark, Finland, and Germany, where Flatpay currently operates.
The newly acquired funds will be instrumental in further refining Flatpay’s product offerings, expanding into new markets, and scaling up its team to meet growing demand. Co-founder and CEO Sander Janca-Jensen expressed excitement about the company’s rapid growth trajectory and the opportunity to innovate further with the support of investors.
With Dawn Capital’s extensive experience in the fintech space and the continued backing of Seed Capital, Flatpay aims to solidify its position as a leading provider of financial solutions for merchants across Europe. This latest funding round marks a significant milestone in Flatpay’s journey towards becoming a prominent player in the European fintech landscape.
