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    Danish Fintech Flatpay Raises 48 Million Dollars In Series B Funding

    Alexander Johnson

    By Alexander Johnson - Apr 18, 2024 | Updated On: 24 May, 2024 | 2 min read

    By Alexander Johnson , 2 min read - Apr 18, 2024

    Updated On: 24 May, 2024

    Flatpay Raises 48 Million Dollars In Series B Funding. Image Credit: Social Media.




  • Danish fintech Flatpay raises 48 million dollars in series B funding. The company provides a payment terminal for card payments. It also uses a POS system that streamlines payments.

    Therefore, let’s learn more about what the company does, its new funding, and its global expansion plans. Stay tuned until the end for every detail.

    A Short Intro About Flatpay

    The company was established in 2022 by Sander Janca-Jensen, Rasmus Hellmund Carlsen, Rasmus Busk, and Peter Luth in Copenhagen, Denmark.




  • Since its inauguration, Flatpay has quickly acquired traction around Europe, just like the Swedish Company Buddywise. They have over 8,000 customers in Denmark, Finland, and Germany.

    Flatpay raises 48 million dollars in series B funding

    Flatpay raises 48 million dollars in series B funding. Image Credit: Social Media.

    The company’s unique offering drives this development: a flat cost for all card transactions, daily settlements, round-the-clock customer care, and an intuitive user interface, all previously thought to be out of reach for smaller retailers.

    Flatpay distinguishes itself from other payment providers by offering no terminal setup fees, no subscription fees, and its data dashboard.

    Flatpay Raises 48 Million Dollars In Series B Funding

    The startup company recently raised around €45 million or $48 million in a series B funding round. Similarly, companies like Pula Finances and Paraform Recruitment have raised a decent amount in series B funding.




  • It plans to expand its POS systems and payment solutions developed for small and medium-sized businesses.

    Dawn Capital led the series B round. Other participants include Seed Capital Denmark.

    The 48 million dollars adds to the $21 million raised last year in a series A funding. After the recent investment, the company’s valuation has exceeded $100 million.

    Flatpay Raises 48 Million Dollars In Series B Funding

    Flatpay Raises 48 Million Dollars In Series B Funding. Image Credit: LinkedIn.

    The last year’s investment was used to find the company’s expansion in Finland, Germany, and Denmark.




  • Despite hundreds of other competitors targeting the same customers as Flatpay, investors believe the startup has much potential to bet early and strong.

    Similarly, you might like to read about French Startup Mistral AI Seeking Funds.

    How is the Funding Going To Be Used?

    The company revealed in a LinkedIn post that it plans to use the recent funding to expand into new markets in Europe. Furthermore, the fintech is gearing up to venture into more products alongside card terminals and point-of-sale.

    Last month, Playtech unveiled its latest product offering, an e-commerce payments solution initially starting in Denmark before spreading to other markets. To reach this goal, Flatpay is hiring sales talent across Europe.




  • Thus, Flatpay raises 48 million dollars in Series B funding to expand its reach even further. We will reveal more when the company publishes some extra info.







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