Danish fintech POS startup Flatpay has moved into Unicorn territory with a €45 million investment led by Dawn Capital with participation from Copenhagen's Seed Capital.
Founded in 2022, Flatpay provides a payment terminal for card payments and a POS system that streamlines payments, product management, and sales analytics for merchant customers.
Devised for small and medium-sized physical retailers, including restaurants, hairdressers, and stores processing over €100,000 annually, the firm operates an attractive pricing model that removes hidden costs and fees, providing a straightforward flat rate for all cards without any monthly subscription fees for terminal installations.
The Series B brings total funding for the startup to €66 million
Flatpay currently counts 7000 customers across Denmark, Finland and Germany and says it will use the new funding to expand into new markets and to roll out more products.