Flatpay Raises DKK 335 Million for International Expansion

The Copenhagen Fintech member, Flatpay, made its debut in the Fintech landscape in 2022, founded by Sander Janca-Jensen , Peter Lüth , and Rasmus Hellmund Carlsen . They had the game-changing vision to revolutionize card payments by introducing complete transparency. Since then, they have developed an innovative pricing model that eliminates hidden costs and fees, providing a single, affordable rate for all card types across various markets.?

Just ten months ago, the company secured DKK 112 million in their Series A round, primarily allocated for product development and growth. Using this capital, they successfully established a strong presence in Germany.

Sander Janca-Jensen, CEO and co-founder of Flatpay, commented on their progress to FinansWatch, stating, ??? "It’s going really well in Germany, that’s the market where we’re growing the most. We’re no longer just a Nordic case but have also shown that we can enter a new market and establish ourselves, and now we’re stepping up even more."

Last week, the Danish Fintech announced raising DKK 335 million in their Series B round, marking another significant milestone in their journey ??

The venture fund Dawn Capital leads the investment in collaboration with previous investors, such as Seed Capital. The funding will primarily be used to strengthen Flatpay's international expansion efforts even further.

Flatpay strives to create success for your company by simplifying payments and helping your business grow. The new funding will accelerate their mission of making lives easier and fairer for small businesses.

“We have already transformed the payment and point of sale (POS) experience for merchants in Denmark, Finland, and Germany, and the new capital will boost our geographical expansion into new markets as well as further drive innovation and product development, allowing us to assist merchants across Europe in running and growing their businesses," ??? Says Sander Janca-Jensen, CEO and co-founder of Flatpay, in the press release.

Moreover, Flatpay announces the need to expand its staff to ensure the planned expansion. Read more on that here in the Danish article from FinasWatch.