"Danish fintech company Flatpay has recently raised €145 million (approx. DKK 1.1 billion) in a new investment round led by AVP with participation from Smash Capital and previous investors. With the new capital, Flatpay hits a valuation of €1.5 billion, becoming the fastest Danish startup ever to achieve unicorn status, three years after its founding in 2022."
"We have a very scalable business model with three-digit revenue growth and healthy margins allowing us to reinvest in the development of the business. With hyper growth comes the need to onboard more employees to help service our growing portfolio of customers. I believe that we can hit 10,000 employees in Flatpay, but growing our company takes capital, and we are happy that AVP and Smash Capital believes in Flatpay and joins us in our coming growth journey."
"Flatpay stands out in the fintech landscape by combining radical simplicity, transparent pricing, and a full-stack product tailored specifically for small and medium-sized businesses (SMBs), addressing the long-standing pain points of brick-and-mortar merchants who often face opaque fees, outdated tools, and inconsistent support."
Flatpay raised €145 million led by AVP with participation from Smash Capital and previous investors, reaching a €1.5 billion valuation and becoming Denmark's fastest unicorn three years after founding in 2022. The company projects €125 million in revenue for 2025 and reports three-digit revenue growth with healthy margins that enable reinvestment. Flatpay offers a full-stack POS solution for SMBs with radical simplicity, transparent pricing, daily payouts, and dashboards designed for brick-and-mortar merchants. The company aims to scale headcount substantially, targeting as many as 10,000 employees while using new capital to expand product development and customer service.
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