Danish startup Flatpay becomes a fintech unicorn, hitting a €1.5B
Flatpay, a Danish startup which facilitates card payments for SMBs, has become a European fintech unicorns after securing $170 million in funding. Now the company valued at €1.5 billion and reached unicorn status in only three years, TechCrunch reports.
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The $170 million round was backed by AVP and Smash Capital, along with existing investors Hedosophia, Seed Capital, and Dawn Capital. Which brings the company value at €1.5 billion and helps to reach the unicorn status.
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The newly secured funding will enable Flatpay to deepen its operations in its current European markets and enter one or two new countries next year. A significant portion will go toward doubling the company’s workforce to support its hands-on, in-person customer onboarding model, which remains central to its growth strategy.
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The investment will also fund product development, including real-time AI features and a planned expansion into broader fintech services such as business accounts and payment cards.
“The last 12 months have been extraordinary, with growth re-accelerating and revenue increasing by 400% year-over-year from 35 million to 140 million USD ARR. We are well on track to reach more than 500 million USD in ARR by the end of next year as we continue to scale aggressively across Europe,” says Sander Janca-Jensen, CEO & Founder at Flatpay on the Linkedin.
About Flatpay
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Flatpay is a Copenhagen-founded fintech company that provides simple and transparent payment solutions for small and medium-sized businesses.
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Established in 2022, the company offers a flat-rate pricing model without hidden fees or subscriptions, aiming to make card payments easier and more affordable for merchants. Flatpay currently operates in Denmark, Finland, Germany, Italy, France, and the United Kingdom.
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https://en.ain.ua/2025/11/18/flatpay-becomes-a-fintech-unicorn-hitting-a-eur15b/