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.
“The fact that we’ve hit unicorn status is a special feeling. We’re proud to have created a company that is worth more than a billion dollars. It’s been a team effort, and it’s taken a lot to reach this milestone. Now our focus is on maintaining our growth trajectory, and expand Flatpay to the next level,”
says Sander Janca-Jensen, CEO and co-founder of Flatpay.
Flatpay reports they have had a massive growth recently, with expected revenue of € 125 million for 2025.
“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.”
said Sander Janca-Jensen
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businesses (SMBs), addressing the long-standing pain points of brick-and-mortar merchants who often face opaque fees, outdated tools, and inconsistent support.
Being only 3 yeras old, the startup has rapidly disrupted the payment market with its innovative point-of-sale (POS) systems, daily payouts, and insightful dashboards, all delivered with a commitment to exceptional customer service and no hidden costs.
“Flatpay is a true visionary in the SMB payments market. The team deeply understands the daily challenges of small business owners and meets them with radical simplicity, transparent pricing, and an exceptional full stack product. Beyond their technology, they have built a culture grounded in performance, empathy, and trust, qualities that shine through in everything they do. We are proud to support this remarkable company as they expand across Europe and beyond.”
said Warda Shaheen, General Partner and Head of European Growth Equity at AVP
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