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Danish POS startup Flatpay raises €45 million

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.

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Danish POS startup Flatpay raises €45 million

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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.

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