Founded in 2022, Flatpay offers merchant customers a POS system that simplifies payments, product administration, and sales analytics, as well as a payment terminal for card payments.

Designed for small and medium-sized physical retailers, such as hair salons, restaurants, and stores handling over €100,000 a year, the company offers an appealing pricing structure that does away with extra charges and fees, offering a simple flat rate for all cards without requiring a monthly subscription for terminal installations.

The Series B raises the startup's overall investment to €66 million.

With 7000 clients already in Denmark, Finland, and Germany, Flatpay says it will use the additional funds to launch further products and enter other areas.