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Summary: Danish startup FlatPay joins the club of European fintech unicorns to track Crunch

1. Flatpay, a payment service for Small to Medium Businesses (SMBs), has become a European fintech unicorn, valued at €1.5 billion ($1.75 billion).
2. The startup, which focuses on small merchants, claims around 60,000 customers and aims to grow its annual recurring revenue (ARR) to between €400 and €500 million by 2026.
3. To fund this growth, Flatpay has raised €145 million in a recent funding round. The funds will be used for expansion into new markets, doubling its workforce, and developing a banking suite.
Summary
Flatpay, European fintech unicorn valued at €1.5 billion ($1.75 billion), targets Small to Medium Businesses with around 60,000 customers. Aiming for an ARR of €400-€500 million by 2026, Flatpay recently raised €145 million for market expansion, workforce doubling, and banking suite development.
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ID: 886699e8-b2d3-448d-a6fa-9d81cb40fc68

Category ID: listed_summary

URL: https://techcrunch.com/2025/11/16/fast-growing-danish-startup-flatpay-joins-the-club-of-european-fintech-unicorns-to-track/#summary

Date: Nov. 17, 2025

Notes: 2025-11-17

Created: 2025/11/17 18:42

Updated: 2025/12/07 21:58

Last Read: 2025/11/17 18:48