Flatpay reaches unicorn status with a USD 1.7 billion valuation, becoming the fastest unicorn out of Denmark

Mazanti-Andersen has advised long-term client Flatpay on its USD 170 million Series D funding round led by AVP and Smash Capital, alongside existing investors Hedesophia, Seed Capital and Dawn Capital.

Founded in 2022 by entrepreneurs Sander Janca-Jensen, Rasmus Busk, Rasmus Hellmund Carlsen, and Peter Lüth, Flatpay has disrupted the payments market with a transparent pricing model that eliminates hidden costs and subscription fees.

Today, Flatpay powers the payment systems of roughly 10,000 Danish businesses and more than 60,000 stores globally, and operates in the United Kingdom, Finland, Germany, Italy and France. The company is set for significant continued expansion across Denmark and Europe. Flatpay currently employs more than 1,400 people, a number expected to increase to 10,000 within three years, while revenue - forecast to reach around DKK 1 billion this year - is expected to grow tenfold.

Mazanti Transactions has had the pleasure of being legal advisor to Flatpay from the very beginning and through every funding round on its journey to becoming a unicorn.