Flatpay, Danish SME-focused paytech, has reached unicorn status at a $1.7B valuation after raising a $170M Series C to fuel expansion across Europe and potentially two new markets in 2026. The SME-focused paytech has rapidly scaled since 2022, growing ARR 400% YoY to $140M and now serving 60,000 merchants across six countries, with Germany as its largest market. The new capital will support aggressive hiring, aiming to 10x its 1,500-person workforce by 2029and the rollout of banking products such as cards and accounts as it evolves beyond payments into broader financial services.
Flatpay Joins Unicorn Club After Raising $170M
