Funded Financial Services Startups in Denmark
The disclosed amounts in this Denmark financial services set are highly uneven: Flatpay’s $168M Series D (2025-11-22) dwarfs the next-largest disclosed rou…
The disclosed amounts in this Denmark financial services set are highly uneven: Flatpay’s $168M Series D (2025-11-22) dwarfs the next-largest disclosed rounds, including Moneyflow’s $249M debt round (2022-09-01) and Lunar’s $77M Series D (2022-03-10), with many other deals clustered in the $1M–$16M range (e.g., Konsolidator $850K on 2024-05-03; Performativ $6M on 2023-11-09). In stage and disclosure mix, “undisclosed” and “Series Unknown” show up multiple times, suggesting incomplete comparability across otherwise similar categories: Simple is undisclosed (2023-09-14), while Riskpoint is undisclosed (2022-07-12), and there are also “Series Unknown” entries such as Konsolidator ($850K, 2024-05-03) and kompasbank ($13M, 2023-01-06).
Geographically, Copenhagen (including multiple rounds in Copenhagen, Hovedstaden) dominates compared with other Danish metros like Aarhus, Odense, and Herlev; Flatpay (Herlev) and Penni.io (Copenhagen) show how location stays within the broader Hovedstaden region even as companies differ. Temporally, the rounds span 2020-08-24 (Keyhole) through 2025-11-22 (Flatpay), with five-plus rounds concentrated in 2023 alone (e.g., Penni.io $6M on 2020-12-29 is outside that cluster, while 2023 includes Monthio? actually 2024; the 2023 entries include Performativ $6M on 2023-11-09, Klimate $4M on 2023-10-17, Marts $2M on 2023-10-03, TaxHelper $760K on 2023-08-03, and Mazepay $4M on 2023-02-08).
Most recent rounds
24 shownRelated listings
Frequently asked
Which disclosed round is the biggest, and is it an outlier versus the rest of the list?
Moneyflow’s $249M debt financing on 2022-09-01 is the largest disclosed amount in these 24 rows, and it sits far above the next-largest disclosed rounds such as Flatpay’s $168M (2025-11-22) and Lunar’s $77M (2022-03-10). After those, many deals cluster much lower, including multiple sub-$10M rounds like Mazepay $4M (2023-02-08) and Klimate $4M (2023-10-17).
Are there “no disclosed amount” or “unknown stage” patterns that limit comparisons across deals?
Yes: two entries list “undisclosed” amounts—Simple (2023-09-14) and Riskpoint (2022-07-12)—so they can’t be used in largest/smallest comparisons. Separately, “Series Unknown” appears on multiple rows (e.g., Konsolidator $850K on 2024-05-03 and kompasbank $13M on 2023-01-06), adding another layer of stage ambiguity beyond the undisclosed amounts.
Which city clusters appear most often, and do any non-Copenhagen cities stand out?
Copenhagen, Hovedstaden is the repeat location across the most rows (for example, Monthio $13M on 2024-10-10, Performativ $6M on 2023-11-09, Penni.io $6M on 2020-12-29, and Pleo $200M on 2021-12-09). Outside that center, other Danish cities are less frequent but present, including Aarhus (Mazepay $4M on 2023-02-08; Impero $980K on 2022-11-16; Lunar $77M on 2022-03-10) and Odense (Cardlay $900K on 2022-03-09).
What does the stage mix look like among the disclosed rounds (ignoring undisclosed amounts)?
Disclosed rounds span many stages, but “Seed” is common: Performativ $6M (Seed, 2023-11-09), Klimate $4M (Seed, 2023-10-17), TaxHelper $760K (Seed, 2023-08-03), Mazepay $4M (Seed, 2023-02-08), Uniify $3M (Seed, 2023-02-06), and Mazepay-related data points like. “Series D” also appears as a meaningful pocket with Flatpay $168M (2025-11-22) and Lunar $77M (2022-03-10), while later-stage scale is exemplified by Pleo’s $200M Series C on 2021-12-09.
Are there temporal concentrations in the most recent years shown (recent 24 rows)?
The list runs from 2020-08-24 (Keyhole $3M) to 2025-11-22 (Flatpay $168M), with noticeable activity during 2023 and 2024. For instance, 2023 includes Performativ $6M (2023-11-09), Klimate $4M (2023-10-17), Marts $2M (2023-10-03), TaxHelper $760K (2023-08-03), and Uniify $3M (2023-02-06), while 2024 includes Monthio $13M (2024-10-10), Scaleup Finance $8M (2024-03-26), and Konsolidator $850K (2024-05-03).
What are the most notable small-ticket disclosed rounds, and do they cluster by time?
Among disclosed amounts (excluding “undisclosed”), the smallest is hiveonline at $100K on 2021-02-01; other low disclosed deals include Fellow Pay $360K (2022-06-01) and ZTLment $1M (2022-10-19). These smaller rounds sit in the 2021–2022 window more than the 2024–2025 entries, where disclosed amounts tend to be higher—for example, Flatpay $168M (2025-11-22) and Monthio $13M (2024-10-10).
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