Payments startups in Denmark
There are 105 Payments startups in Denmark which include Pleo, Flatpay, Clearhaus, Shopbox, MitID. Out of these, 45 startups are funded, with 23 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 4 new companies have been launched annually.
Here is the list of top Payments startups in Denmark

1. Pleo
SaaS-based provider of expense management solutions for business travel. They provide solutions that include automated expense reports, accounting tools, receipt matching, accounting integration, fraud detection, and more. It provides corporate expense cards to employees, linked to a mobile app. It also offers real-time notifications, categorization of purchases, and integration with accounting systems. It offers an app-based platform that is available on iOS and Android devices.
Key facts about Pleo
- Founded Year: 2015
- Location: Copenhagen (Denmark)
- Stage: Series C
- Total Funding till date: $434M
- Investors: Kinnevik, Thrive Capital and 15 Others
- Latest Funding Round: Conventional Debt, May 02, 2024, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 2 of 130 Competitors
2. Flatpay
POS payment acceptance solution for businesses. Simplified card payments for small and medium-sized merchants enabling businesses to accept card payments with a POS payment terminal and POS system, card swipes, and contactless payments.
Key facts about Flatpay
- Founded Year: 2022
- Location: Herlev (Denmark)
- Stage: Series B
- Total Funding till date: $70.1M
- Investors: Dawn Capital, Hedosophia and 2 Others
- Latest Funding Round: Series B, Apr 17, 2024, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 2 of 21 Competitors
3. Clearhaus
Clearhaus provides Merchant acquiring solution for the payment industry. It features solutions for a merchant account, multi-currency payment processing, chargeback management, account reconciliation, online payment, recurring transactions, and more. It also offers tools for fraud management and transaction monitoring.
Key facts about Clearhaus
- Founded Year: 2011
- Location: Aarhus (Denmark)
- Stage: Series B
- Total Funding till date: $7.36M
- Investors: Black Swan Venture Capital
- Latest Funding Round: Series B, May 29, 2015, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 7 of 169 Competitors
4. Shopbox
Shopbox provider of cloud-based POS and checkout solutions for businesses. The solution allows merchants to manage their sales, inventory, employee management, and payments. The software is compatible with various hardware to carry out the payment issues. Its additional features include a customer loyalty program, reporting, and more. It can be integrated with multiple e-commerce platforms such as Woocommerce, Magento, Shopify, etc.
Key facts about Shopbox
- Founded Year: 2011
- Location: Copenhagen (Denmark)
- Stage: Series A
- Total Funding till date: $4.06M
- Investors: Pimino Ltd, Zenith Group and 5 Others
- Latest Funding Round: Series A, Dec 30, 2020, $*****
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 9 of 462 Competitors
5. MitID
Payment authentication platform for unique ID and hardware devices. Primary authenticator and is intended for smartphone and, or tablet. The code display is a small electronic device that displays a one-time password code, audio code reader is intended for people with impaired vision, audio code reader will read the one-time password code out loud and display the code on the screen of the device. Application is made available on Android and iOS devices.
Key facts about MitID
- Founded Year: 2007
- Location: Copenhagen (Denmark)
- Stage: Funding Raised
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 69 of 2,226 Competitors