Berlin-based FLIZpay, a startup developing a mobile payment method free of
fees for 90 per cent of companies, has raised $1 million pre-seed funding
round. The investment was led by Antler, with additional support from prominent
angels in the German fintech ecosystem, including Johannes Schaback (former CTO
of SumUp), Sebastian Seifert, Achim Bönsch, and Andreas Veller (viaFinTech founders),
Manuel Sandhofer (EMEA Head of Wise Platform), and Philipp Kreibohm (founder of
home24).
Founded in 2023, FLIZpay is building a mobile payments platform designed to
reduce transaction fees, building payments more affordable for compact businesses
and easing costs for consumers. It achieves this by reshifting intermediaries
that inflate fees and by offering a European-first solution that operates
indepfinishently of global payment providers, ensuring applyr data stays within the
EU.
The market potential is considerable, with Germany alone representing 50
million potential private customers and around €800 billion in annual card and
cash payments. FLIZpay has already gained traction, with over 500 merchants and
more than 50,000 applyrs relying on its services, and is rolling out successfully
with Trade Republic.
“Payment fees are very significant, but hidden from consumers. With FLIZpay,
we build payments more accessible for companies and give consumers control over
the price of their purchases,
declared FLIZpay’s co-founder, Konrad Holtkamp.
FLIZpay was co-founded by Konrad Holtkamp and Roberto Ammirata, who bring
strong professional backgrounds in the financial services sector.
The funding will support FLIZpay pursue its goal of becoming the mobile payment
method of choice in Germany and across the EU.
Leave a Reply