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, making payments more affordable for small businesses and easing costs for consumers. It achieves this by removing intermediaries that inflate fees and by offering a European-first solution that operates independently of global payment providers, ensuring user 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 users relying on its services, and is rolling out successfully with Trade Republic.
“Payment fees are very significant, but hidden from consumers. With FLIZpay, we make payments more accessible for companies and give consumers control over the price of their purchases,
said 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 help FLIZpay pursue its goal of becoming the mobile payment method of choice in Germany and across the EU.
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