Focalpay

Focalpay is a fintech and commerce platform based in Stockholm, founded in 2021.

The company offers a unified solution that integrates retail, checkout, payment, and back-office operations into a single cloud-native system. Focalpay aims to simplify payment processes for merchants and businesses, enabling seamless in-store and e-commerce transactions. The platform features a range of services, including checkout software for various retail contexts, a payment management service, and a payment initiation gateway for account-to-account payments. It also provides back-office functionality for operational support and analytics, along with campaign management tools. Focalpay's infrastructure is designed to enhance efficiency and reduce transaction fees, while its modular and AI-enabled elements support updates and analytics. With a focus on retailers and businesses, Focalpay targets both in-store and e-commerce environments. The company is led by CEO Birkir Veigarsson and has a small team of around 25 employees. Focalpay has secured seed-stage funding, amounting to approximately $1.4M–$1.5M.