# Focalpay: Retail, Stockholm, Sweden

> Focalpay: Focalpay is a fintech and commerce platform based in Stockholm, founded in 2021. Based in Stockholm, Sweden. Founded 2020.

Source: https://millionrounds.com/startup/focalpay (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Retail startup](https://millionrounds.com/companies)

# Focalpay

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

Funding reported Last round: Seed

Retail Stockholm, Sweden

Company summary

- **Founded:** 2020 6 years old
- **Team:** 6 1 to 10 people
- **Funding reported:** 15M as listed, currency not stated
- **Last round:** Seed Mar 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Focalpay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About 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.

## What company datasets say Focalpay raised

Funding, as reported

Reported in all **15M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **1.8M**

Last round date **Mar 2023**

Investors listed **1**

## The company, in detail

What they build

Known for

security information technology & services financial services environmental services sustainability commerce fintech backoffice payments innovation renewables & environment retail finance technology

Built with from their website

Google Tag Manager JUnit Google Workspace Viewport Meta Atlassian Confluence webpack AI Google Meet React Salesforce

+8 more

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- **Sector:** Retail
- **Industry code:** NAICS 513210, 522320, SIC 7372, 7389
- **Region:** Stockholm County
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/focalpay)

## Retail in Sweden

Startups like it

- [**Apohem** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/apohem)
- [**Kids Brand Store** Vaesteras · founded 2011](https://millionrounds.com/startup/kids-brand-store)
- [**Babyshop Group** Stockholm · founded 2006](https://millionrounds.com/startup/babyshop-group)
- [**Klättermusen AB** Åre · founded 1975](https://millionrounds.com/startup/kl-ttermusen-ab)
- [**Carla** Stockholm · founded 2020](https://millionrounds.com/startup/carla)
- [**NO ME of Sweden** Stockholm · founded 2015](https://millionrounds.com/startup/no-me-of-sweden)
- [**MEDS Apotek** Stockholm · founded 2017](https://millionrounds.com/startup/meds-apotek)
- [**Clean drink** Stockholm · founded 2015](https://millionrounds.com/startup/clean-drink)

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