Flattr Raises €1.6M in Funding
Flattr, a Malmö, Sweden-based social micro-payment system, has raised €1.6m in funding.
Backers included Passion Capital and Federico Pirzio-Biroli.
The company intends to use the capital to improving its service, growing the user base with focus on Europe (Germany, UK and Sweden) and building the team.
Founded in 2007 by Peter Sunde Kolmisoppi, Flattr allows content owners (bloggers, developers and other creators) to attach and accept micro donations through a button on their website.