Formula 1: Magnussen joins Maldini and Griezmann at fintech unicorn Flatpay
Former Formula 1 driver Kevin Magnussen has joined Paolo Maldini and Antoine Griezmann as an investor in fintech unicorn Flatpay. The former McLaren, Renault and Haas motor racer is now a shareholder in the Danish firm, which boasts more than 100,000 European clients. Its chief executive Sander Janca-Jensen said they’re “proud that someone like Kevin [...]
F1 driver Kevin Magnussen has become an investor in Danish fintech unicorn Flatpay, joining a select group that includes former AC Milan and Inter Milan player Paolo Maldini and Paris Saint-Germain forward Antoine Griezmann. The 33-year-old McLaren, Renault, and Haas racer is now a shareholder in the company, which serves more than 100,000 European clients.
Flatpay's CEO, Sander Janca-Jensen, expressed pride that Magnussen wishes to join the firm as a partner. Magnussen's investment portfolio also includes Oakberry, a healthy food-to-go chain, and French football club Le Mans FC, which he co-owns with notable athletes such as former F1 driver Felipe Massa, goalkeeper Thibaut Courtois, and tennis star Novak Djokovic.
Flatpay's CEO praised Magnussen's investment as a natural fit, noting his expertise in retail through his own investment ventures. The fintech company's majority shareholder base comprises key figures such as co-founder Janca-Jensen and colleagues, while major players in the insurtech, data, and cybersecurity sectors lead institutional investment.
Additional venture capital growth funds hold around 30% of Flatpay's shares, with Griezmann, Maldini, Gotze, and Magnussen part of a minority angel investor fund.
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