Series A · Fintech · Copenhagen, Denmark · Founded 2017 · 40–50 employees
Pie Systems is a Copenhagen-based fintech startup that has digitized VAT refund processing for tourists and merchants, replacing traditional paper-based systems with a mobile-first platform. The company operates across Europe and Japan, partnering with thousands of stores and major retailers to streamline tax-free shopping. They've raised multiple funding rounds totaling around $4M and have grown to 44 employees while establishing a strong presence in the Nordic region and expanding internationally. The startup has built significant traction by targeting high-VAT countries like Denmark and working with shopping malls and retail partners to implement their PIE VAT digital solution.
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