Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Norwegian digital payments solutions Fintechs Payr and Hudya Merge


Børge Leknes, CEO of Hudya

Norwegian fintech Payr, a mobile banking and product comparison app and Hudya, a Norway-based startup providing a two-sided marketplace for consumers for all sorts of utilities have merged together to develop a digital platform for everyday services.

Together they have ambitions for international expansion. Espen One, CEO and co-founder of Payr, believes the two companies complement each others goal of developing financial solutions in the Nordic region

Børge Leknes, CEO Hudya Group commented, “Hudya Group follows a systematic growth strategy in its efforts to simplify consumers everyday lives, and that they are well on their way to gather consumer-oriented services and products on their platform. The merger with Payr is an important part of this strategy.”

With this merger, Payr becomes a part of the company with well-developed distribution networks. Payr will become part of Hudya´s Payments department, and Payr CEO Espen Einn will be appointed as the Chief Payments Officer in Hudya. The new company will work together with technical solutions for simplifying personal finances.

Recently Payr has garnered attention in the industry because of its Payr app.

Payr is a Norwegian fintech company that has developed an app for bill payment. The company received a license from Finanstilsynet in February 2017, and in June 2017 launched its app for bill payment. As of today, the company has 40,000 registered users in Norway who have made payments of more than NOK 1 billion.

Related IBS Intelligence Research

Related Posts


NAB to recruit bankers and advisers for high net wealth clients

National Australia Bank (NAB) announced that it will recruit 50 new bankers and advisers, as part of its new strategy to provide high net wealth clients with a single point of access for their financial needs, ranging from wealth creation, business growth to retirement needs and philanthropic investment. JBWere CEO and leader for NAB Private, […]

This post is only available to members.

Read More »

EQ launches new automated complaints management product

EQ has announced that it is launching a new automated complaints management product for the financial services industry, EQ Complaints Professional. The new solution is expected to enable firms to enforce their FCA compliance immediately as well as continually as regulation changes. Andrew Edler, MD of EQ Charter, commented, “We are delighted to bring this […]

This post is only available to members.

Read More »
bank, FinTech, neobank, smartbanks, challenger banks, Asia

Australia’s big 4 banks welcome the launch of open banking

The Competition and Consumer (Consumer Data Right) Rules went live on July 1, in Australia. This has been welcomed by the big 4 banks of the country – ANZ, Westpac, Commonwealth Bank and NAB where they will be sharing their customers’ data with third parties, when requested by the customer. Angus Sullivan, CBA’s Group Executive […]

This post is only available to members.

Read More »

Lendio facilitates $8 bn in PPP loans to 100,000 small businesses

Lendio, a leading marketplace for small business (SMB) loans, announced that the company has till now facilitated $8 B in Paycheck Protection Program (PPP) loans for 100,000 small businesses. The firm’s partnership with 300 SBA-approved financial institutions and FinTech leaders has helped the company to secure COVID-19 relief funds for several underserved segments of the […]

This post is only available to members.

Read More »