About PayEx
PayEx is a company based in Visby (Sweden) founded in 1972 was acquired by Swedbank in May 2017. PayEx has completed 2 acquisitions, including OKB and WyWallet. PayEx offers products and services including Invoicing and Factoring.
- Headquarter Visby, Sweden
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- Legal Name Payex Group
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Products & Services of PayEx
PayEx offers a comprehensive portfolio of products and services, including Invoicing and Factoring.
Invoicing services are provided to assist with all aspects of the invoicing process for businesses of varying sizes.
Factoring services are offered to enhance business liquidity and enable faster investments through financial support.
People of PayEx
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Funding Insights of PayEx
Investors in PayEx
PayEx has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Xendit, Swedbank and European Union.
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Vestland Group is engaged in technology-focused venture investments.
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Online payment and money transfer platform for businesses
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for PayEx
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Investments & Acquisitions by PayEx
PayEx has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OKB and WyWallet.
Investment portfolio details for PayEx
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile wallet app for payments, transfers, and shopping is offered.
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Web development and ecommerce solution provider
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Complete acquisition details for PayEx
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Financial Statements - PayEx
Detailed financials for PayEx
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Payex Comparisons
Peer comparison for PayEx
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Competitors of PayEx
Detailed competitors of PayEx
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Latest news on Payex
Complete news archive for PayEx
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Frequently Asked Questions about PayEx
PayEx was founded in 1972 and raised its 1st funding round 28 years after it was founded.
PayEx is headquartered in Visby, Sweden. It is registered at Visby, Gotland, Sweden.
PayEx was founded in 1972 in Visby, Sweden, within the financial services sector. Ledger management, factoring, and payment solutions are offered to support business operations. Invoicing services are provided, alongside factoring for liquidity enhancement and retail financing options. E-commerce payments, terminal support, and loyalty programs are included in the portfolio. Multiple payment methods are accommodated for both online and physical transactions across various markets.
PayEx offers Invoicing and Factoring.
PayEx has 4 investors. Key investors include Xendit, Swedbank, European Union, and Vestland Group.