About PayEx
PayEx is a company based in Visby (Sweden) founded in 1972, and was acquired by Swedbank in May 2017. Ledger, factoring, and payment solutions are provided for businesses. PayEx has completed 2 acquisitions, including OKB and WyWallet. Its website payex.com draws about 1.4 million monthly visits. PayEx offers products and services including Invoicing and Factoring. Its legal entity is PayEx Group.
Company details
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.
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.
Funding Insights of PayEx
- Total Rounds 3
- Investors Count 3
All 3 funding rounds of PayEx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | Series A | – | Xendit | – | |
| Apr 2014 | $48,659 | Grant | – | – | |
| Jun 2000 | Unspecified | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Vestland Group is engaged in technology-focused venture investments. | vestland.com | Oslo, Norway | ||
Online payment and money transfer platform for businesses | 2015 | xendit.co | Jakarta, Indonesia | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Commercial banking services are offered to individuals and corporates. | 1820 | swedbank.com | Stockholm, Sweden |
Investor details for PayEx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PayEx
40 people are tracked at PayEx (17 in leadership, 23 in team).
| Name | Role | Group |
|---|---|---|
Andreas Vedung | Head Of Financial Risks | Leadership |
Mia Enblom-Sundvall | Chief Operating Officer Payex Ledger & Factoring | Leadership |
Mattias Vozmediano | Chief Risk Officer (cro) | Leadership |
Nils Karlander | Group Cfo, Payex / Swedbank Pay | Leadership |
Mattias Stenstrom | Head Of IT Operation & Process Support | Leadership |
Niklas Levin | Head Of Sales | Leadership |
Per Cedersten | Head Of Partner Sales | Leadership |
Anita Sohlin | Head Of Business Control Ledger&factoring | Leadership |
Kjell Henriksson | Head Of Large Corporate Sales Sweden | Leadership |
Jenny Slotte Hassel | Head Of HR Sweden | Leadership |
Kajsa Blomgren | Head Of AML | Leadership |
Lisa Forsström | Tf Vice President, Sales & Marketing | Leadership |
Cecilia Kroon (fd Lidholm) | Hr-partner | Leadership |
Angelica Nilsson | Hr-partner | Leadership |
Henrik Magnusson | Hr-partner | Leadership |
Mattias Blomberg | Head Of Sales Strategic Cooperates & Partners | Leadership |
Liina Veidemann | Head Of Sales Growth & Excellence | Leadership |
Gisela Hedqvist | Anti-money Laundering Officer | Team |
Catarina Novac | Key Account Manager | Team |
Christian Schjøtt | Marketing And Key Account Manager | Team |
20 more people are available in the full profile.
Complete people profiles for PayEx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PayEx
PayEx has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OKB and WyWallet.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web development and ecommerce solution provider | okb.no | Oslo, Norway | 2003 | Jun 2016 | •••• | |
Mobile wallet app for payments, transfers, and shopping is offered. | wywallet.se | Stockholm, Sweden | 2011 | Apr 2015 | •••• |
Complete acquisition details for PayEx
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PayEx
Web traffic of PayEx
The website of PayEx (payex.com) receives about 1.4M visits a month and ranks #53,248 among all websites worldwide, #3,357 in Banking Credit and Lending.
- Monthly visits1.4M
▲ 29.4% vs previous month
- Unique visitors540.6K
per month
- Global rank#53,248
among all websites
- Category rank#3,357
Finance · Banking Credit and Lending
- Bounce rate37%
- Pages per visit2.4
- Average visit1 min 35 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with PayEx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
swedbank.se | swedbank.se | 100% | #6,865 | – | |
nordea.se | nordea.se | 100% | #9,841 | – | |
handelsbanken.se | handelsbanken.se | 100% | #13,389 | – | |
| seb.se | 95% | 2.5M | #15,274 | View details | |
| kivra.se | 93% | 1.6M | #57,723 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for PayEx
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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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.
PayEx operates through Payex Group.
Yes. PayEx was acquired by Swedbank in May 2017.
The website of PayEx receives about 1.4 million visits a month and ranks #53,248 among all websites worldwide.