About Paywerk
Paywerk is a Financial Services company based in Tallinn (Estonia) founded in 2021 by Rain Pikand, Erkki Saarniit, Priit Poldoja, and Jan Andresoo, and was acquired by Swedbank in July 2024. Card-based buy now, pay later services are provided for payments. The company has 1 employees. Its chief executive, as recorded, is Jan Andresoo. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Paywerk AS.
Company details
Paywerk was established in 2021 in Tallinn, Estonia, within the fintech sector. Card-based buy now, pay later payment services are offered to support merchant transactions. Flexible payment options are extended to consumers, with integration into existing systems for seamless processing. Secure solutions are delivered for both businesses and customers. Licensing for payment services has been obtained from the relevant authority.
- Headquarters Tallinn, Estonia
- Employees 1
- Founders Rain Pikand, Erkki Saarniit, Priit Poldoja, Jan Andresoo
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website paywerk.co
- Social LinkedIn Facebook
- Acquired by Swedbank (Jul 2024)
- Legal Name Paywerk As
Investors in Paywerk
Paywerk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Swedbank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are offered to individuals and corporates. | 1820 | swedbank.com | Stockholm, Sweden |
Investor details for Paywerk
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People of Paywerk
4 people are tracked at Paywerk (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Rain Pikand | Co-Founder | Leadership |
Erkki Saarniit | Co-Founder | Leadership |
Priit Poldoja | Co-Founder | Leadership |
Jan Andresoo | Co-Founder & CEO | Leadership |
Complete people profiles for Paywerk
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Timeline of Paywerk
2 dated milestones of Paywerk across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Paywerk is founded.
- Exit Acquired by Swedbank.
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Related news about Paywerk
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Frequently Asked Questions about Paywerk
Paywerk was founded in 2021.
Paywerk is headquartered in Tallinn, Estonia.
Jan Andresoo is the CEO of Paywerk, as recorded in our data. They have also founded this company.
Paywerk has 1 employees.
Annual revenue of Paywerk is $227.26K as on Dec 31, 2021.
Paywerk was established in 2021 in Tallinn, Estonia, within the fintech sector. Card-based buy now, pay later payment services are offered to support merchant transactions. Flexible payment options are extended to consumers, with integration into existing systems for seamless processing. Secure solutions are delivered for both businesses and customers. Licensing for payment services has been obtained from the relevant authority.
Paywerk has 1 investor. Key investors include Swedbank.
Paywerk operates through Paywerk As.
Yes. Paywerk was acquired by Swedbank in July 2024.