Payer is a licensed Swedish payments company focused on digital B2B payments for large corporate customers on a pan-European and global basis. Payer is a founder led company by CEO Peder Berge and has approximately a hundred shareholders. The second largest shareholder in Payer is Katalysen & Partners which is a Swedish-Swiss venture partner company. Approximately 35% of the company is owned by the founder, employees or board members. History:
The company was founded in 2007 and was building payment solutions for the B2C e-commerce industry the first 10 years. Over that time it attracted a few hundred merchants to its customer base.
The company made a decision in 2017 to build and launch an entire new API platform, and its business model, to be able to cater to the growing B2B segment of e-commerce that until today has largely been untapped. Products:
Payer is offering three sets of solutions for B2B merchants. Conversion, Payment and Post-purchase.
- Payer’s conversion services allows the merchant to trust new customers and let trusted customers buy with ease.
- The company is offering payment types such as invoice, card, bank and local payments methods as well as payouts.
- The post-purchase solution is related to automated administration across the merchant’s ERP, BI and bookkeeping systems.
Payer Financial Services AB (corporate identity number 556736-8724) is an authorised Swedish payment institution under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). Payer conducts payment services in accordance with the Swedish Payment Services Act (2010:751) and Directive (EU) 2015/2366 on payment services (PSD2) and can provide cross-border payment services within the EU/EEA.