Mimir, a technology investment and development company, has acquired a platform from PayEx, a Swedbank-owned payments business, to launch a new FinTech venture called Everspring Solutions.
The acquisition sees Swedbank’s PayEx spin out part of its operations to form Everspring alongside Mimir, combining an established customer base, a proven technology platform and the team behind it. The goal of the new entity is to make digital payments and loyalty solutions simpler, smoother and more accessible for customers across the Nordics. The financial terms of the deal have not been disclosed.
PayEx has built out a range of digital services for merchants and partners within its operations, including loyalty solutions such as digital gift cards and value codes, IT solutions, and industry-tailored payment and financing solutions. One prominent example of the platform’s capabilities is Medipay, a payment solution designed to simplify transactions in the healthcare sector that has already demonstrated strong performance in Norway. Medipay is set to launch in Sweden before expanding further across the Nordics. Under the Everspring brand, these services are expected to benefit from enhanced conditions for development and scaling.
The transaction has been structured as a long-term partnership, with PayEx retaining a significant minority stake in Everspring while Mimir holds a majority ownership position. The arrangement is designed to maintain continuity for existing customers and partners, with all services set to continue without disruption.
Nelson Walden, previously at Visa, has been appointed as chief executive of Everspring Solutions with effect from 1 April 2026.
PayEx Group CEO Raymond Klavestad said, “Over time, PayEx has built a strong technical infrastructure and a growing base of customers and partners. By establishing Everspring as an independent company, we create the right conditions to accelerate further growth. PayEx remains a committed co-owner and partner, and I look forward to following the company’s continued journey.”
Mimir CEO Erik Bork said, “This is exactly the type of platform we look to build and scale. It combines proven technology, real commercial traction and a clear path to expansion. As a standalone company, we can now accelerate growth, expand into new verticals and scale beyond its current footprint.”
Everspring Solutions CEO Nelson Walden said, “Becoming an independent company gives us the focus and flexibility to fully realise the potential of the platform. Our priority is to continue building a modern, scalable payments infrastructure that delivers real value to our partners and their customers.”
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