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New Deal


Announced

Hudya Group and Payr announced a merger deal.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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FinTech

Merger

Norway

fintech company

Private

Synopsis

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Two Norwegian financial technology companies Hudya Group and Payr announced a merger deal to build a new Nordic fintech giant. Financial terms were not disclosed. Børge Leknes, Hudya CEO, said that the firm follows a systematic growth strategy in its efforts to simplify customers' everyday lives, and that they are well under way to gather consumer-oriented services and products on their platform. The merger with Payr is an important part of this strategy.

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