Hudya Group and Payr announced a merger deal.

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.