Swedbank-owned PayEx is spinning out part of its operations to form a new company together with Mimir. The new company, Everspring, brings an established customer base, a proven technology platform and the employees behind it. The goal is to make digital payments and loyalty solutions simpler, smoother, and more accessible for customers across the Nordics.
Within PayEx, the business has enabled digital services for merchants and partners, including loyalty solutions such as digital gift cards and value codes, IT solutions, and industry-tailored payment and financing solutions. A clear example of the concept’s strength is Medipay – a payment solution that simplifies payments in healthcare and has proven successful in Norway. Medipay is set to launch in Sweden and will then expand across the Nordics. As part of Everspring, these services will now have stronger conditions for further development and scaling.
”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,” says Raymond Klavestad, CEO of PayEx Group.
The transaction is structured as a long-term partnership, with PayEx retaining a significant minority stake in Everspring alongside Mimir as majority owner.
“This is exactly the type of platform we look to build and scale,” says Erik Bork, CEO at Mimir. “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.”
Nelson Walden, previously at Visa, assumes the role as CEO of Everspring Solutions as of April 1, 2026.
“Becoming an independent company gives us the focus and flexibility to fully realise the potential of the platform,” says Nelson Walden. “Our priority is to continue building a modern, scalable payments infrastructure that delivers real value to our partners and their customers.”