Payair receives further investment of SEK 25 million

Payair has successfully completed a directed equity issue, generating a cash injection of SEK 25 million from existing shareholders.

“The investment lets us focus on our core business and enables us to make viable long term business decisions”, says Sören Babra, CEO, Payair Technologies.

“We are confident that Payair will succeed in capturing a significant market share and build new business with Nordic financial institutions and global payment systems. Ensuring a strong capital base is a critical success factor in this work“, says Ulf Rosberg, Chairman, Payair Technologies.