An innovative technology partner providing state of the art digital payment solutions for banks and financial institutions
Who we are
Global reach, local knowledge. Enabling digital commerce.
It all began in 2009 when the founders of Payair Technologies identified an opportunity in the market for scalable digital products for banks and financial institutions to stay relevant for tomorrow’s needs in the fast paced fintech industry.
We started off by developing the Payair application, which allowed consumers to complete their purchase within seconds, shopping directly with their mobile phone both online and in stores. Businesses accepting payments by Payair benefited from simplified, faster transactions and could also increase sales from spontaneous purchase decisions.
Additionally, we built our own PSP and got PCI DSS certified. The Payair app laid the foundation for further development where we now offer a wide range of digital payment solutions.
Today, Payair is an important driver across the Nordics and Europe as well as an industry leading provider of digital payment services. In short, we work in partnership with the payment card schemes to assist banks and financial institutions to build and implement smart and innovative digital payment solutions. We have been a partner to Mastercard since 2015 and are currently top-ranked on their global “Digital vendors” list, which we have been since the inception of the list.
Our vision is outsourced innovation, where banks and financial institutions don’t have to build and host their own technical platforms. Instead we provide value by making the products easy to integrate and adapt to the local market for the best possible customer journey.
We are an agile company who is constantly evolving and strive to offer our partners the best products and services, for the consumers to enjoy fast and easy to use digital payments solutions making their lives easier. We always have our ear to the ground to hear what’s next.
“Payair is driven by finding the best digital payments solutions for banks and financial institutions to offer their customers easy and safe ways to pay. With our experienced team and deep knowledge within the fintech industry, we can be your partner for the future”, says Sören Babra, CEO Payair Technologies.
With a broad range of experiences in the payments sector and in creating start-ups all around the globe, the members of the management team are dedicated to taking Payair into the next era.
CEO & Founder
Sören has many years experience from senior sales and marketing positions within the data and telecom sectors. Sören has extensive leadership experience amassed from senior sales and marketing positions within the data and telecom sectors, most recently as sales and marketing director of Street Media 7 AB, a start-up company in the mobile application business.
Erik is as a former economy and financial consultant who has built up extensive experience in the retail business as owner and manager. Erik holds a Master's degree in finance from Uppsala University and completed Computer Science studies at the University of Western Sydney, Australia. His entrepreneurial talents have seen him involved with several successful start-ups, mainly in the retail sector.
Petter has around 20 years experience of general management and successfully building new ventures both in Sweden and internationally with companies such as Millicom, Goyada, Three and Com Hem. He has amassed broad experience in leading positions in product and business development, as well as consulting background from McKinsey & Co. Petter, who holds an MBA from Harvard Business School, particularly enjoys working for high-growth companies and combines innovation with operational execution.
Maria has extensive knowledge and experience from the financial payments industry in both Sweden and the UK, with accountability for Nordic and International markets. Maria held a number of leadership positions at American Express, and as marketing director for the Nordic consumer business she managed business development, business transformation, product development and marketing for existing customers as well as operational risk for the legal entity. Maria has a wealth of experience in loyalty programmes and project management.
Sebastian has more than 11 years of experience from developing. During this time he has built up several payment platforms for companies in the financial payment industry such as Auriga, Svea Ekonomi and Payair. Sebastian has a degree of bachelor of science in engineering from KTH Royal Institute of Technology.
Ville was part of the successful startup team of Ongame and is also a co-founder of the social gaming platform Spogg. Ville studied a Masters Program in Computer and Information Engineering between 1997-2001, before becoming a part of the successful startup team of Ongame.
Okhtai has more than 15 years of experience working with customer solutions. Most recently in the media and finance sectors. Okhtai brings a customer centric approach with high priority on communication and corporate quality. “I see myself as a corporate MacGyver solving problems and facilitating where It’s needed” Okhtai has a degree in Computer and systems science focusing on project management.
The shareholders have entrusted the supervision and guidance of Payair to a board of highly motivated, C-level individuals representing a wealth of experience in the Financial Services Industry globally.
Chairman of the Board
Close to 20 years of experience from active ownership at one of the leading private equity firms - Nordic Capital. Ulf Rosberg is a Senior Advisor and partner at Nordic Capital. Previously, Mr. Rosberg has held positions in corporate finance at Enskilda Fondkommission and was a Partner at Leimdörfer Bernhardtson Westerberg & Partners. He serves as a Director at Mölnlycke Health Care, Bufab, Nefab AB since 2007. Ulf held the position as Director at Bult Finnveden AB and Ahlsell AB. Ulf holds an M.Sc. in Economics from the Stockholm School of Economics and a major in Finance from New York University, Stern School of Business in New York.
Lennart is an investor in real estate and wind power through private company Property Dynamics AB and has been CEO for several companies. Among his previously held positions, he was the CEO of the listed property company Näckebro AB, Akademifogde at Uppsala University and CEO of Åke Larson Construction, Inc in Boston, USA. He is also Chairman of Kelisec AB, as well as a Board Member of Catena AB and Lönnbacken Fastigheter AB. Lennart obtained his Master of Science from Chalmers in Sweden and a graduate of the Advanced Management Program at Harvard Business School.
Magnus is an experienced strategist and driven business developer with a solid background from senior roles in several industries. He has held line positions as Director of Concept Strategy at Scandinavian Airlines, Director New Business and Partnerships at American Express and Group Business Manager at New Ventures, Tele2. Based on previous experience and several years as senior consultant he has gained deep understanding of the ongoing digital transformation and the mobile commerce arena within the financial industry as well as in retail. Magnus holds a Master of Science from Luleå University of Technology and is a graduate of the Economics program at Stockholm School of Economics.
Erik works with strategy and strategy implementation on a group level at Camfil AB where he is also a deputy board member. He has previously worked for Texas Instruments as Product Manager responsible for a wireless technology used in e.g. home automation and mobile payment systems. Erik is the chairman of Aquade Dental AB. He holds a Master of Science from Chalmers University of Technology and an Master in Business Administration from IMD in Switzerland.
CEO & Founder
Sören has long experience from senior sales and marketing positions within the data and telecom sectors. Prior to being founder of Payair, his most recently adventures were Sales and Marketing Director of Street Media 7 AB, a start-up company in the mobile application business.
“As a developer at Payair, I feel I play an important part in the evolution of new and innovative solutions within the fintech industry. I really like working in such an agile and forward-thinking environment.”
“We are in a complex industry that is constantly changing due to the ongoing digitization of payments. As a project manager I really get to work with all parts of a project, gaining new insights from both colleagues and clients”.
“I work within sales and it is truly fascinating to partner closely with our clients to really understand their needs and challenges. For Payair partnership is key and once in place, we can really find a solution that match their vision within digital payments.”