What Does MobilePay Do?

Total employees68
HeadquartersOslo
Founded2013

MobilePay is a leading mobile payment solution in the Nordic region, particularly prominent in Denmark and Finland. It enables users to make easy, fast, and secure payments via their smartphones for peer-to-peer transfers, in-store purchases, online shopping, and bill payments. Originating from Danske Bank in 2013, MobilePay A/S merged with Norwegian payment solution Vipps AS and Finnish Pivo (from OP Financial Group, though Pivo's merchant acquiring later divested) to form Vipps MobilePay AS in late 2022. The merger aims to create a stronger pan-Nordic payment champion to compete with global tech giants. The MobilePay brand continues to be the customer-facing app in Denmark and Finland, known for its user-friendly interface and widespread adoption, simplifying daily financial transactions for millions.

Where Is MobilePay's Headquarters?

HQ Function

Serves as the central corporate headquarters for Vipps MobilePay, overseeing strategic direction, group-level product development, international expansion, and administrative functions for the combined entity.

Notable Features:

Modern office facilities designed to support a leading technology company, fostering collaboration and innovation. Located in a central business district.

Work Culture:

A dynamic, agile, and tech-driven environment characterized by collaboration between Nordic teams. Focus on innovation, user-centricity, and building scalable payment solutions.

HQ Significance:

Represents the unification of leading Nordic payment solutions (Vipps and MobilePay) to create a significant European fintech player. The Oslo HQ centralizes leadership for this ambitious venture.

Values Reflected in HQ: Innovation, Nordic collaboration, simplification of payments, security, and ambition to compete on a larger scale.

Location:

Vipps MobilePay is primarily focused on the Nordic markets: Norway (as Vipps), Denmark (as MobilePay), and Finland (as MobilePay). While the core user base and domestic operations are concentrated in these countries, the company aims to be a strong European payment player. They support payment processing for some international merchants wishing to accept payments from Nordic consumers and are exploring opportunities for further international expansion or partnerships.

Street Address:

Robert Levins gate 5

City:

Oslo

State/Province:

Oslo

Country:

Norway

Where Else Does MobilePay Operate Around the World?

Copenhagen, Denmark

Address: Vester Søgade 10, 6. sal, 1601 København V, Denmark (MobilePay A/S registered address)

To maintain and grow MobilePay's strong market position in Denmark and Finland, tailoring services to local needs and driving user adoption.

Helsinki, Finland

Address: Televisiokatu 4, 00240 Helsinki, Finland (MobilePay Finland Oy)

To drive adoption and growth of MobilePay services in Finland, ensuring relevance and competitiveness in the local payment landscape.

Aarhus, Denmark

Address: Undisclosed specific address, but presence in a key Danish city.

To provide localized support and business development for MobilePay in western Denmark.

Vilnius, Lithuania

Address: Konstitucijos pr. 21A, Vilnius, Lithuania (Vipps MobilePay UAB)

To leverage talent in Lithuania for cost-effective and skilled technology development and support for the Nordic operations.

Buying Intent Signals for MobilePay

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading MobilePay? Meet the Executive Team

As of April 2025, MobilePay' leadership includes:

Rune Garborg - CEO
Claus Bunkenborg - Deputy CEO & Head of New Growth & SMBs
Vegar Heir - Chief Product Officer
Kari Løvaas - Chief People Officer
Even Westerveld - Chief Financial Officer
Frode Riis Andersen - Chief Technology Officer
Merete Stray Jensen - Chief Marketing & Brand Officer

Who's Investing in MobilePay?

MobilePay has been backed by several prominent investors over the years, including:

Danske Bank (28% ownership)
OP Financial Group (Finland, 10% ownership)
DNB ASA (led a consortium of Norwegian banks that previously owned Vipps)

What Leadership Changes Has MobilePay Seen Recently?

Hire0
Exits0

The primary executive changes in the recent period (late 2022-2023) were driven by the merger of Vipps and MobilePay. Rune Garborg (former Vipps CEO) became CEO of Vipps MobilePay, and Claus Bunkenborg (former MobilePay CEO) became Deputy CEO. Other leadership roles were filled by executives from both legacy organizations. No major unexpected exits or hires at the very top level have been publicly announced in the last 12 months post-merger stabilization.

New Appointments:

Rune Garborg, Appointed CEO of the merged Vipps MobilePay entity.
Claus Bunkenborg, Appointed Deputy CEO of the merged Vipps MobilePay entity.

What Technology (Tech Stack) Is Used byMobilePay?

Discover the tools MobilePay uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

MobilePay Email Formats and Examples

Vipps MobilePay, like many corporations, likely uses standardized email formats. The most common formats are variations of first name and last name, or initials combined with the company domain.

[first].[last]@vippsmobilepay.com or [first_initial][last]@vippsmobilepay.com

Format

john.doe@vippsmobilepay.com

Example

90%

Success rate

What's the Latest News About MobilePay?

Vipps MobilePay NewsNovember 1, 2023

Vipps MobilePay news title: Vipps MobilePay surpasses half a billion transactions in first year

One year after the merger, Vipps MobilePay has achieved over half a billion transactions across Norway, Denmark, and Finland. The company reports 11 million users and 400,000 merchants, with significant growth in cross-border payments between the Nordic countries....more

The PaypersFebruary 1, 2023

Vipps MobilePay news title: MobilePay to phase out WeShare app

MobilePay announced its decision to discontinue the WeShare app, which facilitates shared expense splitting, due to the feature being available directly within the main MobilePay app in Denmark and Finland. The company aims to streamline its offerings....more

FinextraOctober 21, 2022

Vipps MobilePay news title: Vipps and MobilePay merger gets final approval

The European Commission granted unconditional approval for the merger of Vipps and MobilePay, including Pivo from OP Financial Group. The new entity, Vipps MobilePay, aims to be a leading mobile payment provider in the Nordics and Europe....more

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