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INTERNET | Internet Software & Services / Accounting & Finance
farpay.io

About FarPay

FarPay integrates directly with accounting systems and makes it easy for customers to pay invoices.

Headquarters Location

Sundby Parkvej 8

Copenhagen, 2300,

Denmark

+45 71 99 33 55

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Expert Collections containing FarPay

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find FarPay in 1 Expert Collection, including Fintech.

F

Fintech

12,418 items

Excludes US-based companies

Latest FarPay News

FarPay changes management to strengthen the company

May 9, 2023

May 9, 2023 FarPay Sp/f’s board has set the course towards strengthening FarPay’s business outside the Faroe Islands even more, after the Danish subsidiary, FarPay ApS, has been appointed Børsen Gazelle two years in a row. In this connection, FarPay Sp/f’s board of directors has decided to dismiss the current director, Sámal Samuelsen, and instead employ the Dane Rasmus Overbeck Christensen as the new director. Photo: Rasmus Overbeck Christensen Rasmus Overbeck Christensen, who is 49 years old, has more than 20 years of experience from large companies, such as Milestone Systems, SimCorp and Dansk Industri, within strategic marketing. The main task for the new director will be to increase growth on the Danish market even more by to strengthen sales and marketing, and to strengthen the company’s organization. The new director must also help prepare FarPay for the possibility of entering new markets, such as the other Nordic countries and the DACH countries. Sámal Samuelsen, who comes from the Faroe Islands but resides in Denmark, has been director of FarPay since 2019, when the former director and founder of the company, Bárður Háskor, resigned as director of the company. “FarPay’s board of directors is pleased that Rasmus Overbeck Christensen has agreed to take over as deputy director of FarPay, with the aim of further strengthening the company, including through continued strengthening of growth on the Danish market, and development of the company’s organization. The board is of the opinion that Rasmus Overbeck Christensen has the right skills to be able to solve the tasks, as well as to prepare FarPay for the possibility of entering new markets, such as the other Nordic countries and the DACH countries, and is looking forward to the collaboration with Rasmus Overbeck Christensen, who will take up the position on 1 May 2023”, says Jóhannus Egholm Hansen, chairman of the board of FarPay Sp/f and FarPay ApS. The board also thanks Sámal Samuelsen for his work for the company, first as an adviser and in recent years as director. “Sámal has undertaken a significant task of organizing and structuring the company’s internal processes, etc., so that the company is ready for continued growth”, adds Jóhannus Egholm Hansen, chairman of the board. *The article has been translated based on the content of IT-Kanalen by it-kanalen.dk . If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much! *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. *We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards! Report Content

FarPay Acquisitions

1 Acquisition

FarPay acquired 1 company. Their latest acquisition was iBill on March 27, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/27/2017

Other Venture Capital

$99M

$1.62M

Acquired

1

Date

3/27/2017

Investment Stage

Other Venture Capital

Companies

Valuation

$99M

Total Funding

$1.62M

Note

Acquired

Sources

1

FarPay Team

4 Team Members

FarPay has 4 team members, including , .

Name

Work History

Title

Status

Andrew Jensen

Founder

Current

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Name

Andrew Jensen

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Work History

Title

Founder

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Status

Current

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