POM, a fintech company specializing in payments and accounts receivable management, announced the acquisition of Danish scale-up FarPay, supported by investment firm Vortex Capital Partners. The move expands POM’s international footprint and combines the strengths of two fintech innovators to create a scalable European platform for invoicing automation, payments, and receivables management, enhanced with AI-driven solutions.
FarPay, founded in 2014, simplifies financial processes for companies across Scandinavia with an all-in-one solution for invoicing and accounts receivable. POM, established in the Benelux and Germany, provides user-friendly payment and receivables management solutions focused on efficiency and reliability. “We are thrilled to welcome FarPay into POM,” said Martijn Brand, CEO of POM Group. “We are combining POM’s focus on intelligent payment solutions, dunning, and receivables management with FarPay’s strength in end-to-end automation of invoicing and payments. By bringing FarPay and POM together, we are creating a leading European platform that offers companies and their customers the best user experience and true peace of mind when paying and collecting outstanding invoices.”
“This marks the beginning of a new chapter in which we take the lead in the next generation of invoice and payment automation solutions in Europe,” said Rasmus Overbeck Christensen, CEO of FarPay. “We have built a company that simplifies financial processes for thousands of customers. By joining forces with POM, we gain the strength to grow faster and further — and bring our shared vision to markets across Europe.”
The acquisition strengthens POM’s position in Northern Europe and provides FarPay access to new markets and networks. FarPay will operate as an independent brand within the POM Group, retaining its team, management, and Danish offices, while collaboration with POM accelerates innovation and European expansion.