FarPay sold to POM Group

Transaction

Sell-side

Undisclosed

Role

Adviser to FarPay on its sale to POM Group

Sector

Tech & Tech Services
Business Services

Region

Denmark

We have advised fintech company, FarPay, on its sale to POM Group (POM), backed by private equity fund, Vortex Capital Partners.

Founded in 2014, FarPay helps its more than 1,500 customers make their daily bookkeeping easier, with an all-in-one invoicing solution that handled more than 14 million invoices in 2024. FarPay has offices in Copenhagen and Tórshavn in the Faroe Islands.

This transaction marks the beginning of a new chapter that will strengthen POM’s position in Northern Europe. For FarPay, it opens up opportunities for new features, offers, networks, and new markets that will take the company's technology to the next level. FarPay will continue as an independent brand within POM, with its own team, management, and base in Denmark – now strengthened through closer collaboration with POM to accelerate innovation and bring new features to the market faster as part of the group's European growth strategy.

We have embarked on a new, strong capital with POM Group, where we continue as our own brand, while becoming part of a larger set-up, where together we become an important pan-European fintech player in payment solutions. We have been very impressed with the Clearwater team, who have advised us professionally and with a steady hand all the way to the finish line. It is obvious that the team draws on a wealth of experience and in-depth knowledge of our sector, and we have been impressed by how sharply they have structured our process and understood and presented our company and business.
Rasmus Overbeck Christensen, CEO, FarPay

It has been a privilege for us to support the owners and management of FarPay through a focused, bilateral process with a single strategic buyer. Based on our experience in negotiation techniques, strong process execution, and deep understanding of payment solutions and software, we have helped FarPay with a transaction that opens up new growth opportunities as the leading Nordic platform within the POM Group.
Per Surland, partner, Clearwater