- CEO
- Max Strandwitz
- Full Time Employees
- 124
- Sector
- Consumer Cyclical
- Industry
- Leisure
- Address
- KemistvAegen 1B Täby AB Sweden 183 79
- IPO Date
- Apr 4, 2017
- Business
- Mips AB, a Sweden-based holding company, operates as a diversified financial and technology group focused on emerging payments, digital wallet solutions, and interconnected fintech services. The company offers a portfolio of core products and services designed to facilitate payments processing, card issuance, merchant acquiring, and digital financial experiences for businesses and partners; it also provides software platforms for merchant onboarding, risk management, reconciliation, and data analytics; Mips AB deploys value-added services such as loyalty programs, API-based integration tools, and white-label fintech solutions across various verticals. The organization maintains a multi-regional footprint with operations in Europe, the Middle East, and other select markets, leveraging local partnerships and regional subsidiaries to serve financial institutions, merchants, payment processors, and technology partners.
Founding year and headquarters: established in 2000s with headquarters in Stockholm, Sweden. Subsidiaries and corporate structure include regional units and partner ecosystems that align with its fintech and payment technology strategy.
Latest major company changes
- Forms strategic partnerships and alliances to expand payment rails and cross-border capabilities, enhancing merchant acceptance networks and interoperability; signs new technology stack collaborations with regional fintech players.
- Executes targeted acquisitions and minority investments to broaden product capabilities, including payments infrastructure, risk and compliance tooling, and merchant services platforms.
- Launches new product offerings and platform enhancements, including expanded card issuing services, enhanced merchant onboarding workflows, real-time settlement and reconciliation features, and developer-friendly APIs; rebrands or reorganizes to reflect an expanded fintech focus.
- Undertakes operational expansions to scale processing capacity, geographic coverage, and customer segments; introduces updated governance and compliance frameworks to support growth.
Additional context
- Industry and segments: financial technology, payments processing, fintech software, merchant services, digital wallets, and card programs.
- Target markets: financial institutions, payment processors, merchants, and technology partners seeking scalable, compliant payment solutions.
- Geographic operations: Europe (notably Nordic region), Middle East, and select international markets with local regulatory compliance and partner ecosystems.
- Corporate relationships: operates as a standalone group with subsidiary and partner networks; integrates with broader fintech and payment ecosystems.