Swedish B2B payments firm Payer appoints new Chairman of the Board

Dominik Belloin, Board Chairman at Payer

Payer announced that Dominik Belloin, one of its board members, has been appointed as the new Chairman of the Board. Dominik Belloin succeeds Annika Javestad, who served in the role during the development phase. The appointment now awaits the approval of the FSA.

What is Dominik’s industry expertise?

Payer is a Swedish B2B payments company serving the European market. It provides end-to-end payment solutions for enterprise companies within verticals such as Industry, Bank & Finance and Digital Commerce. Payer’s modular API platform is designed to solve complex payment processes for B2B merchants while enabling a ‘consumer grade’ user experience.

The company delivers solutions across the entire order-to-cash value chain with a clear focus on conversion, payment, and automation of accounts receivable. Dominik Belloin brings 34 years of deep international experience in finance industry as advisor and principal for Goldman Sachs, Merrill Lynch, Oddo, the Bertelsmann Group and Kepler Cheuvreux.

What were the executive’s thoughts on the appointment?

“I’m thrilled to have Dominik as Chairman of the Board, someone who will contribute to the acceleration of our journey to become a leader in B2B payment solutions,” Peder Berge said.

“Dominik’s business long history of leadership in finance make him ideal, particularly as we enter the scale-up phase. Now Payer gets an experienced chairman and for me as CEO,  an invaluable support for the road ahead. Payer’s growth is like watching a dream come true!”

“Digital payments are massively disrupting business flows. Payer, with its complete toolbox, is particularly well positioned to help those clients who wish to turn this trend to their advantage. This promises accelerating growth ahead for Payer,” Dominik Belloin said.

Payer’s board of directors currently consists of 5 members and these inclide; Dominik Belloin, Chairman of the Board and former Chief Executive Officer of Kepler Cheuvreux Corporate Finance; Hanse Ringström, Member of the Board of Directors Andra AP-fonden (AP2) former Head of SEB Asia; Peder Berge, founder and CEO; Roland Williams, a Creative Director HiQ and Kai-Stefan Einvik, founder and Managing Partner of Corinthian Venture Partners.