finextra.com·Apr 9, 2026
Swedbank's PayEx is creating a new company by spinning out part of its operations in collaboration with investment firm Mimir.
For a professional interested in fintech and decentralized finance, the key insight is the strategic move by Swedbank to spin out part of PayEx's operations, forming a new company with Mimir. This indicates a potential shift in focus or strategy that could create opportunities in areas like digital banking or payment processing. Monitoring this development could provide insights into emerging trends or partnerships in the fintech space that might influence competitive dynamics or investment opportunities.