Payer Financial Services AB has filed for bankruptcy

It has come to the attention of Katalysen Ventures AB (publ) ("Katalysen"), that Payer Financial Services AB ("Payer") has filed for bankruptcy over the past weekend. Further updates will follow once Katalysen has further evaluated the situation.

Payer, a company within Katalysen’s portfolio that has faced financial challenges and significant internal conflicts between its top management and owners over the last two years has decided to file for bankruptcy over the past weekend.

Katalysen initially invested in Payer due to its focus on B2B payments and innovative solutions built upon its robust modular technical platform.

Katalysen will now evaluate whether most assets of Payer could be interesting to acquire within Katalysen's new Venture Targeter Framework. This framework offers the opportunity for an operational team to participate alongside Katalysen, experts, and investors.

Katalysen remains committed to transparency and will provide updates on the financial implications of this situation as soon as they become available.

For more information on Katalysen Ventures, please contact:
CEO Peter Almberg
Phone: +46 76 860 37 00
E-mail: contact@katalysen.com
Web: www.katalysen.com

About Katalysen Ventures: Katalysen Ventures, established in 2016 in Stockholm, is a publicly listed venture developer for entrepreneur-led ventures. From our offices in Stockholm and Geneva, we actively support our portfolio of early-stage innovation ventures. As a dynamic force in the startup ecosystem, we propel visionary ideas to tangible success. With a passion for disruption, we empower entrepreneurs, provide strategic guidance and hands-on support, and fuel growth through our diverse network of venture co-developers and co-investors.