Global law firm White & Case LLP has advised Zimpler AB (Zimpler), the fastest-growing Pay by Bank network in the Nordics, on its acquisition by TrueLayer Limited (TrueLayer), Europe's leading Pay by Bank network.
This landmark transaction unites two of Europe's most innovative Fintech companies, creating a pan-European Pay by Bank powerhouse with expanded coverage across key markets including Sweden and Finland, and a combined network serving over 20 million users. This acquisition is a major step in accelerating the shift from legacy card payments to smarter, faster and more secure account-to-account payment methods across the continent.
White & Case partner Patrik Erblad who led the Firm's deal team, said: "We're delighted to have advised the founders and shareholders of Zimpler on this highly significant transaction. It's been a pleasure working alongside the Zimpler team, including founders Johan Friis and Kristofer Ekman Sinclair, CEO Johan Strand and Head of Legal Petra Schück. Zimpler has built a powerful, fast-growing network in the Nordics, and its acquisition by TrueLayer will create a formidable, combined entity that is poised to lead the next evolution of payments in Europe. Our role in executing this complex, cross-border deal underscores White & Case's deep expertise in supporting game-changing transactions within the fintech sector."
The White & Case team which advised on the transaction was led by partners Patrik Erblad (Stockholm & London) and Margot Berry (London), and supported by associates Rebecka Tedroff and William Hagglund (both Stockholm), Gaia Pattyn, Siobhan MacLoingsigh, Frederick Labovitch and Sara Fathi (all London).
Specialist input was provided by partners Lindsey Canning, Tim Hickman and Will Lund and associate Alec Buchanan (all London).
Press contact
For more information please speak to your local media contact.
