Kustom announces two major deals in two days
It has been a defining week for Kustom, a Yanno Capital portfolio company and one of Europe’s leading checkout solution providers. In just two days, the company announced two transactions that strengthen its Nordic position and accelerate European growth.
Kustoms vd Kamjar Hajabdolahi och Vipps Mobilepays vd Rune Garborg.
SEK 367 million raised — strategic partnership
On March 25, Kustom raised SEK 367 million in a funding round led by Resurs Bank. The investment is paired with a strategic B2B partnership, giving Kustom’s merchants access to Resurs Bank’s financing and invoice payment solutions, while enabling Resurs Bank to offer a Kustom-powered checkout to its clients.
Acquisition of Vipps MobilePay checkout contracts
On March 26, Kustom announced the acquisition of merchant contracts from Vipps MobilePay Checkout, in a deal valued at up to NOK 490 million. The transaction is expected to add over 3,000 merchants and more than NOK 7 billion in annual transaction volume.
The companies also entered a strategic distribution partnership, making Kustom the recommended checkout provider for Vipps MobilePay’s 12+ million users.
Together, these announcements mark a step-change in Kustom’s scale and positioning. Yanno Capital is proud to support the journey and looks forward to what comes next.
