Description
Rune Garborg is CEO of Vipps MobilePay, the leading digital wallet in the Nordics. With 12.5 million users across Norway, Denmark and Finland, more than 350,000 merchants, and over 1.5 billion transactions annually, Vipps MobilePay is one of the largest wallet providers in Europe. Vipps MobilePay illustrates how payment services have been unbundled from traditional banking, with payments moving from banks into standalone digital wallets that operate in close cooperation with banks. The company faces increasing competition from global technology platforms in everyday payments.
