Polygon 3
About Us

We are Payfaction.

In the connection with the growing demands for digitalisation of businesses, an important step is to be able to sell all your products online. Thus it requires a system that can handle that flexibility, a high level of innovation, and quick response to market changes.

Our Mission:

In the connection with the growing demands for digitalisation of businesses, an important step is to be able to sell all your products online. Thus it requires a system that can handle that flexibility, a high level of innovation, and quick response to market changes. That is what Payfactions mission is, to be an all-in one marketplace for your business to handle all aspects of your online business, in one simple platform.

Our mission
Our story

Our Story:

After working in the ecommerce industry for more than 15 years, we have seen a need for a platform that could provide such versatility that payfaction does.

Being transparant about-payfaction the product and pricing, and for you to create your own shop without our intervention. We want you to have piece of mind with one single platform that can handle all the challenges that occurs, be able to accommodate them easy, and focus on growing your business.

Core values

Value block

Customer Success

Our success comes with customers first. Our team with experts at selling products and services will always guide your business for how you can get biggest return.

Value block

Consistency

By switching to payfaction you will get a platform of high standard technologically, where focus on speed, user experience, redundancy and backup routines are taken with high precautions.

Value block

Innovation

The constant growth for the innovation creates challenges that only modern platforms can solve, our role is be on top of all requirements in the market and create a community for feedbacks from the customers.

Leadership
linkedIn
People biography

Theodor Kaalsaas

Co-founder and CEO

Theodor serves as CEO and is responsible for Payfaction’s overall management and direction. He has Master of Science (MSc) International Business and BBA. Previously Head of Partnerships Move Closer / HypeMe, Data Analytics at Nordea.

linkedIn
People biography

Jan Erik Kaasa

Chairman

Jan Erik leads the board of the company and builds the organization of management, culture, sales and strategy. He has extensive experience as previously a CEO of Amesto TechHouse, a development house with more than 1000 employees in the Group and worked with IT Management, AI and business solutions for 30 years.

linkedIn
People biography

Mikkel Selente

Co-founder and Chief Product Officer

Mikkel leads the development and design process of the product, focusing mainly on product technology and business strategy. Previously 10 years experience as IT Development Manager and have a broad background from building technology products. Previously established and sold 2 startup companies within Smart Home/IoT and an IT Consultancy agency.

linkedIn
People biography

Patrick Hristov

Co-founder and Chief Sales Officer

Patrick leads the Sales and Marketing growth organization of the company and builds awareness, demand and loyalty across all channels. 10 years experience as a Sales Manager, Project Manager and Investment Advisor. From working spaces as Yellow Pages, JobAssigner, Cubatorlab.

Advisory Board
People biography

Kjetil Kriken

Kjetil is advising and contributing with knowledge of what solutions are in demand in the market, connect with different partners and providing market insight and strategy. He is the general manager of Ekstremsportveko, The biggest extreme sports festival in the world - located in Voss, Norway. The festival has around 25 000 visitors, 1500 athletes from 50 nations.

People biography

Terje Røren Johansen

Terje is using Payfaction as his destination solution and advising us on the hands-on user experience, market insight and strategy. Terje is general manager of Adventure Helgeland which is organized as a cluster of many activity businesses in the region and is one of the most popular experience destinations in Norway.

People biography

Petter Haugen

Petter is advising and contributing to connect with different destinations and providing market insight and strategy. Has extensive knowledge from the government and destination market, previously served as Chief Municipal Executive with responsibility for 600 employees and building municipality to achieve sustainability, social security and innovation.

Milestones

2021 October

Launched MVP and Product Market Fit activities

2021 December

Got our first angel investor

2022 March

Got our first professional investor

2022 April

Launched a commercially ready platform, new company profile and homepage

Logotype

One system for all booking needs.

All the tools and services you need to start, run, and scale your business.

hello@payfaction.com
+47 401 76 718
Payfaction AS
Pilestredet 52
0167 Oslo, Norway