EveryPay is a fully cloud-based payment gateway platform for receiving and processing card payments, open banking payments, and alternative payments. The company was established in 2012 by Kristjan Novitski and Lauri Teder.
Leading banks use EveryPay‘s payment solution in Estonia and the Baltic States – LHV, SEB, and Swedbank. Additionally, more than 2000 merchants using the company’s services generate over 15 million payment transactions with a volume of over €800 million per year.
In March 2022, LHV Group entered into an agreement to acquire EveryPay AS (EveryPay), whereby LHV Group will acquire 100% of EveryPay shares for EUR 8 million. EveryPay shareholders will subscribe to new shares issued by LHV Group for the amount received. In essence, this is a share exchange transaction.