Add organization

Who owns Vipps, and when was it launched?

The history of Vipps, its owners and the merger with MobilePay.

Answered at: Checked at:

Short answer

Vipps launched in Norway in 2015 and is now run by Vipps MobilePay AS, owned by Norwegian banks such as DNB and SpareBank 1 together with Danske Bank. Vipps was part of the DNB Group until 2017, when it became a separate company. The EU Commission cleared its merger with MobilePay in October 2022.

Digital payments in Norway a payment card tapping a terminal, a phone with a simple payment icon and one krone coin

Why

  1. When Vipps became a separate company in 2017, DNB owned about 52 per cent, the SpareBank 1 alliance 25 per cent, independent savings banks 12 per cent, the Eika alliance 10 per cent and Sparebanken Møre 1 per cent.
  2. Under the 2022 merger, Danske Bank was to own 27.8 per cent directly and Vipps Holding, owned by Norwegian banks including DNB, SpareBank 1, Eika and Balder, 72.2 per cent.
  3. Vipps MobilePay says MobilePay was launched in Denmark in 2013 and that the company now has more than 12 million users.

Details

Vipps MobilePay has about 600 employees and offices in Norway, Denmark and Finland. Private users send money to friends for free up to a limit, while businesses pay a fee per transaction, for example 1.75 per cent for a Vippsnummer.

Tip

If you run a business, check the public price list first: Vipps MobilePay says other price levels can be agreed on request.

What may differ

The ownership shares come from 2017 and 2022 and may have changed since.

People also ask

  • When did Vipps come out?
  • Is Vipps Norwegian?

Sources

Information checked on 15 October 2026.

Digital payments in Norway
Help