Established Market Leader Borgun has a longstanding presence in the Icelandic financial services industry since 1980, making it a trusted and stable partner for merchants and card issuers, which can be leveraged for upselling advanced payment solutions.
Innovative Technology Integration The company's use of modern tech stacks such as Google Analytics, Facebook Pixel, and Crazy Egg indicates a focus on digital engagement and analytics, suggesting opportunities for tailored digital payment solutions and enhanced customer experience offerings.
European Payment Processing With recent partnerships like TruNarrative and extensive payment processing across Europe, Borgun is expanding its reach and could benefit from additional fraud prevention, security solutions, or international payment facilitation services.
Market Size & Financial Stability Operating with an estimated revenue between one and ten billion dollars and a sizable employee base, Borgun is well-positioned to invest in new payment technologies, cross-border solutions, and merchant onboarding services to grow its market share.
Growth Opportunities As a pioneer in Iceland and a player in the broader European market, Borgun presents opportunities to introduce innovative payment methods such as contactless, mobile, or integrated digital wallets, catering to modern consumer preferences.