Payr secured more capital investment.

Payr, an Oslo, Norway-based company providing next generation platform app for invoice payment, secured NOk 10M ($1.2M) in more capital added to the company.

The money was provided by new and existing investors, including DNB and MP Pensjon.

Payr, founded in 2016 by Espen Grimstad (CEO), Åste Laberg and Ola Einang, developed an online platform for making invoice payments, working like a marketplace for invoices as the tool automatically suggest better deals for the services paid via the service.

Prior to this announcement ,Payr raised more than $2M from outside investors.