Zaver adds fresh capital from Magnus Rausing, who becomes major investor in the company

Zaver, a Stockholm, Sweden-based company operating a peer-to-peer consumer payments platform, added Magnus Rausing as an investor in the company. Following the deal, which has the financial details undisclosed, Magnus Rausing becomes a major external investor in the company.

Zaver, founded in 2016 by Amir Marandi, Linus Malmén and Filip Gauffin, built a business around a payment solution for p2p transactions which was developed by the founders while students at KTH Royal Institute of Technology. The company aims to facilitate trades between peers by enabling the use of flexible payment methods such as direct payments, “buy now, pay later” and installments.

Prior to this deal, Zaver raised $1.7M from investors including Inbox Capital, Inventure and a range of Swedish angel investors.