Jóhannes Ingi Kolbeinsson is a payments entrepreneur with over two decades of experience. In 2002, he co‑founded KORTA PAY (originally Kortaþjónustan), an Icelandic payment service provider, and served as its CEO. Under his leadership, KORTA PAY grew rapidly, earning the #106 spot on Inc. magazine’s 2016 Inc. 5000 list of fastest‑growing companies in Europe. In 2017, European CEO Magazine named him Entrepreneur of the Year for Western Europe in the category of Payment Services.
In 2019, Kolbeinsson co‑founded PAYSTRAX, a fintech company offering payment processing, POS systems, and cross‑border payment solutions. As Group CEO and Co‑founder, he leads PAYSTRAX’s international expansion. The company obtained an FCA license in the UK and won Best New Payments Brand 2024 at the PayTech Awards.
Kolbeinsson is a frequent speaker at industry events such as ICE Barcelona and SiGMA, and he has voiced concerns about friendly fraud in the payments space. He continues to drive innovation in payment technology for the iGaming and e‑commerce sectors.
Career History
| Company | Role | Dates |
|---|---|---|
| Paystrax | Group Chief Executive Officer & Co-founder | – present |