To enrich every transaction

We want to improve businesses by digitalising commercial banking transactions while continuing to challenge the endless possibilities of business process automation and bringing transactions to life through machine learning and intelligent solutions.

Cards & Expenses The Cardlay White Label approach eliminates any back-and-forth discussion and demanding processes just to order payment cards. With real-time notifications and virtual account functionality; tracking multiple transactions is simple, fast, and immediate. The Cardlay Platforms communicate instantly with each other and companies can issue, load, and manage transactions in real-time.

Jørgen Christian Juul, the founder of Cardlay A/S, who has founded and managed several companies saw the opportunity to address the issues around payment card handling and expense management and came up with a creative solution.


Jørgen Christian Juul


Jørgen Christian Juul is the founder of Cardlay and has extensive experience from holding Executive positions in listed companies and other corporate organisations, and at the same time being an entrepreneur. In his most recent position, he served as Executive Chairman at Wallmob, which he founded, operated, and sold to the Nordic IT Conglomerate Visma.

Vladimir Pajkovski


Vladimir Pajkovski is both product owner and responsible for building Cardlay’s partner network and integrations. Vladimir contributes with experience from the largest Nordic Banks as a senior executive

Ralph Zitz


Ralph Zitz is responsible for the IT development and platform architecture. Ralph contributes with experience from positions within various IT development disciplines including solution and enterprise architecture, most recently within the LEGO Group.

Tobias Holger Hansen


Tobias Holger Hansen is Chief Legal Officer and responsible for managing legal risks within the Cardlay group. Tobias has previously worked as a banking and finance lawyer at a tier one law firm in Copenhagen and as Vice President for Legal & Compliance in a Danish payment institution.

Michel Thorsen


Michel Thorsen is an experienced Business and Project director with more than 20 years experience with IT product definition, development, service delivery, and support. He is currently COO.


Thorleif Krarup


Thorleif Krarup is former Executive VP and Group CEO for Nykredit, Unibank and Nordea, and former Chairman of the Board and board member for among other TDC, Falck, Alk-Abello, G4S, Lundbeck and Bang & Olufsen.

Jørgen Christian Juul

Board Member

Jørgen Christian Juul is the founder and CEO of Cardlay A/S. He is the prior founder and Executive Chairman of the Board at Wallmob.

Lars Andersen

Board Member

General Partner, SEED Capital
Lars Andersen is a serial entrepreneur with several successful exits to his name. His business insight and knowledge is accumulated from more than 20 years of experience in the international ICT industry – i.e. as CEO for Columbus IT with more than 1000 employees in 25 countries; which he led to a very successful IPO on the Danish stock exchange. Lars is an expert within the fields of internationalization, sales, management and exits. He has had a pivotal role in the exits of companies such as Endomondo, Libratone, Fullrate and AudioAsics.

Johan Wolf

Board Member

Senior Investment Manager, SEB Venture Capital
SEB is a leading Nordic financial services group with a strong belief that entrepreneurial minds and innovative companies are key in creating a better world.