Fair Group is acquiring the source code for UnicornBox, a cloud-based debt collection system, and will take full ownership of the technology behind its services. UnicornBox was developed by Unicorn Solutions, and Fair has leased the system since launching its debt collection operations.

The acquisition now gives the company the freedom to develop more user-friendly solutions for both clients and end users. At the same time, it lays the foundation for growth across the Nordic region and for Fair to become a leading technology provider in financial services.

“The acquisition means that we now own all the technology used within the Group. This strengthens our independence and gives us greater flexibility to innovate. By bringing everything under one roof, we can develop solutions that make it easier for end customers to pay and keep track of their finances, while enabling our clients to provide a more efficient and customer-friendly service,” says Christian Aandalen, CEO of Fair Group.

A Platform for Customer-Tailored Solutions

Fair Group has quickly established itself as an innovative company in the financial sector. The company focuses on technology development, particularly within invoice management and debt collection, and now owns, operates and continues to develop all the technology used across the Group.

“We want to be the most customer-oriented company in the industry. With our own technology platform, we can build solutions in-house and demonstrate that financial services can be delivered in a more modern, efficient and fair way,” says Aandalen.

Technology and innovation are central to Fair Group’s service offering. By owning the entire value chain, the company can quickly test new features, improve the user experience and adapt its services to different markets.

The acquisition of UnicornBox makes it possible to integrate additional digital solutions and create a unified platform for both customers and business partners.

Continuing to Grow Across the Nordic Region

As part of Fair’s growth strategy, and in response to an increasing number of customers, the company is expanding its operations in Sweden. Its investment in the Nordic region strengthens Fair’s position in its existing markets and lays the groundwork for further expansion.

“Sweden gives us access to strong innovation environments and valuable expertise, enabling us to scale more intelligently and efficiently. Our ambition is to become the leading provider of financial solutions and offer services that operate seamlessly across the entire Nordic region,” Aandalen concludes.