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Founded in 1980, Borgun hf. is an Icelandic acquiring bank operating in Iceland and the European payment processing market. Within Iceland, Borgun is also an issuing processor providing services to Islandsbanki, one of Iceland's largest retail banks. Borgun is a principal member of Visa Europe and Mastercard International and has licenses for exclusive agreements with JCB, Diners / Discover, Union Pay International and American Express. Borgun is a licensed financial institution and is regulated by the Financial Supervisory Authority in Iceland.

Borgun Questions

The Borgun annual revenue was $196.9 million in 2026.

The NAICS codes for Borgun are [52211, 522, 5221, 522110, 52].

The SIC codes for Borgun are [602, 60].

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