Finago acquires Icelandic firm Regla to expand Nordic presence
Software provider Finago has completed the acquisition of Iceland-based accounting and payroll firm Regla, marking its entry into the Icelandic market.
Finago has finalized its acquisition of all shares in Regla, an Icelandic provider of cloud-based accounting and invoicing software. The deal, which was initially announced on October 15, 2026, closed on November 2, 2026, following the purchase of shares from Hawk Infinity and minority stakeholders.
Regla will continue to operate as an independent entity within the Finago Group, maintaining its current management team. The transition is expected to have no impact on Regla’s daily operations, staffing, or existing client agreements.
Group CEO Lars Engbork noted that the move is part of the company's long-term growth strategy to expand its geographical footprint across the Nordics. By integrating Regla, Finago aims to consolidate its position as a provider of business administration software for small businesses and accounting practices in the region.