Elisabeth Magnor


Senior Manager
Elisabeth is a Senior Manager based in Oslo with over 7 years of experience as a payments advisor, and specializes in merchant acceptance, digital payments and buy-side M&A. At Flagship, Elisabeth has managed target identification for financial investors, completed several due diligence projects on payment assets, built payment expansion strategies for PSPs, retailers, and issuer processors across Europe, North America and APAC.

Elisabeth has broad experience across Europe on digital payments, merchant acceptance, card issuing, and payments processing. Through her career, Elisabeth has led or contributed to nearly 70 payments and fintech engagements including market analysis, product and market expansion strategies, roadmap development, vendor support, buy-side due diligence, and sell-side M&A advisory.

Prior to joining Flagship, Elisabeth was a strategy consultant and analyst at Accenture and First Annapolis Consulting, where she focused on payments strategy and M&A advisory.

Elisabeth has the unique distinction of being Flagship’s first employee, and was instrumental in launching the company, including implementing Flagship’s digital presence, brand identity, and visual style.

Elisabeth received her Masters degree from Vrije Universiteit Amsterdam, and her double BBA (with Honors) in Finance and Management from Lancaster University (UK) and ICADE (Spain).

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