[14] In 2017 he stepped down as CEO of CreditInfo Group after 20 years of leading and expanding the company he co-founded and became a part-time working Chairman instead.

Reflecting on his decision to step down as CEO, Reynir mentioned in recent interviews that he decided to finally hire a better person for the job, hinting at feelings of burnout as well.

At the time of the purchase, CreditInfo Group was valued at around 30 billion ISK (approximately $210 million), with the final valuation contingent upon the company achieving certain financial milestones.

[16] To reinvest his capital, Reynir established InfoCapital, an investment fund primarily focused on fintech startups led by his childhood friend Hákon Stefánsson, while serving as a non-executive chairman of the board himself.

The renovation project included the acquisition of a hotel, a bakery, and a church, among other historic buildings dating back to 1900, with the aim of preserving their rich heritage and attracting more tourists to North-West Iceland.