Collector Bank acquires Lowell’s payment solution
Today, Collector Bank entered into an agreement to acquire Lowell’s payment solution business, Lindorff Payments. The transaction means that Collector Bank will double in volume in Finland, thereby strengthening its role as one of the Nordic leaders in payment solutions.Lindorff Payments has an impressive portfolio, with hundreds of Nordic clients and several strategic partnerships. Since its inception in 2011, the acquired payment solution business has handled millions of transactions for online and traditional stores alike. “We are truly pleased about this opportunity to strengthen our