Swedbank invests in Asteria; continuing the building of next generations digital banking services for small companies
In 2018, Swedbank and the fintech company Asteria initiated a cooperation to build a solution that minimises time consuming administration for small companies. The solution will offer a better financial overview; giving the customers better control of their finances and financial planning. Today, we announce that Swedbank increase the collaboration and continue their joint venture as investing partner in Asteria.
“The collaboration with Asteria helps us to increase customer value. Through this investment, we are levelling up our collaboration together with an innovation partner in the digital forefront. With Asteria's technical solutions and our customer base, we will make a big difference at high speed for many customers. Owners of small companies want to focus on creating value through their core business, and not spend time administering. We can help them with that,” says Lotta Lovén, Head of Digital Banking at Swedbank.
Swedbank is collaborating with several fintech companies, and are actively looking for more partners that would like to take part in building digital banking services of the future.
“Working with other fast-paced digital players to simplify Swedbank's customers' everyday life, is the approach we have chosen when developing our business further,” says Lotta Lovén.
For further information:
Lotta Lovén, Head of Digital Banking, Swedbank +46 70 815 51 66
Carina Sesser Nylund, Press Contact, Swedbank +46 72 230 52 64
Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 186 branches in Sweden and 125 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 December, 2018 the group had total assets of SEK 2 246 billion. Read more at www.swedbank.com
Tags:
