Brixo is a partner with Nordigen in order to provide a better credit origination process

Fintech company Brixo has chosen to partner up with the freemium open banking platform Nordigen.

Brixo, a Swedish fintech company that offers digital credit up to SEK30,000 (2,750 Euros), allows users to apply. The consumer’s finances are evaluated to determine if they can repay the credit. Once that has been established, the application will be processed and credit can be used within 24 hours of approval.

“We want to improve the financing experience for everyone, making the application process smooth and easy to understand, while also being secure and user friendly. We have partnered with Nordigen to add an open banking approach to the procedure, letting us connect to bank accounts and gather the vital financial data we need to process applications rapidly, carefully and effectively,” Martin Johansson CEO of Brixo.

Brixo’s aim is to make credits accessible to a wider public by utilizing new credit solutions and modern approaches. Brixo is committed to improving and simplifying the financial services marketplace by continuing development of its own adaptive technology platforms.

“We are delighted to be collaborating with Brixo and helping them to add an extra level of automatization and streamlined processing to their mix of effective services and products. Brixo is focused on creating a better financing experience for their users and we believe that open banking is a key element to elevating financial customer satisfaction, due to the simplified process offered to customers and the elimination of manual input and lengthy waiting times,”Rolands Masters, cofounder and CEO at Nordigen, explains.

 

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