Modularbank and Trifork announce an integration partnership

By Megha Bhattacharya

Trifork, a next-generation IT services provider, and Modularbank, a cloud-native core banking technology provider, have entered into an integration partnership, strengthening both companies’ banking and FinTech offerings.

Modularbank has built a configurable core banking platform featuring a comprehensive set of retail and business banking capabilities. Trifork will leverage its experience in building FinTech solutions to develop add-on features to Modularbank’s core banking platform and support customers within the financial services industry throughout the implementation process.

Peter Rørsgaard, COO, Trifork FinTech, states: “Fintech is a core business area in our growth strategy, and the partnership with Modularbank, who has developed a platform allowing both established financial service companies and fintech startups to quickly roll out tailored digital services, further strengthens our offering within the important and fast-growing fintech segment.”

Julien Douve, Alliance Manager, Modularbank said: “Partnering with Trifork, an IT and business services provider with such a significant presence throughout Europe, enables us to better serve our quickly growing customer base. Combining our flexible and lightweight core banking technology with Trifork’s reach and proficiency in building new use cases, we will bring fintech innovation to more and more customers within Europe, letting them unlock the full potential of our core banking platform.”

Recently, Modularbank announced a strategic partnership with Nets Estonia in a bid to extend the offering of its core banking platform. The company, with the partnership, will be able to add card issuing and processing solution to its product suite and enhance the value of its card product portfolio.