Neonomics and Qvik partner to scale open banking services

By Gloria Methri

Open banking firm Neonomics has partnered with Qvik, a developer of digital consumer products, to jointly promote and deploy open banking services to customers across the Nordics and UK.

Qvik’s core service is designing and deploying digital and native mobile offerings. Working with some of the region’s most established companies, Qvik has largely built a strong customer network due to its agility and payments expertise.

Lari Tuominen, CEO of Qvik, said, “We’ve been following Neonomics for some time now and believe they offer one of the strongest open banking solutions in the market. With our customers increasingly seeking efficient and user-friendly account-to-account payments and data services, we see a clear opportunity to deliver compelling value across multiple markets.”

As the demand for diversified payments continues to rise, the partnership is already fielding requests and anticipates launching services with multiple customers in the coming weeks.

Neonomics CEO Christoffer Andvig said, “Qvik has built a reputation for quality and speed, and their validation and adoption of our unique blend of services mark the beginning of our journey together. The appetite for more efficient payments and data services has never been stronger, and we are excited to team up with market leaders to open new doors for collaboration.”

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via secure PSD2 API platforms in the market.

Qvik specializes in digital consumer solutions, including design and development for digital services, native mobile solutions, and advanced payment expertise. Its headquarters are in Helsinki, with offices in Sweden and the UK. Qvik has 115 employees, and its turnover was approximately €11 million in 2023. It recently announced €6 million in growth funding from private equity fund Bocap.