back Back

Nordic API Gateway to power FinTech Horde’s open banking services

By Megha Bhattacharya

March 12, 2021

  • Finland
  • Nordic
Share

nordic api gatewayNordic API Gateway has announced that it has teamed up with FinTech Horde, enabling the FinTech to manage loans and receive better loan opportunities by consolidating credit card debt. Horde has also rolled out a social lending platform for allowing friends and family to lend each other money in a structured way. The new social lending platform is already being launched in Norway this week and is expected to be further expanded in the Nordics in the future.

Alf Gunnar Andersen, CEO & Founder of Horde, said, “Having browsed and tested the open banking landscape for quite some time, we’ve chosen Nordic API Gateway due to the proven quality of the platform. They’re delivering the most stable open banking connection which is crucial for our users. With this new feature, we’re using open banking to structure and facilitate loans between friends and family by using account aggregation and payment initiation which basically will make it easier than ever to do social lending. We believe it will be a stepping stone to open a new chapter for Horde to empower Norwegian consumers even further with new loan opportunities.”

Horde is using payment initiation from Nordic API Gateway to further expand its offerings by launching the feature ‘Vennelån’ (‘Friend-loan’). According to Nordic API Gateway, Horde will be given access to a unified API platform granting them access to account aggregation services and payment initiation services in Norway.

Rune Mai, CEO & Founder of Nordic API Gateway said, “We’re happy to see Horde choose Nordic API Gateway based on the quality and service of our platform. Building the kind of quality platform that allows clients to successfully build and launch services in a fragile open banking world requires true craftsmanship. We focus on the tiniest details – from quickly fixing issues with bank APIs and ensuring the compliance of our clients to effective onboarding with our straightforward communication principles – and we do it with a local mentality of each market we operate in … no matter what market that might be.”

Previous Article

March 12, 2021

Neo & Partners Global pushes Trading Atrium Innovation Boundaries with Software-Defined Network foundation

Read More
Next Article

March 12, 2021

Zilliqa Capital launches blockchain platform for SE Asia region

Read More








IBSi Daily News Analysis

March 22, 2024

Finland

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

5 Major FinTech Acquisitions announced in March 2024

Read More

March 28, 2024

Qonto unveils its first in-house financing offer, ‘Pay later’

Read More

March 28, 2024

Payop partners with Tink to add Pay by Bank in Europe

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023