PERX signs open banking partnership with Neonomics

By Gloria Methri

PERX, an innovative Norwegian P2P crowdlending platform, has announced its partnership with open banking disruptor Neonomics. PERX is looking to enable open banking payments on its platform through Neonomics’ Checkout solution, to increase payments efficiency and security.

Through open banking, PERX can provide its end users with an easier way to deposit money that they are investing in loans on the PERX platform.

Consumer loans are expensive and often depend on banks. PERX provides an online marketplace where investors and lenders can meet – without the expensive intermediaries and involvement of banks. It enables PERX to provide competitive rates for borrowers and more attractive returns for lenders.

Lars Hafstad, CEO of PERX said, “Neonomics is a great fit for PERX. We are excited to work with Neonomics and adopt open banking into our platform to enable fast, secure, and user-friendly payments for our investors. We look forward to working closely together to further develop the use of open banking within PERX thanks to Neonomics’ technical expertise and drive to get the most out of open banking for everyone’s benefit.”

Open banking payments are an ideal payment method for crowdfunding due to their ability to improve security and ease of use as they can connect directly to the lender’s bank account.

Speaking on the partnership Neonomics CEO Christoffer Andvig said, “We are pleased that PERX has adopted Neonomics’ open banking Checkout to further add value to their innovation within the P2P crowdfunding space. As open banking evolves, we see a lot more potential to come in this partnership.”