back Back

Swedish FinTech Dreams enters B2B space with new entity

By Gloria Methri

November 17, 2022

  • BNP Paribas Group
  • Dreams
  • Dreams Technology
Share

Dreams TechnologyDreams, the engagement banking solutions provider has established a new entity, Dreams Technology, to mark its expansion into the B2B space.

Dreams Technology was launched in 2016 as a B2C money-saving app in the Nordics – where it helped over 500,000 users across Sweden and Norway to save, invest and manage debts.

Building on the success of its consumer platform, Dreams is now expanding into the B2B space with a key focus on providing its technology as a white-labelled and embedded B2B solution to banks worldwide.

The rebranding marks the separation of Dreams into two separate B2C and B2B businesses, with the B2C unit transitioning into Dreams Sustainable, established as a joint venture with the BNP Paribas Group. Dreams continues to exist as the holding company for both Dreams Technology and Dreams Sustainable.

Dreams’ B2B arm, Dreams Technology, helps banks increase consumer engagement, attract new target groups, and address ESG goals. By leveraging its holistic offering, financial institutions can drive personalised engagement with customers, boost Savings Under Management and Assets Under Management, reduce default rates, and deliver on their ESG commitment by helping customers reduce their carbon footprint.

The engagement banking platform operationalises over 100 behavioural science insights and integrates them into the banks’ existing digital applications. Some early adopters of Dreams Technology’s engagement banking solutions include BNP Paribas Group and Mastercard.

Henrik Rosvall, CEO & Founder of Dreams Technology, said, “The rebrand marks an exciting time for our company as we look to boost the next phase of international expansion. The new direction of the company will enable laser focus on growing our B2B business, supporting banks in creating deeper and more valuable relationships with their customers, and helping us achieve our core mission of making financially sustainable living an everyday reality for people.”

Previous Article

November 17, 2022

Cellulant and Solv Kenya partner in payments deal to serve MSMEs

Read More
Next Article

November 17, 2022

Abu Dhabi Islamic Bank signs MoU with Abu Dhabi Global Market

Read More






IBSi Daily News Analysis

UAE, money transfer

May 23, 2024

BNP Paribas Group

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

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

May 23, 2024

Data Zoo bags $22.7m in Series A from Ellerston JAADE to fuel global expansion

Read More

May 23, 2024

myTU launches Payouts API for businesses

Read More

May 22, 2024

CashFlo acquires Logitax to expand its Finance Automation & Compliance Suite

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
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