Debt collection company Coeo Inkasso selects Neonomics to provide Open Banking-enabled debt collection services in Norway.

In a groundbreaking move, Neonomics and coeo Inkasso have joined forces to deliver immediate, tangible benefits for businesses and consumers in the debt collection sector in Norway.

The collaboration aims to modernize debt collection payments, with coeo Inkasso set to introduce a secure, automated, and user-friendly solution for debt resolution. Coeo Inkasso, a part of the coeo Group, a German-based company with a presence in eight countries, will use Neonomics' Open Banking-driven solution 'Nello Pay'.

Charlotte Surén, the chief executive officer of coeo Inkasso, expressed her excitement about the partnership, stating that it marks Coeo Inkasso's entry into the Norwegian market. She further emphasized the company's priority in making the payment process easy for their customers.

Neonomics, which works with businesses across Europe, delivering payment initiation and account information services, sees this partnership as particularly exciting. Trine Stefferud, the head of partnerships at Neonomics, expressed her enthusiasm, stating that the growing maturity and adoption of Open Banking in Norway is encouraging, as seen by the partnership between Neonomics and coeo Inkasso.

The use of Neonomics' Open Banking solutions by FundingPartner last month resulted in a reduction in administrative costs and a better user experience for its investors. FundingPartner enabled its investors to make faster and more secure payments directly from their bank account without leaving the platform.

By integrating Nello Pay, Coeo Inkasso is simplifying the way people can resolve their debts. The specific Norwegian banks supporting the Open Banking solution "Nello Pay" by Neonomics, used by coeo Inkasso for debt collection in Norway, are not explicitly listed. However, Neonomics connects to over 90% of banks across the EU, UK, and Nordics, which likely includes most major Norwegian banks.

Neonomics has expressed excitement about supporting coeo Inkasso in streamlining payments through Nello Pay. The partnership between Neonomics and coeo Inkasso is aimed at delivering immediate, tangible benefits for both businesses and consumers in the debt collection sector.

The coeo Group recently entered the Swedish market and has now expanded to Norway. Coeo Inkasso aims to use innovative solutions when launching in new markets. This partnership is a significant step towards modernizing the debt collection sector in Norway and providing a more seamless and efficient experience for all parties involved.

Debt collection company Coeo Inkasso selects Neonomics to provide Open Banking-enabled debt collection services in Norway.