Digitalizing the way in which companies across Europe insure they receive payment for services rendered has been Axactor’s key focus since its founding in 2015. Developing and implementing innovation in this manner has seen the company become one of the fastest growing debt management providers in Europe. Through this partnership, Neonomics enables an end user to connect their bank accounts and initiate payments directly through Axactor’s platform and complete repayments within the security architecture of the consumers’ bank. Reducing complexity for consumers and costs for businesses.

Speaking on the collaboration, Arnt André Dullum Chief Operating Officer at Axactor said
We believe open banking will transform the way we look at cost-efficiency within our industry, benefiting both businesses and consumers. In Neonomics we have found a partner that can support us to ensure consumers have a secure and easy to understand experience.

About Axactor Group
Axactor Group is a next-generation debt management company operating in Norway, Sweden, Finland, Germany, Spain and Italy with an ambitious growth strategy. Axactor acquires and collects on own portfolios of non-performing loans and provides debt collection for third parties. After only six years in business, external analysis show that Axactor already has an industry leading cost-to-collect ratio on NPL. The company has approximately 1,100 employees.

About Neonomics
Neonomics is an open banking innovator giving the power of financial services back to consumers via the most advanced unified PSD2 API tech stack and bank API coverage map in Europe. The company is connecting over 150 million consumers to over 2000 banks. Built with a lot of love and zero legacy tech, the platform has been verified by strong global customers, spanning FinTechs, payment service providers, banks and more. Neonomics was founded and headquartered in Oslo, Norway in 2017 and is authorized by the Norwegian FSA as a licensed payment institution (PI) (PISP & AISP) passported across the EU.

For more information about Neonomics visit at www.neonomics.io
Contact Details:
Ado Fazlic, Head of Marketing, afazlic@neonomics.io