The strategic partnership combines Knowit's Nordic market expertise with Backbase's Engagement Banking Platform. This enables the rapid implementation of digital banking solutions that meet local market requirements and regulations. Financial institutions in the Nordics also gain access to Backbase's fintech ecosystem and banking apps.

The Nordic region continues to lead in digital banking innovation. Our strategic partnership with Knowit strengthens our presence in this important market and enables financial institutions to quickly modernize their technological infrastructure and deliver outstanding customer experiences. Together, we help banks overcome legacy constraints and create seamless customer journeys through every stage of the customer lifecycle, said Jonas Qvarfordt, Regional Director Nordics at Backbase.

–The partnership enhances our capacity to deliver advanced digital banking solutions to financial institutions in the Nordics. By combining our extensive understanding of local market requirements with Backbase's proven Engagement Banking Platform, we can support banks in their digital transformation and ensure compliance with regional regulations, said Rune Ivarsflaten, CEO of Knowit's subsidiary Knowit Financial Solutions.