Fintech company Brixo has chosen to partner with freemium open banking platform Nordigen. 

Brixo is a Swedish fintech company, allowing users to apply for digital credits up to SEK 30,000 (2,750 euros). Finances are analysed to determine whether the consumer will be able to repay the credit and once that is established, the application is processed and the credit can be utilised the same day as the application is approved.

“We want to improve the financing experience for everyone, making the application process smooth and easy to understand, while also being secure and user friendly. We have partnered with Nordigen to add an open banking approach to the procedure, letting us connect to bank accounts and gather the vital financial data we need to process applications rapidly, carefully and effectively,'' says Martin Johansson, CEO of Brixo.  

Brixo's aim is to make credits accessible to a wider public by utilising new credit solutions and modern approaches. By continued development of its own adaptive technology platforms, the company aims to simplify and enhance the market for finance services.

“We are delighted to be collaborating with Brixo and helping them to add an extra level of automatisation and streamlined processing to their mix of effective services and products. Brixo is focused on creating a better financing experience for their users and we believe that open banking is a key element to elevating financial customer satisfaction, due to the simplified process offered to customers and the elimination of manual input and lengthy waiting times,” explains Rolands Mesters, co-founder and CEO of Nordigen.