EedenBull, a Fintech firm focused on B2B commercial payments tech, has formed a partnership with Sparebanken Vest, which is Norway’s third-largest savings bank.
Through the partnership, the companies will offer banking services tech to the bank’s 13,600 business clients across Western Norway.
Working cooperatively with Eedenbull will enable Sparebanken Vest’s business clients to utilize EedenBull’s commercial payments tech, improve cash flow management and offer automated tech to handle payments and cross-border transfers.
The technology will reportedly be integrated with Sparebanken Vest’s existing platforms and clients will be able to benefit from reduced complexity and an improved user experience (UX) for their payments and banking-related services.
As reported by Finextra, Sparebanken Vest’s clients will be able to:
- Simplify expense, travel, and invoice management
- Give companies more control over their expenses
- Give firms comprehensive payment solution
- Simplify the companies’ finance operations
- Give company workers a better overall solution for their business expenses
- Manage expense reporting automatically while on-the-go
Nicki Bisgaard, CEO and Co-Founder of EedenBull, stated:
“We are delighted to announce our new partnership with Sparebanken Vest. It is our mission to revolutionise the way business banking services work and through this partnership that is becoming a reality for Sparebanken Vest’s customers. Sparebanken Vest is committed to offering its customers the best support and technology and we are doing that together.”
Nicki added that the integration of their services will “enable businesses across Norway to automate many banking and expenses tasks that can be a drain on a company’s time, freeing them up to focus on other priorities.”
Ørjan Karlsen, Head of Payments at Sparebanken Vest, remarked:
“We have long been searching for a partner to offer services that will help simplify our business customers’ everyday life day when it comes to payments and expenses. We are very excited to have found that partner in EedenBull, which in addition to being highly innovative and agile, also has its origin in Norway.”