Finland Open Banking

Minna Technologies and Finland’s Largest Financial Group, OP, Extend Partnership Involving Open Banking Program (Omar Faridi,

Minna Technologies and Finland’s largest financial group, OP, have extended their partnership which was established last year during OP’s open banking startup partnership program.

Minna Technologies was chosen last year to take part in OP’s open banking program.

John Nyström, country manager Finland at Minna Technologies, said that participating in the program was a great opportunity for the company to get to know more about the OP organization, “validate its technical approach, as well as the need for subscription management in the Finnish market.”

Nyström added:

“After a successful pilot, we are excited to enter into a partnership with OP. Their [consistent] customer and innovation focus makes them a [suitable] partner for us. By partnering with Minna Technologies, OP is better able to capitalize on its Open Banking Strategy and PSD2 APIs developed for third-party providers.”

Masa Peura, SVP, payments and personal finance management at OP, noted:

”This partnership is an … example of the importance of finding the right match in partners. We first met Minna Technologies at our Open Banking Startup Program and were impressed by their innovation and technical capabilities. For OP, it’s important to maintain and explore the ecosystem to identify the right partners in order to deliver the best possible digital experience to our customers.”

Joakim Sjöblom, CEO at Minna Technologies, remarked:

“OP is [an established player] in the Finnish market in terms of innovation, customer focus, and delivery of [quality] customer experience. Minna Technologies [look forward to working] with OP to contribute further value to their customers, as well as to further the expansion of the subscription economy in Finland.”

Established in 2016, Minna Technologies is a European Fintech focused on assisting retail banks in providing quality digital customer experiences. The company began as a consumer application for subscription management (Mina Tjänster). It has now become an integrated platform that helps retail banks and other financial services providers in Europe and the Nordics to enhance the digital banking experience.

Minna Technologies is a Financial Services Authority (FSA)-licensed open banking partner to large banks in Europe. The firm claims that its subscription management platform has helped save over €30 million on behalf of its users.

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