Optin Bank and Fair Group have signed an agreement that will redefine how payments are managed through the entire value-chain.
Media coverage – read more about the partnership in this piece at Shifter.no: https://shifter.no/bankutfordrer-inngar-partnerskap-med-rettferdig-inkassorakett/
Harald Dahl-Pedersen, CEO at Optin, says; “Optin provides financing for partners and their customers, allowing immediate payment to partners whilst offering flexible payment options to the partners’ customers. Our partnership with Fair Group will mean that we are jointly responsible for handling more than 50 000 daily transactions, representing a significant number of new potential customers for Optin”
Rune Heimstad, CEO at Fair Group; “Optin Bank is an important partner for us. Through Optin we have a financial partner that enables us to deliver an even broader set of payment services to our clients.”
The increased volumes from both Fair Group and other partners will require additional funding. Optin Bank is therefore considering a share capital increase. A potential share capital increase will be conditional upon inter alia necessary corporate decisions.