Talenom and Fellow Bank cooperate to offer integrated banking services to Talenom customers

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Talenom Oyj

Talenom Plc, Press release September 20, 2022 at 10:30 a.m. EEST

Talenom and Fellow Bank are cooperating to offer integrated banking services to Talenom’s clients

Talenom and Fellow Bank have signed a cooperation agreement to offer banking and financing services to customers who use Talenom’s money management services. The cooperation enables easy and hassle-free application and use of Fellow Bank’s payment transaction accounts, credit cards and financial services directly through the Talenom platform. Together, Talenom and Fellow Bank will create a unique set of services that combines financial management and banking services into one tightly integrated entity.

Banking services provided by Talenom will greatly improve through cooperation. Fellow Bank’s reliable and extensive banking services make Talenom an even more attractive partner for domestic corporate clients, whom Talenom can now serve even better through the same platform. The cooperation supports Talenom’s growth strategy, which focuses on providing top quality accounting and banking services to SMEs.

The companies’ goal is to begin providing integrated banking services to Talenom customers in the first quarter of 2023.

“We want to offer top quality accounting and banking services to small and medium-sized businesses. This agreement with Fellow Bank is an important step in the execution of our strategy, and we are very pleased to be able to offer our customers complete banking services. through our own platform,” says Tuomas Iivadwarfmarketing director of Talenom.

“The cooperation opens up a whole new way for entrepreneurs to use banking services with a superior customer experience. All online banking features are available directly through Talenom’s platform, and all banking and financial services are directly integrated into the Talenom’s financial management systems, significantly improving businesses’ financial management process,” Fellow Bank’s head of development continues. Esapekka Heikkila.

Further information :

Otto-Pekka Huhtala
CEO
Talenom Plc
[email protected]
tel +358 40 7038 554

Teemu Nyholm
CEO, Fellow Bank Plc
[email protected]
Phone. +358 50 577 1028

Talenom Plc in brief

Talenom is an agile and progressive accounting firm established in 1972. Our business idea is to make everyday life easier for entrepreneurs with the most user-friendly digital tools on the market and highly automated services. In addition to comprehensive accounting services, we support our clients’ businesses with a wide range of expert services, as well as financing, account and payment transaction services. Our vision is to provide superior accounting, account and payment transaction services for SMEs.

Talenom’s growth track record has been solid – average annual net sales growth was 16.2% in 2005-2021. In 2021, Talenom had an average of 1,012 employees in Finland, Sweden and Spain across a total of 52 locations. Talenom’s stock is listed on the Nasdaq Helsinki Main Market. Read more: sijoittajat.talenom.fi/en/

Fellow Bank in a nutshell

Fellow Bank Plc is a new Finnish digital bank for an easier everyday life. We serve both individuals, SMEs and savers who are looking for competitive interest rates for their deposits in a simple, clear and sustainable way. Fellow Bank Plc stock is listed on Nasdaq Helsinki Main Market (FELLOW) and is licensed by the Financial Supervisory Authority. www.fellowpankki.fi

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