SaveLend Group launches direct bank payments on investment platform via Trustly

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SaveLend Group AB (publ) (“SaveLend Group” or “the Company”) launches direct bank payments on the SaveLend.se investment platform.

With the Trustly payment service, investors in SaveLend.se can now easily make direct deposits online from any account through their internet bank. This is an important development step to increase the user-friendliness of the investment platform and significantly reduces the time between deposit and receipt of capital on SaveLend.se. The integration of Trustly also makes it easier to enter new markets as the service supports the euro and several other currencies.

The demand for simple and straightforward payment methods is increasing, and from a consumer perspective, the days when it was acceptable for a wire transfer to take a few bank days are irrevocably over. Today, transfers should take place immediately when they are initiated so that the amount can be used directly on the recipient’s side. This applies to both small payments and larger transactions. Development that facilitates scalability and entry into new markets is vital in the current expansion phase of the SaveLend Group – and the integration of Trustly contributes to this. In addition to enabling direct bank payments for all deposits on the investment platform, both in Sweden and in other markets, the payment service also contributes to a streamlined process when entering into de new markets because Trustly supports the euro and several other currencies.

“SaveLend is a true challenger in the financial services industry that focuses on providing an easy to use service to their customers. By offering Trustly’s online banking payments, SaveLend enables customers to fund their account instantly from their location. bank without any problems We are delighted to help SaveLend realize its vision of economic freedom for all, ”said Luca G. Giannone, Sales Director, Financial Services Trustly.

The integration of Trustly shortens the time between the moment the deposit is made and the receipt of capital on the investment platform. It will still be possible to use the regular bank transfer on SaveLend.se, for those investors who prefer it, but offering direct deposits means that new investors can open their account, make their deposit and receive the money in their account at the investment platform. right now. This should reduce the barrier to completing account setup and lead to a higher proportion of activated accounts.

“Developing and always bringing improvements to our customers is part of our strategy and we believe it is crucial to popularize our product further. As services like Trustly have started to challenge traditional bank transfers, customer expectations have changed. Meeting these expectations is an important step in ensuring that SaveLend.se remains at the forefront, both in terms of user experience and technology, ”said Ludwig Pettersson, CEO of SaveLend Group.


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