Since November, Hoist Finance’s savings offering – HoistSpar – is live with Vilja Deposit in their own channel in Germany.
Vilja delivers a cloud-native end-to-end deposit solution including on-boarding and My Pages. The solution integrates seamlessly with other technology providers, ensuring an efficient and scalable setup. An important driver for banks and financial institutions to take deposit in own channel is to diversify the funding base and optimize the funding cost.
“By partnering with Vilja, HoistSpar can launch deposit products with flexibility and speed for the German market, and offer our customers a digital and seamless experience. We have a long-term cooperation with Vilja and look forward to continuing our journey together.” says Max Ehrengren, Head of Treasury at Hoist Finance.
“We have partnered with Hoist Finance for many years and are proud to continue supporting the company’s remarkable growth journey. We see an increased demand from both Nordic customers aiming to launch direct channel in Germany, and German customers looking for a modern and fit-for-purpose deposit solution. This delivery is a strong testament to our continued traction outside the Nordics.” continues Fredrik Ulvenholm, CEO at Vilja.
• Superior customer experience: Modern “My Pages” built for self-service and automation
• User friendly and extensive back-office: Designed for easy product management, smooth servicing and rich compliance functionality
• Complete end-to-end solution with modular approach: Cover the full customer life cycle, KYC & servicing, both at onboarding and recurring
