The collaboration will see the two companies roll out open banking powered payments to many of the largest charity organizations across the Nordics, to leverage a more efficient channel to receive funds.

“Open banking can revolutionize the way charities and charitable causes big and small interact with donors with the immediate benefit being faster and more efficient payments. Neonomics shares our customer-centric approach and we are excited to expand this offering across our growing network.” - Jesper Juul Jensen, CEO at BetterNow.

Transactional costs are among the biggest pain points when it comes to fundraising. Additionally, being able to manage how these payments are received and tracked is critical. Charitable donations in many Nordic countries are tax deductible and BetterNow’s white label platform seamlessly enables this functionality at scale.

“We have been working with many charities directly to showcase the long-term value of integrating open banking offerings. With BetterNow, we are directly addressing customer pain points much more broadly than ever before. By streamlining payments, we can further help fundraisers by leveraging the data created to improve and expand how they promote and raise funds in innovative ways.” - Christoffer Andvig, CEO at Neonomics.