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SEB Enters Strategic Partnership With Fintech Startup Humla

By Dominic Chopping

 

STOCKHOLM--Skandinaviska Enskilda Banken AB said Tuesday that it is entering into a strategic partnership with Humla, a fintech startup within Axel Johnson Holding AB that develops financial services and loyalty products for the retail industry.

SEB said that Humla will develop its products and offerings on the banking-as-a-service platform developed by SEB's technology innovation studio, SEBx.

Using SEBx's banking-as-a-service platform, Humla will be able to embed financial services in their customer offerings, it added.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

April 26, 2022 07:48 ET (11:48 GMT)

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