IBOS member Nordea invests in e-commerce startup Mondido, adding value to corporate customers

IBOS member Nordea adds another fintech company to its portfolio of partners when investing in the e-commerce solution Mondido. A step that will strengthen its Nordea Connect e-commerce offer.

Mondido will be a fantastic complement to Nordea’s e-commerce offering, adding the most value to the Bank’s corporate customers.

Nordea has built a payment service provider where the customers’ existing banking engagement is combined with a digital and modern payment gateway including a framework for supporting additional value-added services. The addition of among other Mondido’s rules engine, which allows merchants to customise checkout experiences will be a further improvement. Nordea’s ambition is to power commerce in the Nordics – and through Nordea Connect, customers are provided with a one-stop-shop solution for Nordic e-commerce.

Nordea’s investment in Mondido will further strengthen Nordea Connect, our Nordic payment service provider, where customers can immediately gain access to all the relevant payment methods in the Nordics through one integration.

Read the full press release via Nordea here