Swedish Fintech company Zimpler has announced its expansion into the EU and the UK.
The company manages transactions between end-users and businesses. The firm now expands beyond the Nordics and will enable companies to do instant payouts to customers in the EU and UK within the year.
Jonas Persson, VP sales at Zimpler, commented: “Payouts are medieval outside of the Nordics. Today you will have to wait for days before you get your money into your bank account, with our solution it will take seconds.”
Having been the first to go live with the solution, Videoslots CMO Ali Atam, stated: “We have been working with Zimpler in the Swedish market for many years and we are thrilled with how constructive and solution-oriented they are in all situations. That they now expand their solution to other European markets is fantastic news and it will change the market at its core.”
The expansion comes as there is heightened interest from other sectors from lending companies, startups that need to pay out to the front end.
But there is a burning interest from other segments. Lending companies, startups that need to pay out funds to end-users, insurance companies and neo banks to name a few.