Neonomics and Spense gear up to streamline open banking payments in the Automotive Industry

Tammy Gobel
June 20, 2023
4 minutes

20.06.2023 - OSLO, NORWAY – Spense, a leading Norwegian payment solution that focuses on creating innovative customer journeys within the automotive industry, has partnered with Neonomics to offer open banking payments. Through this partnership, Spense has now further developed the customer journey to provide open banking payments on their platform in order to increase efficiency and security in its payments. Through open banking, customers of Spense are able to provide their end users a Pay from Account feature, making direct account-to-account payment using BankID or similar, right from the web browser.

Spense provides a unique payment platform that’s specifically designed for the automotive industry in Norway, and has built an impressive customer and partner list including Mekonomen Company, Porsche, and Skoda. Their mission is to create a frictionless end-user experience when it comes to buying and paying for cars and car services.  

Jonas Lisgård, CEO of Spense says: "We believed Neonomics was well suited to what we’re doing at Spense, as we both focus on providing great customer journeys and user experiences. We have adopted Neonomics’s open banking solution into our own platform meaning our end-users can pay right from their bank without even having to leave their web browser, and in addition there’s a significant administrative savings connected to payments done through Neonomics. We’re excited to collaborate further with Neonomics to further develop our customer journey with the use of open banking.”

Neonomics' open banking payment solution offers a significant benefit by seamlessly integrating into Spense's solution, ensuring a smooth and effortless user experience.

Christoffer Andvig, CEO of Neonomics added: “We’re a great fit for Spense, as they value high quality customer journeys and see how open banking can benefit that. With the continuous evolution of open banking, we anticipate even greater possibilities and untapped potential in this partnership in Norway and beyond.”

About Spense

Spense is a technology company based in Oslo that provides a state-of-the art solution that helps digitize the automotive industry within payments. Our platform provides significant cost savings for our customers as well as offering an innovative top-tier user journey for end-users with a flexible payment solution. The company's solution integrates automotive industry systems with a variety of payment solutions. Established in 2020, and backed by strong investors like Gjensidige Mobility Group. Spense was selected to participate in Mastercard's prestigious Lighthouse program this year.

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics visit at www.neonomics.io  

Media Contact Details:

Tammy Gobel, Marketing @ Neonomics

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Neonomics AS is licensed as a Payment Institution (PI), Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP), issued by the Norwegian Financial Supervisory Authority (Finanstilsynet) passported across the EU.