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EVRY and stoEr enter into a partnership for digitalised mortgage lending and credit solutions in the Swedish market

EVRY has entered into a partnership with stoEr, a Swedish fintech start-up in the fintech sector focused in digital mortgage management. Through the partnership, EVRY and stoEr will be able to provide banks and new mortgage providers with an even stronger offering that enables a unique customer experience and increases mortgage providers internal efficiency.

The collaboration will give banks and mortgage providers access to a completely standardised and digitalised service for mortgage applications and mortgage management that will facilitate their compliance with every-increasing regulatory requirements and customer demands in relation to efficiency and self-service.

stoEr has developed digital solutions for managing the customer journey entirely online via smartphone, tablet or computer, which significantly improves the customer experience while also reducing the amount of time it takes to obtain an approved mortgage. This benefits mortgage providers as it simplifies internal processes for employees and provides them with better insight into their lending activities in real-time. Combined with EVRY’s robust and complete platform for private and corporate loans, we have an offer that covers the entire value chain in lending with a service-based delivery model (SaaS).

“The partnership fits with EVRY’s strategy of expanding our capabilities for banks and other mortgage providers in Sweden and helping them to grow their mortgage lending. With our combined expertise and offering, we will be able to support them with standardised solutions throughout the entire value chain, from application and approval to mortgage administration. Our ambition is to work together to offer the next generation of digital mortgage solutions that not only provide consumers with a fast and agile service but also give lenders a highly automated and cost-efficient solution”, comments Wiljar Nesse, EVP for Financial Services at EVRY.

“We specialise in ‘Mortgage as a Service’, a digitalised platform that offers innovation in terms of how credit assessment, credit approval processes and documentation procedures are carried out and that complies with regulatory requirements. By working with EVRY, we will be able to accelerate our marketing efforts in Sweden and the Nordic region and make use of EVRY’s leading position in the Nordic banking market and its expertise in lending”, comments Pär Isaksson, the CEO of stoEr and one of the company’s founders.

Contacts:
Viola Hellström, VP Marketing and Communications Financial Services, EVRY, T: + 46 73 708 1727
Pär Isaksson,
CEO, stoEr, T: + 46 70 657 80 07

About stoEr
stoEr is a fintech company founded in 2016 by a team of people with with solid experience of building IT solutions within the finance industry with its regulations and requirements. stoEr provides a digital platform that automates the management of and provides process support for mortgages and other credit products. Its customers include SBAB and Borgo.