10.12.2024 OSLO, NORWAY – Neonomics, a leading open banking company, is pleased to announce that it has been selected by Kameo, one of the fastest growing Scandinavian investment platforms to make it easier for users to streamline and automate their payments through open banking. By seamlessly connecting Kameo users to their bank accounts across all Sweden, Norway and Denmark, Nello Pay will enable faster and more efficient payments that simultaneously reduce costs while optimizing conversion.

Launched in 2016, Kameo enables private individuals and businesses to invest directly in real estate projects through its proprietary loan-based platform in Sweden, Norway and Denmark. Since its launch, Kameo has facilitated more than 580 million euros in loans and has 65 000 registered users. Kameo handles all transactions between borrowers and investors including interest payments.

“We are thrilled to partner with Neonomics and leverage Nello Pay to enhance the experience for investors on our platform. Having previous insight and experience into the value open banking can bring to our business, we recognized Neonomics as the ideal partner to facilitate further growth, as they offer technical agility and cost efficiency unlike others in the markets.” said Sebastian Martens Harung, CEO and Co-founder of Kameo.

Kameo will implement Nello Pay, an open banking powered payments application capable of working seamlessly across Norway, Sweden, and Denmark. Allowing users to pay for their investments in a streamlined manner and facilitate deposits into their Kameo account.

Commenting on the partnership for Neonomics, CEO and Founder Christoffer Andvig said, “Kameo has built a fantastic offering, enabling a far greater number of people to pursue real estate investing in a completely novel way. We are excited to support their growth and look forward to working closely together to grow existing market development with an eye out for new markets and new services powered by our fast payments and agile data services.”

About Kameo

Kameo is an investment platform that enables individuals and businesses to invest in secured loans for real estate projects while providing property developers with quick and flexible financing. With offices in Stockholm and Oslo, Kameo has built a thriving community of over 65,000 investors. Since 2016, Kameo has facilitated more than 1 ,200 loans with a total value exceeding NOK 6.7 billion, generating an average annual return of 9.6 percent for investors. Since 2019, the Nordic investment bank ABG Sundal Collier has been one of Kameo’s largest shareholders and a key strategic partner. Through a share issue in 2024, the Swedish company Incore Invest also became a shareholder. Kameo, through the Swedish company Kameo Investment Platform AB, is authorized to provide financing and payment services in Scandinavia. Investments through Kameo can offer high potential returns but also involve a risk of loss. For more information, visit www.kameo.no or www.kameo.se.

Media Contact Details:

Frode Riis Andersen, Head of Communications @ Kameo, frodera@kameo.no

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

MediaContact Details:

Tammy Gobel, Marketing @ Neonomics, tgobel@neonomics.io

‍