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Swedish tech bank Northmill invests in new cloud-based platform from Zendesk

Editorial team by Editorial team
March 11, 2020
in News, Cloud computing, FinTech, Startups
Swedish tech bank Northmill invests in new cloud-based platform from Zendesk
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Northmill, a Swedish tech-bank with the vision of improving everyone’s financial life, has recently invested in a new cloud-based platform from leading CRM company Zendesk, Inc. Notably, the cloud platform is being used by companies such as Airbnb and Uber.

The reason behind this investment is to give the employees the best possible tools to meet all the customers. At the same time, the Stockholm-based fintech firm aims to strengthen the connection between the customers’ feedback and what type of products and features are being developed. 

Simon Nilsson, Chief Customer Officer at Northmill, commented: 

We are building a bank for everyone, and this is an investment in our employees and the customer experience, two things that are tightly intertwined. We can see a growing trend with many companies taking the path of solely investing in self-service solutions, but we know that many people still ask for the opportunity to connect via, for example, phone. Now we are creating a hybrid where we will have a very competitive self-service offer, but we will also be available in the way the customers prefer – including chat, phone, mail, Facebook, or WhatsApp. Also, we will continue to strengthen our existing customer service team across all markets to handle the growing demand.

As per the company claims, Northmill has a queuing time over the phone at an average of 30 seconds, and the customer satisfaction percentage is very high. Ninety percent of the customers who choose to leave a rating via the chat is positive.

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Simon Nilsson continued:

We are now able to gear up our efficiency, be proactive, and take full-scale data-driven decisions. We are also able to gather all the insights in a single platform. It creates a very streamlined process for our employees and enables us to strengthen the connection between the feedback we receive from customers, and how we develop our products. The new platform takes it a step further than traditional Omni-solutions. It provides us with the opportunity to develop and deploy our apps in the interface and achieve a tailored 360-view of the customers’ needs.

Northmill needed a scalable and sustainable solution that responds to the rapidly growing product portfolio, which among other things, holds card and savings accounts, the strong requirements on security and transparency, as well as a solution that manages the bank’s upcoming European expansion. 

Founded in Stockholm, Sweden, in 2006, Northmill has 200 000 customers and 145 employees, with over 50 percent working with IT, in three countries.

Main image picture credits: Northmill

Stay tuned to Silicon Canals for more European technology news.

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