Payment services giant Worldline has partnered with Nordic Open Banking firm Neonomics to strengthen its services across Europe.

The deal will allow Worldline to expand its account-to-account payments and data aggregation coverage to Nordic countries, including Norway, Sweden, Denmark and Finland.

Neonomics, which connectes banks via its PSD2 API platform, will utilise Worldline’s Open Banking network to reach more customers across Europe.

The companies are on track to become the first ever pan-European pure PSD2 API providers, reaching around 3,500 banks in 22 countries across Europe, said Worldline.

Commenting on the news Michael Steinbach, head of global business line financial services at Worldline said: "We are excited to partner with Neonomics, as they have one of the most robust unified bank API platforms, with a technical set-up that supports our need to work with partners that can offer highly secure services in both today's and tomorrow's regulatory environment.”

He added: “By working together, we can make Open Banking an even more pan-European offering that helps to streamline payments and enables access to banking account data.”

Worldline recently announced it is buying Banco Desio’s merchant acquiring activities for €100 million. The company is also planning to set-up a commercial partnership with the Italian bank.

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