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Fidesmo Expands its Offering Fidesmo Pay in the Swedish Market as it Enters a Collaboration With Länsförsäkringar Bank

Fidesmo Expands its Offering Fidesmo Pay in the Swedish Market | FinTech Finance

Fidesmo enters collaboration with Länsförsäkringar Bank, one of the leaders within banking services in Sweden. The collaboration will enable the bank’s customers to use the payment service Fidesmo Pay to tokenize Länsförsäkringar cards onto a variety of wearables. Customers will now be able to use bracelets, key rings, watches and watch straps, and other form factors as a means of payment, to tap and pay on any contactless terminal. Paying with a wearable will bring the same benefits as paying with a physical payment card.

“We are happy to see that more and more banks offer tokenized payments to their customers, and wearable payments being one of them. We are looking forward to expanding the Fidesmo Pay offering in the Swedish market together with Länsförsäkringar”, says Mattias Eld, CEO of Fidesmo.

About Fidesmo 
Fidesmo makes it possible to connect contactless services, such as payment, public transport tickets, office, and hotel access, and car keys, to a variety of devices, such as wearables, cards, and phones. Providing a secure, constantly growing platform and a streamlined integration process, the Swedish tech company has earned the trust to work with the world leaders in access, payments, security, and mobile devices. Fidesmo was founded in 2013 and has its headquarters in Stockholm and R&D offices in Madrid. Read more at fidesmo.com.

About Länsförsäkringar 
The Länsförsäkringar Alliance comprises 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring and total solutions for reliable mortgage transactions are offered through Länsförsäkringar Fastighetsförmedling.

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