Romania’s BRD extends digital banking partnership with Backbase
Digital banking tech provider Backbase has extended its strategic partnership with BRD, Romania’s third largest bank and part of Groupe Société Générale, for the next five years.
Backbase will extend its long-term partnership with the bank to enhance its digital banking services and customer experience. BRD will implement Backbase’s suite of solutions, including digital onboarding, digital banking, digital assist and digital engagement for both its retail banking customers and SME customers.
Founded in 2003, Backbase is a privately-funded fintech company with its headquarters in Amsterdam and several offices across the globe.
Its flagship Engagement Banking Platform helps banks and credit unions to power the full customer lifecycle through a single, white-labelled platform, used by over 120 financial companies including Société Générale, Raiffeisen, HDFC, KeyBank, and others.
Last month, Backbase acquired UK-based digital wealth platform, Nucoro, for an undisclosed amount, in a bid to incorporate digital investment offerings into its platform.