Glasgow based fintech Soar has entered into a
partnership to help ethical finance companies compete more
effectively with mainstream providers.
Soar and the London payments technology platform Acquired.com are integrating their
technology platforms, to help credit unions and other ethical
organisations provide more streamlined, transparent
services.
Soar's cutting edge banking technology platform is already
used by 10 credit unions around the UK. They will now have access
to Acquired.com's entire suite of award-winning payment products,
allowing a host of new services like automated reconciliation and,
for the first time, complete transparency over the entire payment
life cycle.
Soar's founder and CEO, Andrew Duncan (pictured), said:
"This is an important partnership for us and a statement about how
we intend to improve business processes for our ethical clients. It
will also allow their customers to view, manage and pay for a
variety of services through one mobile and desktop
application."
"Our clients will not be playing catch up with mainstream
players, as they are now enjoying the latest cutting edge tech, a
match for any organisation in the financial services
sector."
This new partnership is seen as a further boost as Soar
looks to expand throughout the UK and overseas.