Trifork strengthens its fintech offerings by entering an integration partnership with Modularbank

Press Release, July 2, 2021

Press Release, July 2, 2021

Click here to read the press release in danish

Trifork, a next-generation IT services provider, and Modularbank, a cloud-native core banking as a service solution, have entered an integration partnership, strengthening both companies’ banking and fintech offerings.

As banking continues the transformation from branches on street corners to digital services, the importance for the financial industry to develop and offer innovative and easy-to-use digital solutions has increased.

Modularbank has built a highly configurable core banking platform featuring a comprehensive set of retail and business banking capabilities. We help financial innovators rapidly develop, test and roll out new products and experiences, all of which starts from the core. Trifork will leverage its vast experience in building innovative fintech solutions to develop add-on features to Modularbank’s core banking platform and support the customers in the financial industry throughout the implementation process.

“Fintech is a core business area in our growth strategy, and the partnership with Modularbank, who have developed a platform allowing both established financial service companies and fintech startups to quickly roll-out tailored digital services, further strengthens our offering within the important and fast-growing fintech segment,” said Trifork FinTech CCO, Peter Rørsgaard.


Modularbank’s scalable platform consists of independent modules, allowing customers to pick and choose the exact capabilities they need in order to meet their business objectives. Its API-first approach facilitates easy integration with other services and systems, enabling the roll-out of new product offerings in a flexible, fast and cost-efficient manner when compared to legacy banking platforms.

“Partnering with Trifork, an IT and business services provider with such a significant presence throughout Europe, enables us to better serve our quickly growing customer base. Combining our flexible and lightweight core banking technology with Trifork’s reach and proficiency in building new use cases, we will bring fintech innovation to more and more customers within Europe, letting them unlock the full potential of our core banking platform.”

Julien Douve, Alliance Manager, Modularbank

Prior to entering the integration partnership, Trifork and Modularbank are already working together on several customer cases.

For more information, please contact:

Media

Peter Rørsgaard, Trifork CMO, pro@trifork.com,  +45 2042 2494

Kalli Kulla, Modularbank Head of Marketing & Communications, kalli.kulla@modularbank.co,
+ 372 5127590

About Modularbank

Modularbank is a next-generation core banking platform. It underpins the aims of both regulated banks and other businesses in meeting customer needs and aspirations by enabling the rapid rollout of new financial services. The company was founded in 2019 by a small group of Estonian financial IT pioneers and entrepreneurs who have a strong background in banking. Modularbank serves businesses across industry sectors including financial services, telemedicine, retail and construction. The company currently has offices in Tallinn and Berlin, and employs over 50 people from 15 different nationalities. Find out more at Modularbank.co.

About Trifork

Trifork is a global NextGen IT company that develops innovative software solutions in collaboration with its customers. The company has more than 800 employees, with offices in 10 countries in Europe and the USA, and works in six business areas: Digital Health, FinTech, Smart Building, Cloud Operations, Cyber ​​Protection and Smart Enterprise. Trifork’s research and development takes place in Trifork Labs, where Trifork continuously co-invests and develops technology start-up companies. Trifork is behind the brand, GOTO, which runs a global tech community with over 200,000 subscribers and more than 20 million views on YouTube. Learn more on trifork.com