Rediem is live with Vilja Deposit in Germany and Sweden

Rediem Capital is a financial services provider committed to offering secure and reliable savings solutions. Rediem invests in the non-performing loan (NPL) market, financing its operations through customer deposits and leveraging an innovative, automated, and data-driven approach.

Vilja’s cloud-native core banking technology enables Rediem to configure and launch deposit products with flexibility and speed, while offering seamless integration with other technology providers. The project was delivered on time, taking just six months from signing to go-live in both Germany and Sweden.

“Financing through deposits offered to the general public provides a scalable and cost-effective financing alternative. We chose Vilja because they are the market leader, and we value their speed and agility. The benefits of a cloud-based delivery model—scalability, lower total cost of ownership (TCO), and enhanced security—are also key reasons for our decision,” says Regina Rasmanis, COO at Rediem.

“We’re pleased to work jointly with Rediem to launch savings accounts in both Germany and Sweden, this will help them scale their business. The project has been successfully delivered on time and on budget, yet another proof that we deliver on our promise.” says Fredrik Ulvenholm, CEO at Vilja.
For more information, please contact:

Fredrik Ulvenholm, CEO at Vilja, fredrik.ulvenholm@viljasolutions.com

Regina Rasmanis, COO at Rediem, regina.rasmanis@rediemcapital.com

About Rediem Capital
Rediem Capital is a financial services provider committed to offering secure and reliable savings solutions. Rediem invests in the non-performing loan (NPL) market, financing its operations through customer deposits and leveraging an innovative, automated, and data-driven approach. Read more on Rediem Capital website.