Econans and SkenarioLabs Team Up to Give Banks New Green Finance Options

Econans and SkenarioLabs Team Up to Give Banks New Green Finance Options
  • Finland-based SkenarioLabs and Sweden’s Econans announced a collaboration this week.
  • The partnership will provide financial institutions with a number of new green finance tools.
  • SkenarioLabs made its Finovate debut earlier this year at FinovateEurope. Econans demoed its technology at our online European fintech conference in 2021.

SkenarioLabs, a predictive data analytics solution provider for the real estate industry, has announced a new partnership with fellow Finovate alum, Econans. The collaboration between SkenarioLabs and the Swedish financial advisory platform will give banks a range of new green finance tools.

The joint venture between the two companies will help financial institutions navigate regulatory trends based on concerns over climate change. These trends include the EU Taxonomy for sustainable activities, the Corporate Sustainability Reporting Directive (CSRD), and the Energy Performance of Building Directive (EPBD) – among others. The partnership between Skenario Labs and Econans will provide institutions with a future-proof, end-to-end solution that helps them meet reporting obligations and supports building energy transition.

“We’re thrilled to announced our partnership with Econans – Energy Transition Unlocked – a pioneering Swedish finance advisory platform,” SkenarioLabs shared in a post at LinkedIn. “Together, we strive to pave the way for a more resilient future in real estate – exciting times ahead!”

Founded in Finland in 2015, SkenarioLabs made its Finovate debut earlier this year at FinovateEurope 2024 in London. At the conference, the company demoed two solutions. The first was its green finance offering that analyzes the potential for enhancing energy performance. The solution then recommends financing options that help reduce carbon emissions. The company also demoed its climate resilience solution. This technology helps institutions understand and manage the impact of climate change – as well as emerging laws and regulations – on their real estate portfolios.

Econans made its Finovate debut three years ago at our online European fintech conference in 2021. The company, founded in Sweden in 2018, offers digital simulation and automated advice to help people better manage their personal finance journey through major life events such as buying a home, having children, and planning for retirement. Econans’ technology helps boost consumer’s confidence in their financial services partner and delivers higher conversion rates for banks and real estate companies. The firm’s white label solutions are easy to integrate and currently have more than 500,000 end users per month in Sweden.


Photo by Mihis Alex

FinovateEurope 2024 Sneak Peek Series: Part 4

A look at the companies demoing at FinovateEurope in London on February 27. Register today using this link and save 20%.

Corsound AI

Corsound AI utilizes innovative technology to verify customers’ identities for financial institutions, leveraging over 200 patents to detect AI scams and voice fraud.

Features

  • Provides an innovative method to detect deepfakes in call centers, with or without DB
  • Delivers a revolutionary way to prevent identity theft
  • Offers a unique voice-face matching technology

Who’s it for?

Banks, credit unions, payment providers, and small-and-medium-sized businesses.

Dotfile

Dotfile is an end-to-end business verification platform that automates KYB and AML procedures, reduces fraud, and streamlines compliance operations.

Features

  • Verifies businesses and UBOs and maps corporate structures
  • Automates onboarding, from data collection to risk scoring and periodic monitoring
  • Creates flexible risk-scoring models with custom rules

Who’s it for?

Payment service providers, banks, fintechs, forex platforms, private equity firms, crypto brokers, and asset managers.

Eleos

Eleos partners with consumer brands to embed income protection and life insurance into their online journeys.

Features

  • Bridges access and awareness gap that has kept penetration of these products down
  • Adds additional revenue stream for distributors
  • Improves customer retention rate for brands

Who’s it for?

Direct to consumer fintechs.

Finerative

Finerative is a Gen-AI native startup bringing generative technology to the financial space.

Features

  • Improves productivity and operational efficiency while driving revenues
  • Increases client satisfaction
  • Delivers innovation

Who’s it for?

Universal banks, private banks, asset management entities, wealth management institutions, and independent financial advisors.

SkenarioLabs

SkenarioLabs’ predictive data analytics solution integrates an advanced suite of risk assessment and reporting tools to guide sustainable investment and lending decisions in real estate.

Features

  • Minimal data requirements: delivers accurate insights from address-only data
  • Single-platform integration: provides value, risk, & ESG assessments for all asset classes
  • Streamlined compliance: offers flexible analytics

Who’s it for?

Banks and building societies, real estate investment and advisory firms, and insurance providers.

Tuum

Tuum’s next generation core banking software platform removes legacy constraints, transforms existing business models, builds new business models, and unlocks new revenue streams. Core Banking. Without Limits .

Features

  • Delivers a cloud native, modular, API first software – unlimited scalability and flexibility
  • Features Beyond Core – accounts, lending, cards, & payments from a single platform
  • Offers a highly configurable platform – launch new products in minutes

Who’s it for?

Retail and corporate banks, EMIs, fintechs, and financial institutions.

Zeed

Zeed offers a platform for public companies and asset managers to reach, educate, and engage retail investors using AI and video content.

Features

  • Reaches and educates investors where they already are
  • Utilizes AI-generated financial video content
  • Tracks attribution to share price liquidity and AUM

Who’s it for?

Public companies, asset managers, retail investors, and brokerage platforms.