- 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.