Avarda signs an agreement with a large Nordic merchant

Avarda AB, a subsidiary till TF Bank, has signed an agreement with a large Nordic merchant. Fully implemented, the total volume from this agreement is expected to be around 500 million SEK.

The agreement extends over a minimum of 18 months from the launch date, which is expected to be during the fourth quarter 2017. “We are obviously very happy that Avarda was chosen. It is further proof that we have a competitive product.” – Declan Mac Guinness, CEO, TF Bank.