Avobis Group AG and Hypothekarbank Lenzburg AG become partners

The Avobis Group is working more closely with Hypothekarbank Lenzburg (HBL) in the area of digitalization. In the future, Avobis will process loans for its customers using the Finstar® open banking platform. The focus is in particular on the core functionality of Finstar® with master data and account management. Furthermore, the Avobis Group will be able to benefit from the payment transaction options of Hypothekarbank Lenzburg's open banking platform.

As part of the partnership, the two companies also intend to jointly drive forward the Finstar® open banking platform in the area of financing and lending business. To this end, the existing open interfaces (Open Application Programming Interfaces, Open API) are to be substantially expanded, among other things. In addition, further joint solutions are to be developed that will strengthen the strategic positioning of the two companies in the real estate and mortgage market.

Marianne Wildi, Chief Executive Officer of Hypothekarbank Lenzburg, emphasizes: "We are extremely pleased to enter into this partnership with Avobis. It shows that we can offer real added value to third-party companies in the financial sector with our Finstar platform. As a proven mortgage specialist, Avobis is an excellent fit for the new digital ecosystem we are currently building with our Finstar® open banking platform and various partner companies."

Thomas Abegg, CEO of Avobis Group explains, "With the HBL solution, we can optimally meet the requirements of our customers and further develop them in a targeted manner. This is another important step on our path to digitalization. We are very happy to have found an innovative partner in Hypothekarbank Lenzburg".