Støtte, a platform designed to make it easier for sports associations and humanitarian organizations to receive support, announces its introduction of open banking with Neonomics.
Støtte allows supporters to make micro-donations “with every financial transaction they make. Neonomics has worked closely with Støtte to connect end users with their transactions across all banks to seamlessly map and track purchases to simplify how they send support to their clubs.”
Støtte aims to enhance the way “financial aid is given and received in the sports community, paralleling the effectiveness of charity donations.”
Fans and supporters of sport clubs and humanitarian organizations “can pledge to donate a small amount of money every time they make a transaction.”
At the end of each week, the accumulated donations are “deducted from their accounts and transferred to the sport clubs they support.”
Jørgen Rangnes, founder of Støtte, said:
“Support is vital for both sports and humanitarian organisations to continue what they do. Our platform enables anyone to contribute effortlessly, ensuring that financial aid is always flowing in to help these organizations thrive. We have worked closely with Neonomics from inception to map out what is possible and are excited to grow this offering together through the power of open banking.”
Through the partnership with NIF, Støtte gains access “to a wide network of sport clubs across Norway. Sport clubs can easily sign up to join Støtte, enabling them to start receiving donations from fans immediately.”
Christoffer Andvig, CEO of Neonomics:
“We are pleased that Støtte have selected Neonomics as a core partner in enabling this unique service that shows what is possible through close collaboration. This partnership will greatly enhance the user experience for both donors and organizations, fostering a stronger community of support within Norwegian sports and humanitarian aid.”
Fans and supporters can choose to donate “any amount from 2 NOK per transaction, making it flexible and manageable for everyone.”
This innovative approach ensures that even small contributions “can add up to significant support over time, providing a consistent financial boost to organisations that need it.”
Neonomics is an open banking disruptor “unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market.”
Founded and headquartered in Oslo, Norway in 2017, the company currently “has a growing highly technical team representing 25 different nationalities with close to 40% being female.”
Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services “to a wide range of customers spanning FinTechs, payment service providers, banks and more.”