CROWDFUNDING / REAL ESTATE

Payment solution for Property Investment Platform Tessin

Tessin, a leading Nordic property investment platform, has taken significant steps to enhance its payment processes for investors. During spring and summer, Tessin partnered with the Swedish payment institution Plusius and their strategic local banking partner to implement a robust new payment solution. This solution reintroduces the ability to make payments via Bankgiro, providing investors with a smoother, safer, and more efficient way to manage their transactions.

In June 2023, Tessin transitioned to a Luxembourg-based payment provider, which initially offered SEK account transfers. However, their previous payment provider announced it would discontinue SEK transfers. Requiring international payments to Luxembourg, Tessin sought a provider better suited to its operational needs. Plusius emerged as the ideal partner, delivering a customized, fully compliant solution that met all of Tessin’s requirements.

 

Solutions for Tessin

Payment in SEK via Bankgiro

  • Investors can now make payments directly to a Bankgiro number linked to a Plusius partner bank account, ensuring seamless local transactions. For international investors, Plusius provides an IBAN and BIC, making cross-border payments efficient and hassle-free.

Full Control of Funds

  • Plusius offers Tessin complete visibility and control over the flow of investor funds, ensuring that money reaches its intended destination securely and transparently.

API Integration

  • Plusius integrated its system with Plusius API n to manage client funds effectively, combining automation with strict regulatory compliance to safeguard investor transactions.

Local and EU-Wide Payment Solutions

  • Tessin benefits from localized payment solutions like Bankgiro in Sweden and SEPA payments in EU countries, all connected within a single platform.

 

Why Plusius?

Plusius specializes in delivering secure, automated, and innovative payment solutions for Swedish and international companies. With its cutting-edge technology and necessary financial licenses, Plusius is uniquely positioned to handle even the most complex payment flows.

 

Benefits of the Transition

  • Simplicity: Reintroducing Bankgiro payments streamlines the payment process for investors, making it more intuitive and user-friendly.
  • Security: Tessin’s investors gain peace of mind knowing their funds are handled through a compliant and secure solution.
  • Efficiency: The tailored solution minimizes administrative burdens and optimizes fund transfers for Tessin and its investors.

 

Andreas Wickberg, CEO of Plusius:
"Together with Tessin, we’ve built a customized solution directly integrated with Ålandsbanken for client fund management. This ensures a safer, clearer, and more efficient process. Our goal is to make Tessin’s services simple for users while maintaining strict regulatory compliance, empowering Tessin and its customers to make more profitable deals."

 

Smoother future for Tessin and its investors

By partnering with Plusius, Tessin has positioned itself to deliver superior financial services to its investors, ensuring that every transaction is secure, transparent, and effortless. With full visibility into the flow of funds and access to innovative local and international payment solutions, Tessin continues to lead the way in modern property investment.