Dreams, a Swedish FinTech that focuses on financial wellbeing, has established a new business-facing entity.
In Brief:
Dreams Technology is a new entity to expand into the B2B space.
It is currently a B2C offering to help consumers in Sweden and Norway manage their money.
It focuses on saving, investing and debt management.
What does this mean?
The business has decided to white label its financial wellbeing technology and separate the business into B2C and B2B entities. The B2C unit will be a joint venture with BNP Paribas.