NAB signs SME payments deal with Eedenbull
National Australia Bank (NAB) has signed a five year agreement with digital payments firm Eedenbull.
The deal sees EedenBull’s payments and spend management platform deployed to NAB’s small and medium-sized enterprise (SME) customers.
Eedenbull says its platform will enable the bank’s SMEs to track payments and spending “simply, efficiently and in real time”.
EedenBull will be providing NAB with its Q Business platform, which includes Q Control for the administrator and Q App for employees.
NAB is issuing its own cards with the platform, while customers use Q Business to manage cards and spending.
‘’Expense management software solutions are so often out of reach for small and medium sized businesses,” says Tania Motton, NAB everyday business banking.
“This exciting partnership will give our customers an intuitive expense management platform with full control and analysis of payments.”
Oslo-based Eedenbull has design teams in Singapore, a business development team in London, and an operations centre in Edinburgh.
“Q Business is taking commercial payments to the next level,” says Nicki Bisgaard, CEO and founder of Eedenbull.
“We look forward to being a partner on this journey in delivering value, control and flexibility to NAB.”