POP Pankki
A mobile banking application
A mobile banking application, one of the highest rated at Google Play and Appstore in Finland.
New mobile banking app from scratch
Over the past few years, Speednet has built a mobile application for the POP Bank Group that has achieved the best user rating on the market (4.8 / 5).
The application is used daily by approximately 30,000 Android users and 11,000 iPhone users.
The biggest success of this project
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The number of POP Pankki clients in the insurance area increased by nearly 20%.
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The bank achieved the best results in its history, recording a profit increase of 126%
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Bank enjoyed the highest customer satisfaction in the Scandinavian countries (EPSI Rating 2019)
About the service for the Scandinavian bank
The usability and quality of mobile services are at the heart of any successful banking strategy.
Created for a group of cooperative banks and insurers, the POP Pankki app identifies users using the TUPAS protocol (the Finnish Online Bank Identification Strong Customer Authentication platform). It has also passed the Finnish F-secure security audit. The app communicates with external APIs to complete banking operations (payments, account management, savings accounts, loans), servicing insurance (generating quotes, purchasing policies, paying premiums), and external services (e.g., selling investment funds).
The application provides functionalities for the bank’s customers and has created an entirely new channel for cross-selling. In the year the application was launched, the number of POP Pankki clients in the insurance area increased by nearly 20%.
Our solution was one of the foundations of POP Pankki’s digital transformation. After implementing it and completing other transformation processes, in 2019, the bank achieved the best results in its history, recording a profit increase of 126% and enjoying the highest customer satisfaction in the Scandinavian countries (EPSI Rating 2019).
Challenges in the new mobile banking app for Pop Pankki
Main challanges
- Digital transformation of the bank cooperatives (diverse stakeholders and digital debt)
- New UX/UI supporting users in day-to-day operations
- Create secure and scalable software for future upgrades
- Cross-sell functions for insurance and mortgages within the app
- New functionalities enhancing the convenience of the clients
Our team behind the mobile application
A team of 17 specialists from Speednet was involved in the project. The team included Android and iOS developers, UX designers, testers, business analysts, and a project manager. They developed a beta version in 3 months and then worked on the release candidate for 6 months. It took them 9 months to develop the live version. Read more about this case.
involved in the project during working and releasing phase️
Clik here to visit POP Pankki websiteSpeednet has proved to be the right partner. It became clear from the early stages of the project that they were a partner extremely committed to delivering high-quality software. Throughout the project, the collaboration went smoothly: Speednet was able to quickly grasp, based on a few tips, what we needed and come up with a well-thought-out solution.
About the client – POP Pankki
POP Pankki is a group of 18 local cooperative banks in Finland. The group offers retail banking services to private customers, small and medium-sized companies, agricultural and forestry companies, and non-life insurance services to private customers. POP Bank Group’s history dates back to 1997.
Speednet and POP Pankki build together a mobile banking application that increased insurance sales by 20%
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