Collector Bank to acquire Lowell’s payment solution Lindorff Payments.

Collector Bank agreed to acquire Lowell’s payment solution business, Lindorff Payments. The transaction means that Collector Bank will double in volume in Finland, thereby strengthening its role as one of the Nordic leaders in payment solutions. “We are truly pleased about this opportunity to strengthen our position in the market for payment solutions in Finland and the Nordic region. The operations we are acquiring from Lowell are incredibly well managed. We are looking forward to serve our new clients increase sales and strengthen their customer experience,” says Martin Nossman, CEO of Collector Bank.