Collenda digitizes credit offer of Raiffeisenbank Werratal-Landeck with Open Credit solution

Raiffeisenbank Werratal-Landeck will offer a digital loan service for retail customers with the support of Collenda. Collenda will ensure the digital application via the bank’s own credit portal and comparison websites. The new offers will be available online from June 30, 2021.

Volksbank Werratal

Raiffeisenbank Werratal-Landeck has chosen Collenda’s innovative software solutions for the development of its new digital credit offering. The institute thus meets modern customer requirements in terms of convenience and speed. With the introduction of Collenda’s Open Credit – Loan Portal and Open Credit – Loan Origination products, the institute is able to set up online applications for loans and send the customer the loan decision within a few seconds. In addition to the application via Raiffeisenbank Werratal-Landeck’s in-house loan portal, it will also be possible to submit and process applications via comparison websites.

The end-to-end digitization of the application process will ensure an optimal user experience. Customers will be able to submit loan applications conveniently at any time and from any location. Collenda’s new applications will enable the bank to manage the loan application process more efficiently and easily handle increasing demand.

Collenda CEO Hartmut Wagner points out, “We are very pleased about the new comprehensive cooperation with Raiffeisenbank Werratal-Landeck. Thanks to the new comprehensive digital solution, the bank can best meet the changing demands of private customers as well as the requirements of employees. For Collenda, it is a great pleasure and an exciting task to play a leading role in this digitization offensive. Together, we will be able to offer customers significantly improved services. We are very much looking forward to a constructive collaboration.”

Michael Wollweber, Chairman of the Board of Raiffeisenbank Werratal-Landeck, adds: “Our customers are increasingly using digital channels to contact us and appreciate being able to access Raiffeisenbank Werratal Landeck eG products at any time.” With traditional consulting hours alone, many customers could no longer be served these days. “Nor is it possible to offer our products to a broad section of the population via the classic advisory channel,” says Michael Wollweber. “Collenda with its Open Credit – Loan Portal supports us in becoming a personal bank with digital products.”

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