Cash quickly
Toni Rönkkö, CFO at Ropo Capital, says: “Ropo Capital is an outsourced service provider, offering invoicing lifecycle services and data logistics services. In our invoicing lifecycle service, the customer forms an invoicing file, sends it to us and then we take care of the rest of the process until our corporate customer has been paid by their end customer.”
Ilkka Sammelvuo, CTO at Ropo Capital, adds: “Ropo’s service is based on our own technology, which aims to automate these processes, increasing efficiency for our customers. Cash turnover is important. It’s one thing to send an invoice but you need to get the cash quickly to help your customer. That’s where we excel.”
A partnership supporting growth
Originally a tech start-up, Ropo Capital has experienced a number of years of strong growth, moving from a team of 20 people in 2011 to over 200 today. As Ropo has rapidly grown, Nordea has been able to support the company through each stage of its development.
Ilkka Sammelvuo says: “It’s also been an important journey for us and our partners. For example, we’ve partnered with Nordea right from the start. Our service is heavily based on bank infrastructure and on moving cash between accounts and Nordea’s been a great help. We’ve solved problems together, resulting in better service for our customers. That’s how we’ve achieved growth. We’ve also managed to scale up our business continuously.”
A decade of close partnership between Ropo Capital and Nordea has seen a number of solutions developed and challenges met along the way.