Hannes Snellman Joint Counsel to Nordea Bank and OP Osuuskunta in Forming Joint Venture to Improve Payment Services in Finland

Hannes Snellman acted as joint counsel to Nordea Bank Abp and OP Osuuskunta in a transaction whereby Nordea and OP will expand the operations of their 50/50 owned joint venture company, Siirto Brand Oy. Through the joint venture, Nordea and OP aim to develop phone number based payment and e-invoice management solutions for consumers and companies. The solution will be open to other market participants as well. 

Hannes Snellman’s core team comprised Tuire Kuronen, Joonas Vartia, Rebecca Osola, and Emilia Reis from our M&A and Corporate Team; Peter Forsberg, Jenni Heurlin, and Annika Grönholm from our Competition and Regulatory Team; and Jesper Nevalainen and Lasse Riski from our IP & Tech Team.