Lisa& Powers Samsung’s Sustainable Device Initiative Across Nordics

Press Release August 7 2024

Today the Sweden-based embedded lending platform Lisa& announced a partnership with Samsung Electronics Nordic AB to power the company’s sustainable device initiative, Samsung Flex, across the Nordics. The announcement comes as Samsung has unveiled its new product line and AI tools during its Galaxy Unpacked Summer 2024 launch.
As Samsung Electronics Nordic AB’s embedded lending partner for Flex, Lisa& is providing an all-in-one embedded lending solution that is integrated into Samsung’s check-out flow. Lisa&’s platform includes device financing and credit risk management, enabling the roll out of a Samsung-branded rental offering to consumers across the four Nordic markets (Sweden, Denmark, Norway, and Finland).

“This partnership with Lisa& is incredibly important to us,” said Oscar Nöjd, Head of Sales Innovation at Samsung Electronics Nordic AB. “Not only does the Flex program enable us to offer great services to consumers, it’s a step toward a more circular business. When customers return devices to us, we work with a refurbishment partner to put them back in the market, extending their life significantly.”

Samsung Flex empowers customers to experience Samsung devices in the way that best suits them: either through a highly flexible plan that gives them the freedom to change devices when they want, or through a lower-cost plan with a two year commitment period.

“Samsung is dedicated to ensuring innovative and hassle free customer experiences and the Flex programme is a great example of that” Nöjd added “and in Lisa& we have found a partner that shares this ambition”

In addition to embedded lending, Lisa& supports companies in setting up subscription businesses by providing a variety of services from contract and customer validation to credit checks to payment monitoring.

“We are proud to be partnering with Samsung across the Nordics,” said Viktor Tingström, Chief Commercial Officer of Lisa&.
“They are a large company taking action toward building a greener business, which is very important. Lisa& has always believed that companies should take a more active role in developing sustainable solutions, and in this age of disposable devices, Samsung’s efforts to reduce waste while offering better options to customers is admirable.”

“This program is in the sweet spot for Lisa&,” Tingström added, “because it solves a big business challenge while making sustainable products more accessible to people around the world.”

About Lisa&

Lisa& is a Stockholm-based embedded lending platform focused on sustainability. They offer an all-in-one embedded lending solution with individual microservices to enable companies to transition to greener business models based on subscriptions and Product-as-a-Service (PaaS). These business models give more people affordable access to products and technologies that are better for the climate and environment.

Lisa& has a core belief that it is possible to build thriving societies if businesses play a more active role in delivering products and services that benefit the planet. Their platform is designed with this goal in mind by enabling companies to create recurring revenue, extend the lifecycle of their products, and reduce waste.

Lisa& works with global companies that are focused on delivering clean technology and sustainable solutions to customers around the world.

For more information about Lisa&, contact Viktor Tingström, +46 (0)79 101 95 65 or viktor@lisaand.com
Published at September 6, 2024
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