Volkswagen Semler Finans Danmark A/S enters into implementation and operation agreement with Banqsoft AS

Volkswagen Semler Finans Danmark A/S has entered into an agreement concerning implementation and operation of an important IT solution from the software company Banqsoft AS. The solution is crucial for the ambition of Volkswagen Semler Finans Danmark A/S to become the leading supplier of financing solutions for the automotive industry in Denmark. Plesner has assisted Volkswagen Semler Finans Danmark A/S throughout the process. 

Volkswagen Semler Finans Danmark A/S is a joint venture between Semler Gruppen and Volkswagen Financial Services. Volkswagen Semler Finans Danmark A/S will from 2021 offer different types of financing for motor vehicles in Denmark.

Plesner has assisted Volkswagen Semler Finans Danmark A/S with the drafting of the agreements as well as provided additional legal advice during the negotiations with Banqsoft AS.

Banqsoft AS is specialised in IT solutions for the financial sector and is a part of the KMD Group.

In addition to initial agreements, the contractual framework consists of two implementation projects and a long-term operation agreement.

The agreements ensure that Volkswagen Semler Finans Danmark A/S has an efficient and secure operation with a professional partner.

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