Vice President of Operations
Likvido is a Danish-founded fintech company that removes the headaches of collecting customer payments. Like us, Likvido frees up time for its customers by letting them focus on what matters to their business.
But the work involved in manually managing their privacy program was essentially unrealistic for the busy startup.
Learn from Vice President Edwin Holst how Likvido scaled their privacy efforts with Openli, letting them spend their time on what matters to their business, too.
Before using Openli, Likvido didn't work strategically with privacy. The high financial impacts associated with it, and the pace at which the company moves, meant that Likvido just didn't get around to doing it.
Creating DPA’s, reviewing data processors, keeping vendors updated, all of the things needed to keep the platform compliant. Being a relatively small startup, it was quite a stretch for the team to make sure that their privacy efforts were up to par.
Ever since Likvido started using The Privacy Hub, their privacy program has taken off.
"Most of our efforts are on autopilot now," Edwin says; "I just check in every once in a while."
of Likvido now has their data processors managed by Openli, freeing up a lot valuable time for the startup. To boot, all privacy-related information is kept safe in one destination - making it much faster for the person in charge to respond to requests.
"I would recommend Openli to any company that values privacy, whether they have a dedicated team or not.", Edwin finishes.