Swedbank has acquired Stabelo for approximately 350 million kronor to enhance its mortgage business through innovative technology and improved distribution channels.
Target Information
Stabelo, founded in 2016, is recognized as one of the most modern and efficient platforms for mortgage lending in the market. The company has developed fully digital mortgage processes and offers the distribution of loans directly and through partnership agreements. With a workforce of approximately 30 employees, Stabelo is led by CEO Hampus Brodén.
As part of its ongoing evolution, Stabelo continues to innovate and enhance its service offerings while operating under its own brand within the mortgage market. The acquisition by Swedbank positions Stabelo to further develop its product suite and capabilities, ensuring a more robust customer offering.
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Industry Overview in Sweden
The Swedish mortgage market has been characterized by its rapid digitalization and the increasing demand for efficient lending solutions. With a growing population and a robust economy, the need
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Disclosed details
Transaction Size: $33M
Revenue: $2M