Avarda Bank AB (publ)

Avarda Bank AB (publ) is a digital bank providing consumer banking services and e-commerce solutions across Europe. It operates through three main segments: Consumer Lending, Ecommerce Solutions, and Credit Cards, offering deposit products, unsecured consumer loans, digital payment solutions, and credit cards. The bank serves private individuals in countries including Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Ireland, the Netherlands, Italy, and Spain. As a customer-centric institution, Avarda Bank AB (publ) leverages a proprietary IT platform and self-developed scalable infrastructure to deliver integrated payment, savings, and lending services. Its Ecommerce Solutions segment provides secure, flexible unified payment solutions via a white-label model, enabling retailers to manage the customer journey and foster loyalty. Headquartered in Borås, Sweden, and incorporated in 1972, Avarda Bank AB (publ) functions as the parent company of Avarda Group, emphasizing cost-efficiency, profitability, and technological innovation in the diversified banking sector.