Stabelo has completely digital mortgage loan processes and distribution of mortgage loans in its own management as well as through partnership agreements.
"The acquisition of Stabelo gives us new opportunities to meet more target groups such as younger and more digital customers. At the same time, we can develop the company by placing Swedbank's financial and knowledge-based resources behind an established brand", says Tomas Hedberg, vice CEO at Swedbank, in a press release.
Swedbank pays initially 350 million kronor and the final purchase price will depend on Stabelo's development up to and including the year 2028.
Stabelo currently has around 30 employees and will continue to operate on the mortgage loan market under its own brand.
