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Nordnet

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Nordnet AB (publ)
Company typePublic Aktiebolag
Nasdaq StockholmSAVE
ISINSE0015192067
IndustryFinancial services
Founded1996; 28 years ago (1996) in Stockholm, Sweden
Headquarters,
Sweden
Areas served
Key people
Services
RevenueIncrease SEK 3.63 billion[1] (2021)
Increase SEK 2,45 billion[1] (2021)
Total assetsSEK 232.54 billion[1] (2021)
Owners
Number of employees
798 (2021)
Websitenordnetab.com

Nordnet AB (publ), commonly shortened to Nordnet, is a pan-Nordic financial services company, headquartered in Stockholm, Sweden. Nordnet was founded in 1996, becoming the first Internet broker in Sweden, and has expanded since to provide other saving and investment services. The company is divided into three business areas, Savings and investments, Loans, and Pensions.

Besides Sweden where the headquarters are located, Nordnet provides services to customers in Denmark, Finland, and Norway, with local offices present in Copenhagen, Helsinki, and Oslo respectively. In April 2020, Nordnet has reached a milestone of 1,000,000 customers.[2]

In 2017, Nordnet became the first Swedish bank to offer direct deposits via Swish. Other examples of launches from the period 2017-2018 are brokerage-free trading in exchange-traded products, expanded offer in mortgages, new mobile application, share loan program and digital advisory services.[3]

Nordnet was originally founded as an online brokerage subsidiary of the Öhman financial group. For the first time, Nordnet was traded on the Nasdaq Stockholm between April 2000 and February 2017, when it was privatized by the Öhman group and Nordic Capital.[4] In November 2020, Nordnet was relisted on the Nasdaq Stockholm, with the Öhman group remaining the largest shareholder with 21.64% of total shares.[5]

Headquarters in Kungsholmen, Stockholm

See also

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References

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  1. ^ a b c "Nordnet's Annual and Sustainability Report 2021" (PDF). Nordnet AB (publ). 2021.
  2. ^ "Nordnet passerar en miljon kunder" (Press release) (in Swedish). Nordnet AB (publ). 17 April 2020. Retrieved 29 January 2021.
  3. ^ "Nordnets historia" (in Swedish). Retrieved 25 July 2022.
  4. ^ "Tummen upp för Nordnets återkomst". Svenska Dagbladet (in Swedish). TT News Agency. 25 November 2020. Retrieved 29 January 2021.
  5. ^ "The share". Nordnet AB (publ). Retrieved 29 January 2021.
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