Ikea buys Ikano Bank

Featured image of the article Ikea buys Ikano Bank

An article by Caroline Soutarson

Publication

4 April 2024 à 12h40

Updated on 9 April 2024 à 15h03

Reading time

1 minute

Publication: 4 April 2024 à 12h40, Updated on 9 April 2024 à 15h03

Reading time: 1 minute

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An article by Caroline Soutarson

Publication

4 April 2024 à 12h40

Updated on 9 April 2024 à 15h03

Reading time

1 minute

Publication: 4 April 2024 à 12h40, Updated on 9 April 2024 à 15h03

Reading time: 1 minute

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Swedish retailer Ikea, which offers fractional payment (BNPL) and consumer credit services, could soon be expanding a range of financial services. The parent company Ingka Group (total sales of €47.6 billion in 2023, up by 6.6%) announced on 26 March, for an undisclosed sum, the acquisition of Ikano Bank, a Swedish credit institution in which it already held a 49% share. A partner of Ikea for a number of years, Ikano Bank offers current accounts, home loans (in partnership with start-up...

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Article authors
Featured image of the article Caroline Soutarson
Caroline Soutarson Head of the “Mind Fintech” section
Featured image of the article Caroline Soutarson

Cheffe de rubrique Investissement et référente data chez mind Fintech

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