Banqsoft

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Banqsoft
Private
IndustryInformation technology
Founded1994; 30 years ago (1994)
HeadquartersOslo, Norway
Key people
Terje Kjøs (CEO), Espen Odland Larsen (CFO), Tobias Wikström (CCO)
Number of employees
400 (2023)
Websitewww.banqsoft.com

Banqsoft, headquartered in Norway, is a provider of asset finance, digital banking, and credit management software to financial service companies such as BNP Paribas, Sandvik, Santander Consumer Bank, Toyota Financial Services, and Eika Gruppen.[1][2][3]

History

Banqsoft was founded in 1994 by a group of IT professionals, primarily targeting Norway, Sweden, Denmark, Iceland, and Finland. It has since attracted customers on a global scale, and partnered with multiple industry players, such as Neonomics and Scrive.[4][5]

In 2015, Banqsoft became a fully owned subsidiary of KMD, which was acquired by NEC in 2019.[6][7] In 2020, Banqsoft acquired Norwegian software company Concent to expand its credit management and debt collection product line, and acquired part of Danish software firm E Foqus's Foqus Finance business.[8][9]

References

  1. "Strongholds of the Nordics", Nordic Fintech Magazine, Report on Nordic Fintech, 19 May 2022
  2. "2022-2030 Asset Finance and Leasing Software Market", Yahoo News, Proficient Market Insights report, 23 September 2022
  3. "Banqsoft - Customers", Banqsoft, Banqsoft Customers, 05 October 2023
  4. "Neonomics, Banqsoft to expand payments through Open Banking", The Paypers, News, 08 April 2022
  5. "Scrive joins forces with Banqsoft", Scrive, News, 28 September 2023
  6. "NEC Digital Finance Community", NEC, About Digital Finance Team, 05 October 2023
  7. "Annual Report: Continued Growth for KMD, KMD, Press Releases, 28 March 2023
  8. "NEC unit Banqsoft acquires E Foqus financial software business", Payments Dive, Foqus Finance Acquisition, 07 January 2020
  9. "Banqsoft Acquires Concent to Expand and Broaden its Market Position", Nasdaq, Concent Acquisition, 11 August 2020

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