Originally launched in 2000 as Skandiabanken, Sbanken was the first pure-play digital bank in Norway. The company's mission was to provide simple, transparent, and user-friendly banking services without physical branches, focusing on cost-effectiveness and digital self-service. It offered a comprehensive suite of personal banking products, including savings and checking accounts, mortgages, consumer loans, and investment services like mutual funds and stock trading. In 2022, following a lengthy acquisition process, Sbanken ASA was acquired by DNB Bank ASA, Norway's largest financial services group. While the legal entity was merged, DNB has maintained Sbanken as a distinct brand and concept to serve its digitally-native customer base.

Founded in

Norway