Avida Bank AB

About Avida Bank AB

Avida Bank is a Nordic specialist bank providing financial solutions to businesses and consumers, supporting growth, investments, and cash flow optimisation. The offering includes factoring, corporate loans, credit cards, sales finance, and real estate financing, combining financial expertise with personal service and efficient, data-driven processes. Avida is currently strengthening its platform for sustainable and profitable growth. Following the acquisition of credit card and sales finance operations in Sweden and Norway, the company has expanded its customer base by approximately 500,000 customers and further established its presence in the Nordic market. Founded in 1983 and headquartered in Stockholm, Avida is a bank authorised and supervised by the Swedish Financial Supervisory Authority (Finansinspektionen). The company has approximately 160 employees, with offices in Sweden, Norway, and Finland, and serves customers across Northern Europe. Avida is majority-owned by KKR, one of the world’s leading investment firms. Deposits are protected under the Swedish deposit guarantee scheme.