Stabelo

What Stabelo does

Stabelo AB is a Swedish digital mortgage lender founded in 2016 and headquartered in Stockholm, operating under Finansinspektionen supervision (Lag 2016:1024). The company provides residential mortgages to Swedish consumers for permanent homes (bostadsrätter and fastigheter with typkod 220), loan commitments, mortgage transfers, bridging loans, deposit loans, and green mortgage variants offering 0.10-0.20 percentage point rate discounts for energy-efficient properties. Its core platform is a fully digital application flow with instant loan commitments, BankID-based signing, and no setup fees, monthly fees, or "helkundskrav" (full-customer-relationship) bundling requirements.

Stabelo's business model is net interest income on its loan book, with funding sourced primarily through a SEK 10 billion Folksam commitment to Stabelo's mortgage funds and equity from Creades, rather than traditional retail deposit gathering. Distribution is the strategic centerpiece of the model: Stabelo's products are sold direct via its website and also embedded as a white-label mortgage offering inside Avanza and Nordnet, Sweden's two largest digital investment platforms, giving the company reach to a large captive investor/saver audience without a branch or advisory sales force. As of late 2025 the company reported approximately 25,000 customers, a ~SEK 17 billion mortgage book, ~30 employees, a 4.5/5 Trustpilot rating, and average customer rates modestly below the Swedish market average per Compricer data.

In July 2025 Swedbank announced the acquisition of Stabelo for at least SEK 350 million (final price contingent on performance through 2028), completing the deal in November 2025 and absorbing Stabelo's loan book and platform into its mortgage franchise. Stabelo continues to operate under its own brand as a Swedbank subsidiary, with the founders (Michael Ingelög, Wilhelm Moberg, and CEO Hampus Brodén) having led the company since founding.

Name

Stabelo

Legal name

Stabelo AB

Website

https://stabelo.se

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

11–50 employees

Short description

Stabelo AB is a Stockholm-based digital mortgage lender offering fully digital residential mortgages, loan transfers, and green loans to Swedish consumers, distributed direct and through Avanza and Nordnet, now a Swedbank subsidiary following its 2025 acquisition.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Mortgage Interest Spread: Revenue generated from the spread between lending rates offered to customers and funding costs. Stabelo offers competitive interest rates on mortgages, generating income from the interest differential.
2. Loan Origination Fees: No setup fees or hidden charges mentioned - customers pay only the agreed mortgage interest rate

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Stabelo is a fully digital Swedish residential mortgage lender offering home-purchase mortgages and mortgage transfers of up to 90% loan-to-value (SEK 500,000–20,000,000) with no setup, monthly, or hidden fees, priced via non-negotiated published rates. The company serves customers directly through its website and BankID-based digital application flow, and indirectly through embedded distribution at Avanza and Nordnet, with green-mortgage variants adding automatic 0.10–0.20% rate discounts for energy-efficient properties and energy-improving renovations.

Product overview

Stabelo is a digital mortgage service offering a unified platform for Swedish residential mortgages. The core product is fully digital mortgage loans (Bolån) distributed primarily through Avanza and Nordnet platforms, supplemented by proprietary direct channels. Key offerings include loan commitments (Lånelöfte), mortgage transfers (Flytta Bolån), and extension services, along with supplementary products such as bridging loans (Överbryggningslån) and deposit loans (Handpenningslån). Green mortgage products (Gröna Bolån with 0.10% discount and Gröna Tilläggslån with 0.20% discount) incentivize energy-efficient properties. Supporting tools include the Boprisindikator for housing price forecasting and Boränteindikator for mortgage rate predictions. The company operates under Finansinspektionen supervision per Lag (2016:1024) om verksamhet med bostadskrediter.

Differentiator

Problem solved

Functional benefit

Products and services

• Bolån (Mortgage Loans) Fully digital Swedish residential mortgage for primary homes (bostadsrätter and fastigheter typkod 220), lendable up to 90% of property value, SEK 500,000–SEK 20,000,000, with non-negotiated published rates and no setup, monthly, or hidden fees.
• Flytta Bolån (Mortgage Transfer) Service for Swedish homeowners to transfer an existing mortgage from another lender to Stabelo, with up to 90% loan-to-market-value (without extending the loan) and optional loan extension where allowed.
• Överbryggningslån (Bridging Loan) Temporary loan that covers the down payment when a borrower holds two residences during a transition period; approved up to 85% of sale price minus existing loan, capped at SEK 15 million, at a fixed 3% interest rate.
• Handpenningslån (Deposit Loan) Temporary loan to fund the down payment (up to 10% of the new property's price) when purchasing a new home before the existing one has sold, at a 3% interest rate.
• Utöka Bolån (Extend Mortgage) Service to increase an existing mortgage balance when transferring it to Stabelo, lendable up to 80% of the property's amortization- and loan-capacity-ground value, subject to amortization rules and borrower capacity.
• Gröna Tilläggslån (Green Supplementary Loans) Supplementary mortgage for energy-improving renovations offering a 0.20 percentage-point discount on the new mortgage, in addition to the standard green-mortgage 0.10% discount, aimed at driving energy-efficiency upgrades.

Quantifiable outcome

• 25,000 satisfied customers
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• AvanzacoreChannel Partner/ Reseller/ DistributorStabelo's mortgages are distributed via Avanza, one of Sweden's leading digital platforms for savings and investments. Avanza customers can access Stabelo's mortgage products as part of Avanza's financial services offering. The partnership allows Stabelo to reach a large base of Swedish investors who are potential mortgage customers.
• NordnetcoreChannel Partner/ Reseller/ DistributorStabelo's mortgages are distributed via Nordnet, a leading Swedish digital investment platform. The partnership enables Nordnet customers to access Stabelo's mortgage products, leveraging Stabelo's competitive rates and digital-first experience.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hypoteket: Swedish digital mortgage broker operating a similar online-only model focused on transparent, non-negotiated rates and partner distribution. Closest comparable in size and value proposition to Stabelo within Sweden.
• Marginalen Bank: Swedish niche bank offering consumer and mortgage lending with a digital-led model. Comparable as a smaller, product-focused Nordic lender competing with Stabelo's specialist positioning.
• Landshypotek Bank: Swedish member-owned mortgage specialist bank with a long-standing residential mortgage franchise. Comparable as a focused Swedish mortgage lender though distributed primarily through member channels rather than digital-first.
• Svea Bank: Nordic fintech group with consumer and SME lending, including mortgage operations in Sweden. Comparable as a Nordic fintech lender with multi-channel mortgage distribution, broader than Stabelo in product scope.
• IKANO Bank: Swedish-originated Nordic bank offering mortgages and consumer lending with digital distribution. Comparable as a digital Nordic mortgage and consumer credit specialist, slightly broader in product set.

Broad incumbents

• SBAB: Sweden's largest pure-play residential mortgage lender, state-owned. Offers a strong digital mortgage experience at scale; broader product set and incumbent funding advantage make it a key competitor to Stabelo's positioning.
• Skandiabanken (Skandia): Swedish digital-first bank with a significant mortgage book distributed through Skandia's insurance and savings customer base. Comparable in digital-first mortgage distribution, though broader in product offering.
• Länsförsäkringar Bank: Swedish regional bank with a large mortgage portfolio distributed through the Länsförsäkringar insurance cooperative network. Operates in the same Swedish residential mortgage market with comparable products.
• Nordea (Mortgage): Largest Nordic universal bank with a major Swedish residential mortgage franchise and broad digital capabilities. Competes directly in the same Swedish mortgage market as Stabelo but at vastly greater scale.

Emerging players

• Compricer: Swedish price-comparison platform for mortgages and financial products. Adjacent rather than directly competitive — uses Stabelo's average rates as a market benchmark — but operates in the same customer acquisition funnel for Swedish mortgage shoppers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/stabeloab?lang=en
• Facebookfacebook.com/stabelobolan
• LinkedInlinkedin.com/company/stabelo
• Instagraminstagram.com/stabelobolan

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stabelo