Fixrate
Fixrate is a Norwegian digital marketplace that lets businesses compare and place corporate liquidity with around 60 banks and 15 fund managers via a BankID-authenticated platform, serving 1,000+ enterprises, public-sector entities, and accountant-led mid-market clients across Norway.
- Company typePrivate
- Founded2017
- HeadquartersSteinkjer, Norway
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Fixrate does
Fixrate AS is a Norwegian fintech operating a two-sided digital marketplace that enables businesses to place corporate liquidity into bank deposits and bond funds. The platform aggregates roughly 60 Norwegian banks and approximately 15 fund managers (including DNB, Storebrand, KLP, Alfred Berg, BlackRock, J.P. Morgan Asset Management, Borea and Amundi) into a single comparison and execution interface accessible via BankID-authenticated self-serve onboarding. Customers range from large enterprises (Bane NOR, Hafslund, Bonheur ASA) to public sector entities (Østfold Fylkeskommune), insurance companies, non-profits (Human-Etisk Forbund), startups (Appfarm) and aquaculture firms (Nordlaks, Egil Kristoffersen & Sønner); the accountant partner channel adds a mid-market distribution route.
Under the hood, Fixrate runs a cloud-based marketplace with BankID-driven KYC/AML, a dedicated subsidiary Fixrate Capital AS that is licensed by Finanstilsynet (concession ID 231731) to distribute funds, and client custody held at DNB Bank ASA outside Fixrate's balance sheet. Differentiated features include real-time rate comparison, a tender/bid function for large deposits (launched May 2025), investment mandate functionality with delegated authorities (May 2025), and IFRS-adapted consolidated reporting that integrates with treasury systems such as STACC Escali. Fund trading settles on a T+2 basis.
The business model is dual-sided. Bank deposit placements are free to businesses; banks pay Fixrate for access to corporate depositors, particularly via regional and savings banks (sparebanker) seeking institutional funding. Bond fund placements carry a tiered platform fee of 0.035%–0.15% on assets under management, billed quarterly, alongside underlying fund management fees. Disclosed platform-scale metrics include 91.37 billion NOK in deposit volume, more than 1,000 business customers, and 274–292 million NOK in annual customer value-add on deposits. The company is privately held (founded 2017, headquartered in Steinkjer/Trøndelag, Norway) with a small team (1–10 employees) and strategic investors including former Nordnet CEO Anders Skar (chairman, from January 2024) and customer-investor Nordlaks (2024).
Fixrate firmographics
Firmographics- Name
- Fixrate
- Legal name
- Fixrate AS
- Website
- https://fixrate.no
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Fixrate is a Norwegian digital marketplace that lets businesses compare and place corporate liquidity with around 60 banks and 15 fund managers via a BankID-authenticated platform, serving 1,000+ enterprises, public-sector entities, and accountant-led mid-market clients across Norway.
- Ownership category
- akta.pro rank
Fixrate industry classification
Industry- Product category
- Corporate Treasury Marketplace
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Payment Reconciliation, Reporting & Settlement Infrastructure (FSAGABAH)
Keywords
Where Fixrate is headquartered
LocationHeadquarters
- HQ city
- Steinkjer
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Fixrate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Bank deposit intermediation: Free for businesses to place deposits via the platform. Revenue is generated from banks who pay Fixrate for access to corporate depositors they would otherwise not reach. This is a referral/intermediation model where the platform enables local banks nationwide to access larger corporate depositors.
- Bond fund platform fees: Fixrate Capital AS charges businesses a tiered platform fee (0.035% to 0.15% annually) based on total fund assets under management. Fee is calculated daily on total fund holdings and invoiced quarterly. In addition, fund management fees are paid to the underlying fund managers. The platform offers institutional share classes and distributor pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Bank deposits: Free for businesses |
| Subscription | Quarterly | Bond fund platform fee: 0.035% to 0.15% annually |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Fixrate product offering
Product offeringCore offering
Fixrate operates a digital marketplace that enables Norwegian businesses to compare and place bank deposits across approximately 60 Norwegian banks and invest in bond funds from approximately 15 fund managers on a single platform. The service is free for businesses on bank deposits (banks pay Fixrate) and includes BankID onboarding, standardized KYC, consolidated IFRS reporting, tender functionality, and placement mandate tools for treasury governance.
Product overview
Fixrate operates as a unified fintech platform offering Norwegian businesses a one-stop-shop for liquidity management through two interconnected core products: the Bank Deposit Marketplace (accessing ~60 banks) and the Bond Fund Platform (accessing ~15 fund managers). The platform enables businesses to compare rates, execute placements, and access consolidated reporting across all positions. Additional services include an Interest Calculator, Professional Features (Proff), a Partner Portal for accountants, and educational content including a CFO School webinar series and Renters Rente podcast.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank Deposit Marketplace Digital marketplace enabling Norwegian businesses to compare and place deposits across approximately 60 Norwegian banks with competitive interest rates, 31-day notice periods, and NIBOR-linked floating rates. Free for businesses; banks pay Fixrate. Minimum placement 1 million NOK.
- Bond Fund Platform (Rentefond) Platform for purchasing and managing fixed income funds including liquidity funds and bond funds from approximately 15 fund managers (DNB, Storebrand, KLP, Alfred Berg, BlackRock, J.P. Morgan, Amundi, Borea, Landkreditt, Holberg, First Fondene, ODIN, Arctic, Danske Invest, Pareto), with institutional pricing and T+2 day liquidity. Operated via Fixrate Capital AS under Finanstilsynet concession, with custody at DNB Markets.
- Interest Calculator Standalone calculator tool enabling businesses to estimate potential interest earnings based on deposit amount and current market rates across Norwegian banks on the platform.
- Portfolio Reporting Service Standardized consolidated reporting service across multiple banks and fund managers, including IFRS-compatible formats and monthly reports for accounting and audit purposes. Includes integration to treasury/accounting systems (e.g., STACC Escali).
- Accountant Partner Portal Dedicated partner portal for Norwegian accountants and bookkeepers to register their business clients, browse market offers, send proposals for client approval, and execute orders on behalf of clients through Fixrate's platform.
Companies that use Fixrate
Customer profileNamed customers11 records
Segments8 records
Ideal customer profiles8 records
Fixrate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature7 records
Fixrate partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- DNB Markets / DNB Bank ASAcoreDNB Markets Custody provides custodial services for bond fund trading through Fixrate Capital AS. The client account is held outside Fixrate's balance sheet, eliminating counterparty risk for customers. Fixrate states: 'Fixrate Capital sin klientkonto i DNB Bank ASA holdes utenfor Fixrates balanse.'
- Etisk bankguide i Norge (Framtiden i våre hender and Forbrukerrådet)minorHuman-Etisk Forbund uses the 'Etisk bankguide i Norge' (Ethical Bank Guide) in collaboration with Framtiden i våre hender and Forbrukerrådet to select ethical banks for their deposits. They then place funds through Fixrate to get good rates at those selected banks.
- Alfred BergcoreFund manager available on Fixrate's bond fund platform. Alfred Berg is one of ~15 fund managers whose bond funds (liquidity funds and bond funds) are available to Fixrate customers with institutional pricing.
- Storebrand Asset ManagementcoreFund manager available on Fixrate's bond fund platform. Storebrand offers liquidity funds and bond funds including Storebrand Likviditet B referenced in educational content.
- DNB Asset ManagementcoreFund manager available on Fixrate's bond fund platform. DNB funds are featured prominently on the platform and in market reports.
- KLP Asset ManagementcoreFund manager available on Fixrate's bond fund platform. KLP (Kommunal Landspensjonskasse) offers institutional bond fund classes through the platform.
- BlackRockcoreGlobal asset manager with bond funds available on Fixrate's platform, providing international fund options to Norwegian corporate customers.
- J.P. Morgan Asset ManagementcoreGlobal asset manager with bond funds available on Fixrate's platform, providing institutional-class USD and EUR denominated bond funds to Norwegian businesses.
- Borea Asset ManagementcoreNorwegian asset manager with bond funds available on Fixrate's platform. Borea is featured among fund manager logos on the main platform.
- Amundi Asset ManagementcoreEuropean asset manager with bond funds available on Fixrate's platform, providing institutional share classes for Norwegian corporate customers.
- Admento (Accounting firm)minorNorwegian accounting and competence firm with ~200 employees across 22 offices. Several of their accountants have adopted Fixrate's partner portal to help clients get better deposit rates. One client increased annual interest income by 140,000 NOK after Admento referral.
- Accounting firms and bookkeepers (regnskapsførere)coreFixrate operates a partner portal for accountants and bookkeepers to register business clients, browse deposit offers, send proposals, and execute orders on behalf of clients. The company explicitly targets this channel, stating that 'over 80% of business deposits sit on operating accounts at 0% interest' and accountants can create value for clients.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Fixrate competitors and assessment
Company assessmentBroad incumbents
- Saxo Bank: Denmark-based investment and trading platform with global scale and institutional fund/bond distribution. Comparable on the bond-fund distribution and institutional-share-class side of Fixrate's offering.
- Avanza: Swedish investment platform with savings accounts and fund products serving Nordic retail and SMB segments. Comparable as a Nordic scaled-savings-and-funds platform in Fixrate's broader category, though retail-led.
- Trade Republic: German mobile broker / neobank that offers savings products and interest on deposits alongside brokerage. Overlaps Fixrate in offering retail and business clients a digital alternative to traditional bank deposits with attractive rates, though driven by a trading-led value proposition.
- Lunar: Nordic (Denmark-rooted) neobank offering deposit accounts and investment products to retail and SMB customers. Comparable as a digital-first Nordic player competing for the same customer cash, though with broader banking product scope.
- Nordnet: Major Nordic investment platform with bank operations, offering savings accounts and funds alongside brokerage. The Nordnet pedigree of two Fixrate senior leaders (chairman Anders Skar and communications lead Bjørn Erik Sættem) makes it a natural strategic and talent comparable.
Others
- Kyriba: Global cloud treasury management system used by large enterprises for cash positioning, payments, and bank connectivity. Comparable buyer persona (corporate treasurers) but a broader treasury OS rather than a deposit marketplace.
- Pleo: Danish SMB-focused corporate spend and cash management platform. Comparable as a Nordic B2B fintech addressing CFO/finance teams at growth companies, a segment Fixrate also serves (e.g., Appfarm).
- Trovata: US corporate treasury management platform providing cash visibility, forecasting, and bank connectivity for treasurers. Comparable as adjacent infrastructure for the same enterprise CFO / treasury buyer Fixrate targets, though treasury-cash-aggregation rather than a deposit marketplace.
Direct peers
- Raisin: Raisin (formerly Deposit Solutions) operates a pan-European deposit and savings marketplace connecting consumers and SMEs to banks across multiple countries. Highly comparable business model (multi-bank deposit brokerage, economics funded by partner banks), though at much larger geographic scale than Fixrate.
Regional players
- Atom Bank: UK digital challenger bank offering savings products to consumers and businesses. Comparable as a digital-first deposits-and-savings operator, though UK-only and direct-bank rather than a multi-bank marketplace.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Fixrate social profiles
Digital presenceFixrate compliance and trust
Trust signalCompliance1 record
Fixrate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fixrate leadership team
Management profileNumber of profiles
Profiles7 records
Fixrate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fixrate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fixrate
What does Fixrate do?
Fixrate operates a digital marketplace that enables Norwegian businesses to compare and place bank deposits across approximately 60 Norwegian banks and invest in bond funds from approximately 15 fund managers on a single platform. The service is free for businesses on bank deposits (banks pay Fixrate) and includes BankID onboarding, standardized KYC, consolidated IFRS reporting, tender functionality, and placement mandate tools for treasury governance.
Is Fixrate a public or private company?
Fixrate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Fixrate founded?
Fixrate was founded in 2017. It employs 1 to 10 people.
Where is Fixrate based?
Fixrate is headquartered in Steinkjer, Norway, in the Europe region.
How does Fixrate make money?
Two revenue lines are on record. Bank deposit intermediation is the primary driver. The others are bond fund platform fees.
Who are Fixrate's main competitors?
Broad incumbents on record are Saxo Bank, Avanza, Trade Republic, Lunar and Nordnet. Others are Kyriba, Pleo and Trovata. Raisin is listed as a direct peer. Atom Bank is listed as a regional player.
Does Fixrate have an API?
No public API is recorded for Fixrate.
What industry is Fixrate in?
Fixrate's product category is Corporate Treasury Marketplace. Its primary akta.pro industry code is FSAGABAH, Payment Reconciliation, Reporting & Settlement Infrastructure. Its NAICS code is 522320 and its SIC code is 7370.