Banqsoft
Banqsoft is a Norwegian financial software company founded in 1994 and headquartered in Oslo, providing financial software solutions to clients in the Nordic market, with 251-500 employees and an active operating presence.
- Company typePrivate
- Founded1994
- HeadquartersOslo, Norway
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
Banqsoft firmographics
Firmographics- Name
- Banqsoft
- Legal name
- Banqsoft
- Website
- https://banqsoft.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Banqsoft is a Norwegian financial software company founded in 1994 and headquartered in Oslo, providing financial software solutions to clients in the Nordic market, with 251-500 employees and an active operating presence.
- Ownership category
- akta.pro rank
Banqsoft industry classification
Industry- Product category
- Financial Software
- NAICS
- Software Publishers (5132), Software Publishers (513210), Software Publishers (51321), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Technology, Software & IT Services (FSABACAJ)
Keywords
Where Banqsoft is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Markets served
Banqsoft business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Banqsoft product offering
Product offeringCore offering
Banqsoft develops and sells financial software solutions to financial institutions in the Nordics. The company markets itself around the tagline "Enabling financial innovation" and positions as a leading Nordic financial-software provider. It expanded through the August 2020 acquisition of Concent, broadening its product capabilities in the regional financial-software market.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial software solutions Banqsoft's core offering of financial software solutions for financial institutions in the Nordics, marketed under the tagline "Enabling financial innovation." Specific named products or modules are not detailed in the provided source material.
Companies that use Banqsoft
Customer profileIdeal customer profiles1 record
Banqsoft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Banqsoft competitors and assessment
Company assessmentBroad incumbents
- TietoEVRY: Large Nordic IT-services and banking-software incumbent offering core banking and financial software across the region; directly overlaps Banqsoft's Nordic financial-software positioning but at significantly broader scale.
- Temenos: Global banking-software platform serving retail, corporate, and wealth management banks; competes with Banqsoft for Nordic bank modernization budgets with a broader product suite.
- Finastra: Large international provider of core banking, lending, and treasury software; competes with Nordic specialists like Banqsoft by offering end-to-end platforms that can displace regional vendors.
- Avaloq: Swiss-headquartered banking and wealth management software vendor with a strong Nordic/DACH presence; competes for the same regional bank software modernization wallet Banqsoft targets.
- Visma: Major Nordic software provider with broad business and financial software portfolio; overlaps with Banqsoft in Nordic financial-software adjacencies and as a potential acquirer of regional software assets.
- Capgemini Engineering (Financial Services): Global consulting and IT-services firm with a sizable financial-services software practice; competes with Banqsoft on banking digitalization and core-modernization engagements in Northern Europe.
Direct peers
- Vitec Software Group: Nordic vertical-software acquirer focused on industry-specific software, including segments serving financial services; comparable as a Nordic specialist acquirer of niche financial-software assets similar to Banqsoft's Concent deal.
- Teller: Norwegian banking-software vendor providing core and lending systems to Norwegian savings banks; directly comparable to Banqsoft by geography, customer segment, and product focus.
Regional players
- SDC (Skandinavisk Data Center): Danish-owned IT services and banking-software cooperative serving Nordic financial institutions; closely comparable to Banqsoft as a Nordic financial-software specialist serving banks and mortgage lenders.
Others
- Eika Gruppen: Norwegian banking alliance whose technology arm supplies shared financial-software solutions to Norwegian local banks; an ecosystem peer and potential partner or channel for Banqsoft in the Norwegian savings-bank segment.
Market position
Customer concentration
Banqsoft social profiles
Digital presenceBanqsoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banqsoft leadership team
Management profileNumber of profiles
Profiles1 record
Banqsoft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banqsoft M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banqsoft
What does Banqsoft do?
Banqsoft develops and sells financial software solutions to financial institutions in the Nordics. The company markets itself around the tagline "Enabling financial innovation" and positions as a leading Nordic financial-software provider. It expanded through the August 2020 acquisition of Concent, broadening its product capabilities in the regional financial-software market.
When was Banqsoft founded?
Banqsoft was founded in 1994. It employs 251 to 500 people.
Where is Banqsoft based?
Banqsoft is headquartered in Oslo, Norway, in the Europe region.
Who are Banqsoft's main competitors?
Broad incumbents on record are TietoEVRY, Temenos, Finastra, Avaloq, Visma and Capgemini Engineering (Financial Services). Direct peers are Vitec Software Group and Teller. SDC (Skandinavisk Data Center) is listed as a regional player. Eika Gruppen is listed as an others.
Does Banqsoft have an API?
No public API is recorded for Banqsoft.
What industry is Banqsoft in?
Banqsoft's product category is Financial Software. Its primary akta.pro industry code is FSABACAJ, Technology, Software & IT Services. Its NAICS code is 5132 and its SIC code is 7372.