Banqsoft

Financial Softwarebanqsoft.com

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

Financial software
Nordic fintech
Banking software
Lending solutions
Insurance software

Where Banqsoft is headquartered

Location

Headquarters

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 offering

Core 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 profile

Ideal customer profiles1 record

Banqsoft technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Banqsoft competitors and assessment

Company assessment

Broad 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Banqsoft leadership team

Management profile

Number of profiles

Profiles1 record

Banqsoft funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Banqsoft M&A and investment

M&A and investment

M&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?

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.