Arctica Finance
Arctica Finance hf. is an Icelandic-regulated securities brokerage firm founded in 2009 that provides corporate finance advisory (M&A, IPOs, capital raising) and capital markets services (bond issuance, securities intermediation) to Icelandic enterprises, institutional investors, and public entities.
- Company typePrivate
- Founded2009
- HeadquartersReykjavík, Iceland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Arctica Finance does
Arctica Finance hf. is an Icelandic-regulated securities brokerage firm incorporated in 2009 and headquartered at Katrínartún 2, 105 Reykjavík, operating under license from the Icelandic Financial Supervisory Authority (Fjármálaeftirlitið). The firm delivers two core service lines: Corporate Finance advisory — covering M&A, IPOs, capital raising, and financial restructuring — and Capital Markets services, including bond issuance management with listings on Nasdaq Iceland's Main Market and securities intermediation for domestic and overseas institutional investors (pension funds, securities funds, other professional parties). It serves Icelandic large-cap and SME enterprises, public entities, and high-net-worth individuals, with international reach via a personnel network spanning Scandinavia, the UK, continental Europe, and North America.
The product set is conventional for a mid-market investment bank and is people-intensive rather than technology-intensive; the firm has no proprietary technology platform and operates with approximately 16 listed personnel, all holding Icelandic Securities License Certifications. Recent disclosed mandates illustrate the scale of activity: advising on the Oculis USD 110 million share offering, managing ISK 1.5 billion ISNIC Holding and ISK 2.2 billion Styrkás inaugural bond issuances, advising Freyja Healthcare on a USD 6 million financing, advising on Eyrir's €15 million Kingfish investment, and advising on the ISK 4.4 billion Skyggnir sale of Ofar to Nova. The firm has built sector exposure in fisheries, seafood byproducts, and biotechnology through a 2018 partnership with the Iceland Ocean Cluster.
The firm monetizes via professional advisory fees, transaction fees on bond issuance and equity placements, and brokerage commissions on intermediated trades; pricing is governed by a published tariff document. The firm is privately held and founder-controlled: Viti fjárfestingafélag ehf., beneficially owned by CEO Stefán Þór Bjarnason and Deputy CEO Bjarni Þórður Bjarnason, holds 50% through Arctica Eignarhaldsfélag ehf., with the remainder distributed among institutional and individual shareholders including Head of Capital Markets Jón Ingi Árnason. A separately branded sister entity, Arctica Sjóðir, operates an asset management arm, providing modest vertical extension into fund management.
Arctica Finance firmographics
Firmographics- Name
- Arctica Finance
- Legal name
- Arctica Finance hf.
- Website
- https://arctica.is
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Arctica Finance hf. is an Icelandic-regulated securities brokerage firm founded in 2009 that provides corporate finance advisory (M&A, IPOs, capital raising) and capital markets services (bond issuance, securities intermediation) to Icelandic enterprises, institutional investors, and public entities.
- Ownership category
- akta.pro rank
Where Arctica Finance is headquartered
LocationHeadquarters
- HQ city
- Reykjavík
- HQ country
- Iceland
- HQ region
- Europe
Offices1 record
Markets served
Arctica Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Corporate Finance Advisory: Advisory fees for M&A transactions, IPOs, capital raising, and financial restructuring engagements with enterprises and institutions.
- Capital Markets Services: Brokerage and intermediary services for institutional investors including pension funds and securities funds, both domestically and internationally.
- Bond Issuance Management: Managing bond sales and listings on Nasdaq Iceland, earning fees for structuring and distributing debt instruments for corporate issuers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional advisory services with published fee schedule |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Arctica Finance product offering
Product offeringCore offering
Arctica Finance hf. is a regulated Icelandic securities brokerage firm that delivers corporate finance advisory and capital markets services. Its Corporate Finance division advises small and medium enterprises, large cap enterprises, institutions, public entities and individuals on mergers and acquisitions, capital raising, IPO advisory, and financial restructuring. Its Capital Markets division intermediates securities and manages bond issuances with listing on Nasdaq Iceland Main Market, serving domestic and overseas institutional investors such as pension funds and securities funds with Icelandic-related exposure.
Product overview
Arctica Finance operates as a regulated securities brokerage firm offering two primary service lines: Corporate Finance and Capital Markets. The Corporate Finance division provides advisory services including M&A advisory, capital raising, IPO advisory, and financial restructuring to enterprises and institutions. The Capital Markets division focuses on bond issuance management and servicing institutional investors with Icelandic market exposure. Arctica Finance acts as an advisor and manager in various financial transactions including bond offerings, equity raises, and mergers and acquisitions.
Differentiator
Problem solved
Functional benefit
Brands
- Arctica Sjóðir: A separate fund/asset management entity associated with Arctica Finance, with its own website at arcticasjodir.is
Products and services
- Corporate Finance Corporate finance advisory service delivered to small and medium enterprises, large-cap enterprises, institutions, public entities and individuals, both domestically and internationally. Scope encompasses mergers and acquisitions, capital raising, IPO advisory, and financial restructuring.
- Capital Markets Capital markets intermediation service that intermediates financial instruments on behalf of domestic and overseas institutional investors (pension funds, securities funds, and other professional investors) with Icelandic-related exposure. Includes bond issuance management and listing on Nasdaq Iceland Main Market, plus securities brokerage across primary and secondary markets.
Companies that use Arctica Finance
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles3 records
Arctica Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Arctica Finance partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- AX Legal ServicesminorAX Legal Services co-advised Eyrir alongside Arctica Finance in the €15 million Kingfish investment transaction and restructuring of Kingfish's finances. This represents an ongoing advisory partnership for specific transactions.
- BBA//FjeldcominorBBA//Fjeldco provided advisory services in connection with ISNIC Holding ehf. bond issuance alongside Arctica Finance. Also served as seller's advisor in Ofar/Nova transaction.
- LOGOSminorLOGOS served as buyer's advisor alongside Deloitte in Nova's acquisition of Ofar hf.
- DeloitteminorDeloitte served as buyer's advisor alongside LOGOS in Nova's acquisition of Ofar hf.
- Iceland Ocean ClusterminorArctica Finance formed a partnership with The Iceland Ocean Cluster to develop opportunities in the fishing industry, initially focusing on financing of projects related to fisheries, seafood byproducts and biotechnology worldwide. Joint '100% fish' publication series created.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Arctica Finance competitors and assessment
Company assessmentRegional players
- Pareto Securities: Pareto Securities is a Nordic investment bank focused on corporate finance, equity research, and brokerage; it serves as a regional comparable for cross-border Nordic capital markets advisory similar to Arctica's international mandate scope.
- ABG Sundal Collier: ABG Sundal Collier is a leading Nordic investment bank that has co-advised Icelandic deals (e.g., the Eyrir/Kingfish transaction with Arctica); it serves as a regional comparable for cross-border Nordic capital markets and corporate finance advisory.
- Carnegie: Carnegie is a leading Nordic investment bank with strong corporate finance and securities operations in the Nordic region; it represents a regional comparable for the cross-border Nordic and European mandates Arctica pursues.
Direct peers
- Fossar Markets: Fossar Markets is an Icelandic brokerage and corporate finance boutique offering securities brokerage and advisory services; it competes head-to-head with Arctica's capital markets and corporate finance teams for Icelandic institutional clients and equity/bond mandates.
- GAMMA Capital Management: GAMMA is an Icelandic asset management and corporate finance firm where multiple former Arctica personnel previously worked; it competes for similar Icelandic corporate finance mandates and capital allocation opportunities.
- Kvika banki: Kvika is a publicly listed Icelandic investment bank and asset manager offering corporate finance advisory, capital markets brokerage, and asset management — directly overlapping with Arctica's two main service lines and serving the same Icelandic institutional and corporate client base.
Broad incumbents
- Landsbankinn: Landsbankinn is one of Iceland's three largest universal banks, offering corporate finance advisory, capital markets, and securities brokerage; it is the largest incumbent competitor where multiple Arctica founders previously held senior roles.
- Arion Bank: Arion Bank is one of Iceland's three main universal banks offering investment banking, capital markets, and securities services; it is a broad incumbent competitor for the same Icelandic corporate and institutional clients Arctica serves.
- Íslandsbanki: Íslandsbanki is one of Iceland's three main universal banks with a corporate finance and capital markets division; it competes for mid-cap Icelandic advisory and securities brokerage mandates as a broader full-service provider.
Others
- BBA//Fjeldco: BBA//Fjeldco is an Icelandic law firm that co-advises on transactions alongside Arctica (e.g., ISNIC Holding bond issuance); it is a transaction partner and competitive overlap in corporate advisory work in Iceland.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Arctica Finance social profiles
Digital presenceArctica Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arctica Finance leadership team
Management profileNumber of profiles
Profiles6 records
Arctica Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arctica Finance 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 Arctica Finance
What does Arctica Finance do?
Arctica Finance hf. is a regulated Icelandic securities brokerage firm that delivers corporate finance advisory and capital markets services. Its Corporate Finance division advises small and medium enterprises, large cap enterprises, institutions, public entities and individuals on mergers and acquisitions, capital raising, IPO advisory, and financial restructuring. Its Capital Markets division intermediates securities and manages bond issuances with listing on Nasdaq Iceland Main Market, serving domestic and overseas institutional investors such as pension funds and securities funds with Icelandic-related exposure.
Is Arctica Finance a public or private company?
Arctica Finance is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Arctica Finance founded?
Arctica Finance was founded in 2009. It employs 11 to 50 people.
Where is Arctica Finance based?
Arctica Finance is headquartered in Reykjavík, Iceland, in the Europe region.
How does Arctica Finance make money?
Three revenue lines are on record. Corporate Finance Advisory is the primary driver. The others are capital Markets Services and bond Issuance Management.
Who are Arctica Finance's main competitors?
Regional players on record are Pareto Securities, ABG Sundal Collier and Carnegie. Direct peers are Fossar Markets, GAMMA Capital Management and Kvika banki. Broad incumbents are Landsbankinn, Arion Bank and Íslandsbanki. BBA//Fjeldco is listed as an others.
Does Arctica Finance have an API?
No public API is recorded for Arctica Finance.