Applicon

What Applicon does

Applicon is a privately held Swedish IT solutions and services company headquartered in Stockholm, founded in 1995 and operating with a headcount of 51–100 employees. The company positions itself as a vendor to the banking and finance industry, supplying IT solutions and services to financial sector clients — a vertical positioning that is uncommon among small Nordic IT firms and suggests deep domain specialization rather than horizontal technology reselling.

The source material does not disclose Applicon's specific product lines, underlying technology stack, or platform architecture. Core technology, proprietary features, AI modalities, and certifications fields are all unpopulated, and the company website (applicon.se) was not retrievable at time of capture (only a loader/wait page was returned). There is therefore no evidence base for claims about proprietary platforms, IP, or differentiated technical components.

From a business model standpoint, no revenue model, pricing structure, go-to-motion, or customer segment details were disclosed. No named customers, case studies, distribution channels, or marketing channels are available. Operating geographies, funding history, M&A activity, leadership team, and ownership structure are likewise unspecified. As a result, the revenue mechanics can only be inferred at a high level: as a Swedish IT services firm of 51–100 employees serving banks and financial institutions, Applicon most likely generates revenue through staff-augmentation, project-based consulting, and/or managed services contracts with Nordic financial institutions, but this is not directly supported by disclosed evidence.

Name

Applicon

Website

https://applicon.se

Company type

Private

Founded year

1995

Headcount range

11–50 employees

Short description

Applicon is a privately held Stockholm-based IT solutions and services company founded in 1995, serving the Nordic banking and finance industry with a team of 51–100 employees. The firm provides IT solutions and services to financial sector clients without further product detail disclosed.

Ownership category

akta.pro rank

Product category

Banking IT Services

NAICS

Computer Systems Design and Related Services (54151), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Prepackaged Software (7372), Services-Management Consulting Services (8742)

akta.pro primary industry

Technology, Software & IT Services (FSABACAJ)

Keywords

• IT services banking
• Financial IT solutions
• Banking software services
• Fintech consulting
• Enterprise IT consulting

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Applicon provides IT solutions and services targeted at the banking and finance industry. As a Stockholm-based firm founded in 1995 with 51-100 employees, it sells technology-related services—implementation, integration, or consulting work—into financial-sector clients. Specific named products, platforms, or service lines are not disclosed in the available material.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• CGI Group: Large IT and business consulting firm with a Nordic footprint through its Logica heritage; provides banking-IT services across Scandinavia, competing for similar client programs.
• Capgemini: Global IT services and consulting incumbent with a large financial services practice serving European banks on transformation, cloud, and regulatory programs — directly competes for the same banking-IT talent and contracts.
• Accenture: Global consulting and technology services firm with a major banking practice; competes with Applicon for senior talent and Nordic bank digital transformation mandates.
• Tata Consultancy Services: Global IT services leader with a substantial banking, financial services, and insurance practice; competes for Nordic bank outsourcing and transformation deals across all sizes.

Direct peers

• HiQ: Swedish-origin IT consultancy offering specialized solutions including financial services; a like-sized Nordic peer competing in adjacent banking-tech and engineering domains.
• Netlight: Nordic IT and digital consultancy with offices in Stockholm serving enterprise clients; competes for similar senior consulting talent in the Stockholm market.
• TietoEvry: Largest Nordic-headquartered IT services provider with a dedicated banking vertical spanning core, digital, and regulatory programs — Applicon's most direct scaled regional competitor.

Emerging players

• Thought Machine: UK-based cloud-native core banking platform vendor expanding across Europe; represents the productization trend that could shift bank spend from services firms like Applicon toward software licenses.
• Temenos: Swiss-headquartered banking software vendor whose core platform deployments create services opportunities — Applicon could either compete with or partner around these implementation programs.

Others

• Svea Bank (PearlFintech): Nordic fintech referenced via Applicon's web footprint; representative of the Nordic banking-fintech ecosystem in which Applicon delivers IT services — useful adjacency rather than a direct competitor.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/applicon_sweden
• Facebookfacebook.com/appliconsweden
• LinkedInlinkedin.com/company/applicon_2

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Applicon