What Lån & Spar Bank does

Lån & Spar Bank is a Swedish bank branch (bankfilial) of the Danish parent Lån & Spar Bank A/S, headquartered in Copenhagen and operating from a single office in Malmö. The company operates a digital-first retail banking model with no physical branches in Sweden, delivering services through an internet bank and mobile app authenticated by Sweden's national BankID system. Its product suite centers on consumer credit: Privatlån (unsecured personal loans up to 600,000 SEK), Billån (car loans), Husbilslån/MC-lån/Båtlån (motorhome, motorcycle, boat loans), Renoveringslån (renovation), Kreditkort (Mastercard credit card), and Sparkonto (savings with deposit guarantee). In March 2026 the bank expanded into the Swedish mortgage market (Bolån) by partnering with Borgo AB as the credit-provider infrastructure, a move that materially widens its addressable market beyond unsecured consumer lending.

Revenue is generated primarily through net interest income on the loan book (personal loan nominal rates 4.95%–12.00%, effective 5.07%–13.57%), supplemented by transactional fees — a flat 395 SEK setup fee per loan, 35 SEK paper-statement fee, 500 SEK condition-change fee, late-payment interest 10 percentage points above the loan rate, and 60/180 SEK reminder/collection fees — plus recurring revenue from loan protection insurance (Låneskydd, 8.5% of monthly payment) developed with Gjensidige. The go-to-market motion is direct-to-consumer, executed entirely online with digital application, signing, and disbursement (typically within 24 hours for blancolån / 1–5 business days for other loans); acquisition channels include Trustpilot for social proof, an educational blog (Ekonomiskolan), and organic social (Facebook, LinkedIn, Instagram, YouTube). Customer segments are horizontally structured around individuals, homeowners, and savers rather than by industry vertical. The bank is privately held, has 11–50 employees, and reports no publicly disclosed financials.

Name

Lån & Spar Bank

Legal name

Lån & Spar Bank A/S

Website

https://lsb.se

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Lån & Spar Bank is a Swedish branch of Danish Lån & Spar Bank A/S that offers digital-first personal loans, car and specialty vehicle loans, credit cards, savings accounts, and (as of March 2026) mortgages to Swedish consumers through a branchless, BankID-authenticated internet bank and mobile app.

Ownership category

akta.pro rank

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Primary revenue from interest charged on personal loans, car loans, home loans, and other credit products. Interest rates are individually set based on credit assessment, ranging from 4.95% to 12.00% for unsecured loans.
2. Loan Fees: Setup fees (395 kr per loan), account statement fees (0 kr for digital, 35 kr for paper), condition change fees (500 kr), late payment interest (10% above loan rate), reminder fees (60 kr), and collection fees (180 kr).
3. Credit Products: Revenue from credit cards and associated fees, as well as loan protection insurance products.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Lån & Spar Bank is a Swedish consumer bank (filial of the Danish Lån & Spar Bank A/S) that offers mortgages, unsecured personal loans, vehicle loans (car, motorhome, motorcycle, boat), a savings account, a credit card, debt consolidation, and loan protection insurance to Swedish retail customers. Distribution is digital-first through the lsb.se website, Internet Bank and mobile banking app, supported by BankID authentication.

Product overview

Lån & Spar Bank is a Swedish bank offering a comprehensive suite of banking products and services primarily focused on lending and savings. The product portfolio centers around mortgage loans (Bolån), personal loans (Privatlån), and specialized vehicle loans (Billån, Husbilslån, MC-lån, Båtlån), along with credit cards (Kreditkort) and savings accounts (Sparkonto). The bank differentiates through value-added services including loan protection insurance (Låneskydd) with Gjensidige, interest rate guarantees (Räntegaranti), and a debt consolidation service (Samla lån och krediter). Digital banking is delivered through Internetbank and Mobile banking apps with BankID authentication. The bank also operates an educational platform (Ekonomiskolan) to support customers with personal finance literacy. The recent adoption of Agillic's marketing automation platform indicates investment in digital customer engagement capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Bolån (Mortgage loan)

Quantifiable outcome

• Loan disbursement within 1-5 business days after digital signing

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• GjensidigecoreStrategic or Co-development PartnerGjensidige provides loan protection insurance (Låneskydd) for Lån & Spar Bank customers. This partnership offers customers financial protection in case of illness, job loss, or need to care for a close relative. The insurance is developed collaboratively and offered to all loan customers.
• Borgo ABcoreOthersBorgo AB is the credit provider for Lån & Spar Bank's mortgage products (bolån). When customers apply for mortgages through Lån & Spar Bank, the actual lending is facilitated through Borgo AB's infrastructure. This partnership enables the bank to offer mortgage products despite being a branch of a Danish bank.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Nordea: Large Nordic universal bank with deep retail presence across mortgages, consumer loans, cards and savings — direct competitor in every consumer banking vertical Lån & Spar competes in.
• ICA Banken: Swedish retail bank affiliated with the ICA grocery chain, offering private loans, mortgages, cards and savings at national scale — broad incumbent competitor for the same Swedish consumer segment.

Direct peers

• Resurs Bank: Swedish-headquartered consumer bank specializing in retail consumer credit, credit cards and savings — closest like-for-like competitor with overlapping product set (privatlån, kort, sparkonto) and similar digital-first positioning.
• Santander Consumer Bank: Swedish subsidiary of Santander Consumer Finance offering consumer loans, credit cards and dealer financing — relevant Nordic consumer-credit competitor with backing from a global banking group.
• Svea Bank: Nordic financial group with consumer lending, factoring and payments offerings to both consumers and SMEs — comparable multi-vertical Nordic lender with Swedish footprint.
• Bigbank: Nordic/Baltic digital consumer lender offering personal loans, term deposits and cards — comparable niche consumer-credit specialist operating cross-border via digital channels.
• Komplett Bank: Norwegian-licensed digital bank targeting Nordic consumers with credit cards and personal loans, distributing via e-commerce partners — comparable digital consumer-credit niche.
• Northmill Bank: Sweden-founded challenger bank offering credit cards, personal loans and savings via a mobile-first app — closely aligned digital-first consumer banking proposition.
• TF Bank: Nordic digital consumer bank offering personal loans, credit cards and savings across Sweden with a branchless, online-led model — directly comparable scale and go-to-market.

Emerging players

• Klarna: Swedish fintech offering BNPL, consumer payments, and now banking-like products (cards, app-based accounts) — adjacent business model competing for the same Swedish consumer wallet, though led by installment credit rather than installment loans.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/channel/UCjrsIQq7Dw0zLtWc9I2X-Tg
• Facebookfacebook.com/lsbsverige
• LinkedInse.linkedin.com/company/l%C3%A5n-&-spar-bank-sverige
• Instagraminstagram.com/lansparbank

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 Lån & Spar Bank