What CodePole does

CodePole is a Stockholm-headquartered software development consultancy (legal entity BFG Management AB) operating a nearshore delivery model with a Center of Excellence in Warsaw, Poland. Founded in 2018, the company provides IT team augmentation, end-to-end software development, and IT/product consulting services, with 100% dedicated engineering teams embedded in client projects. Technical capabilities span Java, JavaScript/Node.js, .NET, C++, Rust, Go, React, AWS/Azure/GCP/DigitalOcean, Docker, Kafka, and Elasticsearch, with specialized practices in distributed systems, Big Data, Machine Learning, Blockchain, API development, DevOps, and cloud migration. Core verticals are Fintech (lending, payments, banking, open banking, KYC/AML), iGaming (compliance, fraud, payments), and Healthcare (medical data, accessibility), with a named client base including Spotify, Kindred Group, Warner Bros, Cepheid, COOP, Svenska Spel, Deutsche Bank, and Klarna.

The company monetizes through professional services — primarily time-and-materials and fixed-scope engagements — supplemented by productized compliance and integration work (KYC/AML automation, open-banking APIs spanning 3,000+ banks across 18 countries). CodePole also operates internal ventures: Kompar, an SME loan marketplace that has facilitated 30m EUR in financing for 10,000+ SMEs across Sweden, Netherlands, and Finland; an insurance brokerage; and a mortgage brokerage on the Swedish market. Notable project outcomes include automated credit decisions delivered within seconds for SME loan applications, MVP builds completed in 3-4 weeks at approximately 8,150 EUR, and a healthcare data exporter delivered 2+ months ahead of schedule for Cepheid.

CodePole maintains Clutch 5.0 stars, The Manifest recognition as a most-reviewed web developer in Sweden (2022), and a content marketing engine (technical blog, Codepole Tech Talk interview series, webinars). The company is founder/partner-owned (Philip Kornmann in Stockholm, Marek and Mariusz Pietrzak in Warsaw) with no disclosed external institutional investment. The operating model combines Stockholm-based client engagement and product ownership with Polish engineering delivery at a structural cost advantage versus purely Western European competitors.

Name

CodePole

Legal name

BFG Management AB

Website

https://codepole.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

CodePole is a Stockholm-based software development consultancy with a Warsaw nearshore delivery center, providing team augmentation, end-to-end software development, and consulting to Fintech, iGaming, and Healthcare clients across Europe and the US, and operating its own ventures in SME lending, insurance, and mortgages.

Ownership category

akta.pro rank

Product category

Custom Software Development Services

NAICS

Other Scientific and Technical Consulting Services (54169)

SIC

Services-Management Services (8741)

akta.pro primary industry

Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL)

Keywords

• Custom software development
• IT team augmentation
• Nearshore development services
• Fintech software consultancy
• IGaming development services

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Team Extension / Augmentation: CodePole puts together skilled teams of engineers to support client businesses. Clients decide whether the team works alongside their developers or as a separate, dedicated team. Teams are hired by CodePole and work from CodePole offices but are considered employees of the clients. Revenue is generated through consulting/staffing fees for dedicated engineering resources, billed on a time and materials or fixed-scope basis.
2. End-to-End Software Development Projects: From initial discovery to final deployment, CodePole delivers high-quality, scalable technology solutions for clients who have a clear product vision but lack capacity or technical expertise. Projects range from couple of months to up to a year for clients across Europe.
3. IT & Product Consulting: Senior-level talent provided to support client teams for fixed periods. Consultants ramp up quickly to solve pressing challenges, covering product ownership, product management, and technical consulting engagements.
4. Internal Ventures: CodePole builds and operates its own ventures alongside client work, including a business loan broker (Kompar), an insurance broker, and a mortgage broker operating on the Swedish market. These represent a parallel revenue generation stream.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

CodePole is a custom software development consultancy that delivers dedicated engineering teams, end-to-end product development, and senior IT/product consulting for clients across Europe and beyond. The firm operates a Stockholm headquarters and a Warsaw nearshore Center of Excellence, with deep specialization in regulated verticals including Fintech (lending, payments, open banking, KYC/AML), iGaming, and Healthcare, and serves both VC-backed startups and large enterprises.

Product overview

CodePole is a software development and consulting company offering a portfolio of technology services including IT Team Extension, End-to-End Software Development, and IT & Product Consulting. The services are organized around core offerings (team augmentation, software development, consulting) supplemented by specialized modules in web/mobile development, DevOps, product management, compliance automation, and cloud/data services. The company operates a Nearshore Development Center in Warsaw, Poland, providing dedicated engineering teams for client projects. CodePole specializes in fintech applications including payments, lending, open banking, and regulatory compliance (KYC/AML), as well as iGaming and healthcare technology sectors. Clients range from VC-backed startups to corporate giants, with notable work including SME lending platforms, open-banking APIs, and compliance automation systems.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Team Extension Dedicated engineering teams assembled by CodePole to support a client's business, working alongside the client's developers or as a separate, dedicated unit. Teams are hired and managed by CodePole but function as part of the client's engineering organization.
• End-to-End Software Development Full-cycle software development from discovery through deployment, delivering scalable web and mobile solutions for clients who have a clear product vision but lack the capacity or technical expertise to build it.
• IT & Product Consulting Senior-level consultants provided to client teams for fixed periods, ramping up quickly to address pressing challenges through product ownership, product management, and technical consulting engagements.
• Web Development High-performing and secure web solutions built using Java, JavaScript, .NET, C++, and other technologies with a focus on quality and results for enterprise and startup clients.
• Mobile App Development Native, hybrid, or cross-platform mobile development for Android and iOS, delivering modern standard mobile-first solutions including hybrid healthcare apps and consumer applications.
• DevOps Cloud infrastructure migration and expansion services across AWS, Azure, Google Cloud, and DigitalOcean, ensuring optimal setup and operational readiness for cloud environments.
• Product Development End-to-end product development support from exploratory workshops and MVP development (including no-code options) through final product deployment for startups and corporate clients.
• Product Owner & Product Manager Service Highly experienced Product Owners and Product Managers with expertise from top tech companies, supplied to clients to support Scrum methodology implementation and product delivery.
• Nearshore Development Center Dedicated development center in Warsaw, Poland, with engineers 100% dedicated to client projects and all administrative, HR, payroll, and back-office work handled by CodePole.

Quantifiable outcome

• Automated credit decisions delivered within seconds — SME loan applications processed with offers from 20+ banks within seconds or 24 hours
• +6 more outcomes

Named customers25 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

AI capability8 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• CreditsafecoreTechnology or IntegrationCodePole integrated Creditsafe's API into Kompar's SME loan platform, enabling automated credit decisions by connecting business credit data from Creditsafe to Kompar's lender network. The integration allows lenders to receive credit data within seconds to make automated underwriting decisions. CodePole has experience with Creditsafe's SOAP API, data parsing from XML to JSON, and understanding credit bureau data freshness and mechanics.
• StripecoreTechnology or IntegrationCodePole uses Stripe for payment integration in client projects — specifically mentioned for Instapay (invoice payments) and MVP development examples. Stripe's payment plugin is referenced as part of no-code MVP development approach alongside Bubble and Webflow.
• PayPal / AdyencoreTechnology or IntegrationCodePole has experience integrating and optimizing payment solutions including Stripe, PayPal, and Adyen for client projects. Mentioned in the Fintech vertical as having built payment services and integrated major payment processors.
• BankIDcoreTechnology or IntegrationCodePole integrates BankID (Sweden and Norway) for secure electronic identification in KYC flows. BankID is one of the most widely used eID solutions in the Nordics, offering APIs and iframe integration for seamless identity verification in financial services applications.
• NemID / Trust NetworkcoreTechnology or IntegrationCodePole integrates NemID (Denmark) and Trust Network (Finland) for e-identification in KYC flows across Nordic markets, complementing BankID coverage.
• IDNowcoreTechnology or IntegrationCodePole uses IDNow for video-identification services in Germany and Switzerland, providing a secure identification alternative for KYC compliance in markets where Nordic eIDs are not available.
• AWS / Azure / Google Cloud / DigitalOceancoreTechnology or IntegrationCodePole develops applications across all major cloud platforms — AWS, Azure, Google Cloud, and DigitalOcean. Cloud development and migration services are offered as part of their DevOps and infrastructure practice. AWS is notably used for Cepheid's data management system (EC2, RDS, S3) and for the Kompar platform (NoSQL on AWS).
• ETH Zurich / HSLU (Lucerne University of Applied Sciences)coreStrategic or Co-development PartnerCodePole collaborated with ETH Zurich and HSLU on the Advanon project to apply machine learning models (Gradient Tree-Boosted Tobit Model) for improving default prediction in SME credit assessment. This academic partnership produced a scientific paper published on arXiv, representing a co-development relationship with research institutions.
• 3,000+ Banks and Financial InstitutionscoreTechnology or IntegrationCodePole built and supported a pan-European open-banking platform connected to 3,000+ banks across 18 countries including the UK, France, Sweden, and Germany. The platform enables Account Information Services (AIS) and Payment Initiation Services (PIS) through standardized APIs. Worked with partners including PayPal and Lydia.
• Scrum / Agile MethodologiescoreOthersCodePole operates using Scrum agile methodology across all client engagements. Their Product Owner and Product Manager services are specifically designed around Scrum frameworks. All team members are expected to work in interdisciplinary agile teams with sprints typically lasting 2 weeks.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• EPAM Systems: EPAM is a large, publicly listed global IT services and digital engineering firm with deep FinTech/payments and regulated-industry practices — a broader incumbent whose digital engineering and team-augmentation services overlap CodePole's offerings, even though EPAM operates at materially larger scale.

Direct peers

• Apptension (formerly 10Clouds): 10Clouds/Apptension is a Poland-based web and mobile software development house selling dedicated teams and FinTech product development to European clients, putting it in direct competition with CodePole's Warsaw-led delivery model.
• Sigma Software: Sigma Software is a Ukraine-headquartered IT outsourcing and custom software development provider with European delivery hubs, comparable to CodePole in dedicated team sales, FinTech/online-gambling expertise, and customer base overlap.
• BairesDev: BairesDev is a large nearshore software outsourcing firm delivering dedicated engineering teams from Latin America; it competes directly with CodePole's Stockholm/Warsaw dedicated-team model for US and European staff-augmentation RFPs.
• Toptal: Toptal operates a global elite freelance/contractor network for software engineers and is a direct peer to CodePole's IT team extension / augmentation offering, competing for the same enterprise buyers seeking top-tier engineering talent on a flexible basis.
• Netguru: Netguru is a Poland-based software consultancy and design-and-build shop providing custom product development and team augmentation to European enterprises — comparable to CodePole in geography (Warsaw-Poznań), service mix (consulting + nearshore teams), and FinTech/HealthTech vertical focus.
• Dedicatted: Dedicatted is a Stockholm-based software consultancy operating dedicated near-shore development teams in Ukraine/Poland for Scandinavian and European clients; geographic, business-model, and vertical overlap with CodePole make it a clear peer.
• Ciklum: Ciklum is a global digital solutions company with Ukrainian/Polish delivery centers selling dedicated engineering teams and full-cycle software development to European enterprises — competes with CodePole for CEE-delivered FinTech and regulated-industry engagements.
• Andersen Lab: Andersen Lab (formerly Andersen Inc.) is a European-headquartered software development firm with delivery centers in CEE that sells dedicated teams and custom software projects to enterprise clients — closely overlapping CodePole's nearshore dedicated-team, FinTech, and custom-development GTM.

Emerging players

• Kredos Consultancy: Kredos is a Stockholm-based Scandinavian boutique consultancy delivering nearshore FinTech and IT engineering teams — a smaller direct overlap with CodePole in geography, target buyer (Nordic enterprises), and dedicated-team service model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/codepole

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 CodePole