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Stoer logo — changing the mortgage market through digitalization.

Stoer

changing the mortgage market through digitalization.

Founded 2016 Sweden Sweden 1 employees Venture round Total: $14.00M Finance, Financial Services +5

General Information

Company Name Stoer
Founded Year 2016
Location Sweden Sweden
Employees 1
Industries Finance, Financial Services, Fintech +4
Funding Stage Venture round
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About Stoer

Stoer is revolutionizing the mortgage market through digitalization. The Swedish startup offers a groundbreaking solution that digitalizes banks’ mortgage processes, optimizing the entire flow from user interface to IT operations. This pioneering approach enables banks to engage with customers in their preferred online environments. With Stoer’s innovative solution, clients can efficiently manage their mortgages using mobile, tablet, or computer, receiving personalized offers and approval in less than a minute. By bringing the mortgage market online, Stoer not only enhances user experience and service quality but also accelerates response times and improves the banks' operational efficiency. Founded in 2016, Stoer operates at the intersection of Financial Services, Fintech, IT Infrastructure, Information Technology, and Banking. The company's headquarters is located in Sweden. In May 2018, Stoer secured a significant kr10.00M Venture Round investment, signaling confidence in its pioneering approach. The startup boasts a team with a unique blend of expertise in banking, IT, digital solutions for payments, e-commerce, and financial services. Additionally, Stoer features in-house legal specialists well-versed in national and international banking and finance regulations. Overall, Stoer’s innovative "Mortgage-as-a-Service" solution holds the potential to redefine the mortgage sector by liberating it from legacy IT systems, keeping pace with evolving legal requirements, and providing a seamless digital platform for enhanced customer experience.

Business keywords: digitalization, mortgage market, banking technology, online banking, IT operations, mortgage processing, regulatory compliance, e-service, BaaS, lending, agile

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round kr10.00M -
24 May 2018
Venture Round kr4.00M -
12 Sep 2017

Stoer Alternatives & Competitors

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Stoer vs
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FAQ About Stoer

changing the mortgage market through digitalization.
Stoer was founded in 2016.
Stoer is headquartered in Sweden.
Stoer operates in Finance, Financial Services, Fintech, IT, IT Infrastructure, Information Technology and Banking. Its work centres on digitalization, mortgage market, banking technology and online banking.
Stoer has approximately 1 employees.
Stoer has completed 2 funding rounds, raising a total of $14.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Stoer include Monson Savings Bank, MeDirect Bank Malta, Lead, Core10, Element Mortgage. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Stoer and Monson Savings Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Stoer, https://bouncewatch.com/company/stoer, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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