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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 Series Unknown Total: $14.00M Finance, Financial Services +5

General Information

Company Name Stoer
Founded Year 2016
Location Sweden Sweden +1
Employees 1
Industries Finance, Financial Services, Fintech +4
Funding Stage Series Unknown
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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.

Taxonomy: 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 •••••• - 24 May 2018
Venture Round •••••• - 12 Sep 2017

Stoer Alternatives & Competitors

Stoer vs
SafeTech
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Stoer vs
MAINSYS
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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 the following industries: Finance, Financial Services, Fintech, IT, IT Infrastructure, Information Technology, Banking.
Stoer has approximately 1 employees.
Stoer has completed 2 funding rounds, raising a total of $14.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Stoer include SafeTech, MAINSYS, Digital Banking at its Best, Traditional Bank, Monson Savings Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Stoer and SafeTech 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.

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