BlueStep

Stockholm, Sweden Founded: 2005 • Age: 21 yrs Acquired By EQT
Commercial banking services are provided by BlueStep in Sweden.
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About BlueStep

BlueStep is a company based in Stockholm (Sweden) founded in 2005 was acquired by EQT in July 2017.. BlueStep has completed 1 acquisition, including Bank2. BlueStep offers products and services including Bolån, Sparkonto, Lånelöfte, and Bolånekalkyl. BlueStep operates in a competitive market with competitors including Nordea, Swedbank, Scotiabank, Handelsbanken and Bank of America, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bluestep Bank Ab (Publ)
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    EQT

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    EQT

    & 1 more

    (Jul 28, 2017)

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Products & Services of BlueStep

BlueStep offers a comprehensive portfolio of products and services, including Bolån, Sparkonto, Lånelöfte, and Bolånekalkyl. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Loans for home purchase or refinancing with flexible terms.

Accounts offering variable or fixed interest rates for deposits.

Pre-approval for loans to aid in property bidding processes.

Calculator for estimating mortgage costs and monthly payments.

Funding Insights of BlueStep

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BlueStep

BlueStep has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and EMK Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
EMK Capital is engaged in private equity investments globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BlueStep

BlueStep has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bank2. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Commercial banking services are offered to clients in Norway.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BlueStep

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bluestep Comparisons

Employees
+
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Competitors of BlueStep

BlueStep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nordea, Swedbank, Scotiabank, Handelsbanken and Bank of America, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Nordea is recognized as a leading Nordic universal bank.
domain founded_year HQ Location
Commercial banking services are offered to individuals and corporates.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Handelsbanken is recognized for personal and corporate banking services.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
SEB is recognized as a leading Nordic corporate bank.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bluestep

Frequently Asked Questions about BlueStep

When was BlueStep founded?

BlueStep was founded in 2005.

Where is BlueStep located?

BlueStep is headquartered in Stockholm, Sweden.

Who is the current CEO of BlueStep?

Oyvind Thomassen is the current CEO of BlueStep.

What does BlueStep do?

BlueStep was established in 2005 as a commercial bank headquartered in Stockholm, Sweden. Financial services, including lending and deposit management, are offered to business clients within the Swedish market. Operations are centered on supporting commercial enterprises through tailored banking solutions. The company is led by CEO Oyvind Thomassen, with its online platform accessible via bluestep.se. Focus remains on regional economic activities in the Nordic financial sector.

Who are the top competitors of BlueStep?

BlueStep's top competitors include Scotiabank, Nordea and Swedbank.

What products or services does BlueStep offer?

BlueStep offers Bolån, Sparkonto, Lånelöfte, and Bolånekalkyl.

How many acquisitions has BlueStep made?

BlueStep has made 1 acquisition, including Bank2.

Who are BlueStep's investors?

BlueStep has 2 investors. Key investors include EQT, and EMK Capital.

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