Kvika

Reykjavik, Iceland Founded: 1999 • Age: 27 yrs
Commercial banking services are provided in Reykjavik, Iceland.
Annual revenue $305.1M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Kvika

Kvika is a company based in Reykjavik (Iceland) founded in 1999. Kvika has completed 3 acquisitions, including Aur, Netgíró and Ortus Secured Finance. Kvika offers products and services including Commercial Banking, Investment Banking, and Asset Management. Kvika operates in a competitive market with competitors including Scotiabank, Landsbankinn, Arion banki, Islandsbanki and Bidvest Bank, among others.

  • Headquarter Reykjavik, Iceland
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Kvika Advisory Ltd
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $305.07 M (USD)
    0
    as on Dec 31, 2025
  • Net Profit
    $50.05 M (USD)
    0
    as on Dec 31, 2025
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
    Aur

    & 2 more

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Products & Services of Kvika

Kvika offers a comprehensive portfolio of products and services, including Commercial Banking, Investment Banking, and Asset Management.

Product name locked
Category locked
Primary

Offers customized financial solutions for companies and institutions.

Product name locked
Category locked
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Provides loans, securities, and advisory for market transactions.

Product name locked
Category locked
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Manages portfolios for individuals and institutions with long-term focus.

People of Kvika

Headcount 200-500
Employee Profiles 22
Employee Profiles
People
Halldór Gunnlaugsson
Marketing
People
Agla Hardardottir
Data Specialist
People
Níels Bjarnason
Head Of Data And Growth
People
Halldór Karl Högnason
Head Of Treasury

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Funding Insights of Kvika

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Detailed funding history for Kvika

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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  • Valuation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Kvika

Kvika has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aur, Netgíró and Ortus Secured Finance.

Investments
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Investment portfolio details for Kvika

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Card-linked wallet services are provided for consumer payments and transfers.
Locked Locked 2014 Locked
Point of sale financing solution
Locked Locked 2013 Locked
Asset-backed loans are provided to clients in the United Kingdom.
Locked Locked 2013 Locked
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Complete acquisition details for Kvika

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

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Financial Statements - Kvika

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Detailed financials for Kvika

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  • Profit trends
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Kvika Comparisons

Kvika Primary company
Description
Commercial banking services are provided in Reykjavik, Icela...
Location
Reykjavik, Iceland
Founded Year
1999
Annual Revenue
$305.07 M (USD)
Net Profit
$50.05 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Kvika

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of Kvika

Kvika 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 Scotiabank, Landsbankinn, Arion banki, Islandsbanki and Bidvest Bank, among others.

Company Name Domain Founded year HQ Location Description
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are offered in Iceland by Landsbankinn.
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Commercial banking services are offered in Reykjavik, Iceland.
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Commercial banking services are offered in Iceland.
Locked Locked Locked
Commercial banking services are provided in South Africa.
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Detailed competitors of Kvika

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Latest news on Kvika

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Complete news archive for Kvika

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Frequently Asked Questions about Kvika

Kvika was founded in 1999.

Kvika is headquartered in Reykjavik, Iceland.

Armann Thorvaldsson is the current CEO of Kvika.

Annual revenue of Kvika is $305.07M as on Dec 31, 2025.

Kvika was established in 1999 as a commercial bank headquartered in Reykjavik, Iceland. Core operations encompass retail and corporate banking, including deposit management, lending, and investment services. The bank serves clients across Iceland through its digital platform at kvika.is and physical branches. Leadership is provided by CEO Armann Thorvaldsson, with focus maintained on regional financial needs amid Icelands economic landscape.

Kvika's top competitors include Scotiabank, Landsbankinn and Arion banki.

Kvika offers Commercial Banking, Investment Banking, and Asset Management.

Kvika has made 3 acquisitions, including Aur, Netgíró, and Ortus Secured Finance.

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