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
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Kvika Advisory Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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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. 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.
Offers customized financial solutions for companies and institutions.
Provides loans, securities, and advisory for market transactions.
Manages portfolios for individuals and institutions with long-term focus.
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Funding Insights of Kvika
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Card-linked wallet services are provided for consumer payments and transfers.
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2014 | ||||
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Point of sale financing solution
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2013 | ||||
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Asset-backed loans are provided to clients in the United Kingdom.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kvika
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kvika Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Commercial banking services are offered in Reykjavik, Iceland.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Iceland.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in South Africa.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kvika
Frequently Asked Questions about Kvika
When was Kvika founded?
Kvika was founded in 1999.
Where is Kvika located?
Kvika is headquartered in Reykjavik, Iceland.
Who is the current CEO of Kvika?
Armann Thorvaldsson is the current CEO of Kvika.
What does Kvika do?
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.
Who are the top competitors of Kvika?
Kvika's top competitors include Scotiabank, Landsbankinn and Arion banki.
What products or services does Kvika offer?
Kvika offers Commercial Banking, Investment Banking, and Asset Management.
How many acquisitions has Kvika made?
Kvika has made 3 acquisitions, including Aur, Netgíró, and Ortus Secured Finance.
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