Avanza
Swedish online bank
- Sven Hagströmer (chairman)
- Rikard Josefson (CEO)
- Creades AB (10.1%)
- Sven Hagströmer (10.1%)
Number of employees
Avanza Pension
Placera Media
Avanza Bank Holding AB is a Swedish online bank based in Stockholm, specializing in savings, investments and pensions. Avanza is the largest stockbroker in Sweden and on the Stockholm Stock Exchange, with 1,863,100 customers and a 6.6% share of the Swedish savings market as of August 2023.[1]
History
Avanza was founded in 1999 as HQ.se.
In 2001, HQ.se acquired Avanza changed its name to Avanza, which became the largest stockbroker in Sweden, with 80,000 active customers.[2]
In 2006, Avanza acquired stock magazine Börsveckan and launched Placera, a free online newspaper. Placera is focused on equities, funds and savings. The two are editorially independent and are grouped under Placera Media, a wholly-owned subsidiary of Avanza.[3]
During the same year, another wholly-owned subsidiary, fund manager Avanza Fonder, was launched, along with their first product Avanza Zero, a completely free-of-charge index fund tracking the OMX Stockholm 30 index.
In 2018, Avanza Fonder launched the cheapest global fund in the world, Avanza Global, with an annual management fee of 0.05%.[4]
In 2019, Avanza won the Swedish Quality Index’s award for the most satisfied savings customers in Sweden for the tenth consecutive year.[5]
References
- ^ "August: Monthly statistics". Avanza Bank. 2023-09-05. Retrieved 2023-09-12.
- ^ "Avanza and HQ.SE Aktiespar form the largest Internet broker" (Press release). Cision. June 8, 2001.
- ^ "Welcome to Placera". Avanza (in Swedish). Retrieved 2023-09-12.
- ^ "Avanza launches the world's cheapest global fund" (Press release). Cision. August 24, 2018.
- ^ "Avanza Bank Wins Banking Technology Award for Best Use of IT". GlobalFinTechSeries. 2019-12-19. Retrieved 2020-06-29.
External links
- Börsveckan
- Placera Nu
- v
- t
- e
Online brokerages
| Canada |
|
|---|---|
| India | |
| United States | |
| Europe | |
| Asia | |
| Elsewhere |
|
Category:Online brokerages
 | This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e
 | This Swedish corporation or company article is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e
