Stacc’s platform offers a highly automated and digitized solution handling the entire lifecycle of Avida’s products and enables further expansion, growth and agility.

Stacc’s delivery consists of, among other things:

Core Banking
Ledger, life cycle handling of financial products and automated accounting.

Process automation
Process orchestration and automation of the onboarding and credit process including lockups against 3rd parties and compliance requirements like KYC, AML and GDPR built-in.

Case Management
Solution for loan application and case handling.

To establish new solutions in three countries and migrate portfolios from Avida’s current systems, the project is estimated to be delivered within 1,5 years.

We are excited to get started on this new adventure with Avida - demonstrating our Nordic growth ambition
Geir Nordrik, Stacc CEO

Stacc

Stacc AS is a Norwegian fintech company with more than 100 employees and over 30 years of experience, delivering software solutions and services to the banking and finance industry in the Nordics.

Stacc’s business model consists of offering standardized solutions and customized configuration, based on the delivery model that suits our customers; from licence only to a complete SaaS, hosted in the cloud.

“Innovation is in our DNA. In everything we do, we work to achieve increased simplification, automation and digitalization by leveraging speed, precision and knowledge.”

Avida Finance

Avida is a fast-growing Nordic financial services company that since the start in 1983 has provided financial services to companies and consumers in Sweden, Norway, and Finland. Avida has 130 employees, with headquarters in Stockholm and offices in Oslo and Helsinki.

It’s crucial for us to have a modern, configurable and scalable platform for our fast-growing business. And we found what we were looking for in Stacc. By implementing Stacc in all our markets we replace todays scattered technical environment with a modern platform that will reduce costs as well as provide a foundation for development and growth.
Christopher Dughieri, COO at Avida.