The Challenge
Brage Finans was established in 2010 by ten Norwegian savings banks aiming to create an independent financing company. Brage Finans needed a digital platform to run operations in an efficient, scalable way.
The Solution
Stacc delivers a complete core ledger solution supporting financial products and services such as loans, leasing and factoring - as well as a mobilty-as-a-service solution for cars.
Stacc Core is based on Microsoft Dynamics 365 Business Central, which is fully compatible with other Microsoft products as Windows, Office and Power BI.
Automated lifecycle handling of products and agreements from disbursement to closing.
The platform handles payment plans, due register, roles, customer data, automated periodic events, default management, automated debt collection, and running administration.
Stacc Core also includes an integrated ERP system and different compliance requirements built-in.
The Result
Brage was the first client using our core banking system, and they are still constantly expanding and innovating.
The company was established in 2010 and is now Norway’s third-largest player in leasing. Brage Finans has several owners, most of whom are savings banks.
In August, news emerged that the company’s two largest shareholders Sparebanken Vest and Sparebanken Sør plan a merger, which would make Brage Finans a subsidiary of the merged "Sparebanken Norge".
Brage Finans
Brage Finans was founded on June 2, 2010, by 10 Norwegian savings banks. Since the first full year of operation, Brage have experienced continuous growth.
Stacc solutions in use
Project tags
Asset Finance
Leasing
