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Stacc and ZData

Stacc and ZData

The two Bergen-based companies, Stacc and ZData, have signed a cooperation agreement that will strengthen both companies' growth ambitions.

The two Bergen-based companies, Stacc and ZData, have signed a cooperation agreement that will strengthen both companies' growth ambitions.

09/08/2022

09/08/2022

Four men posing in front of a wall, with a ZData logo.
Four men posing in front of a wall, with a ZData logo.
Four men posing in front of a wall, with a ZData logo.

In Bergen, we find a bustling fintech community full of innovative and companies and solutions. For smaller companies to be able to get forward, it is still important to be able to use each other's expertise and skills.

Stacc's product Escali Financials is one of Scandinavia's leading financial, treasury and portfolio systems. The core functionality includes financial instruments such as loans, interest rate hedges, shares and leasing - and the company can boast a few of the largest companies in investments, property, shipping companies and insurance on the customer list.

ZData, for its part, is a leading Open Banking provider for the corporate market in The Nordic countries. They offer solutions that automate communication and coordination between accounting and banking.

The intention of the collaboration is for ZData to deliver APIs to the Escali Financials software solution, so that the product's developers can focus on its core competence, which deals with measurement, administration and accounting of financial instruments.

The collaboration between ZData and Stacc strengthens the FinTech environment in Bergen additional. Together, we can achieve international growth more easily.
Managing director of Stacc Escali, Torbjørn Skulstad

We expect to win both larger tenders and offer even better services to our customers customers as a result of the collaboration.
Albert Henrik Vedeler, sales and marketing manager at Stacc Escali, believes there is a great potential in this.

Stacc is an exciting growing company that targets the same markets as ZData. Our solutions compliment each other perfectly and we look forward to creating customer value together in the years to come.
ZData's development manager and product owner for the Open Banking venture, Kjetil Tollevsen, also looks forward to a good collaboration with Stacc.