Aprila Bank's business idea is to offer companies loans and factoring/invoice purchasing by launching different services:
Offering factoring/invoice purchasing. The growing need for alternative sources of financing for companies is a key driver for the factoring market growth and Aprila Bank wanted to be the first real-time factoring bank in Norway
Raising capital from the private market based on savings accounts with a good market rate. Offering loans and revolving credits to the business market to realise growth, invest in projects or for day-to-day operations
What we deliver
Stacc deliver the core platform including support for deposits, factoring, invoice purchase, loans and revolving credits. In addition, we delivered fully automated and digitised onboarding process including KYC/AML, scoring, authentication and signing of documents by eID, my page and case management system for manual onboarding.