banky.se

Banky is a Swedish fintech company that offers private individuals personal loans, income-protection insurance and a credit-monitoring tool. Its loans are for refinancing and consolidating existing debt, vehicle and repair costs, unforeseen expenses, and entrepreneurs. Applications are submitted online and verified with BankID, with a decision shown on screen.

Banky operates as a credit intermediary rather than a bank. It works with one lender, Bankaktiebolaget Nordiska, which carries out the credit assessment and pays out the loans. Customers are private individuals in Sweden; applicants must be at least 18 years old, Swedish citizens registered in Sweden, and have a pre-tax income of at least 10,000 SEK per month. Loans can be repaid early in full or in part at no extra cost.

The company was founded in 2021. It reports more than 37,000 customers and 22+ cooperation partners. Its offerings include an unemployment insurance and a voluntary income-protection insurance, with accident insurance announced as coming soon, and Kreditkoll, a view of a user's economy and credit profile.

Product: Personal loans and debt refinancing, income-protection and unemployment insurance, and Kreditkoll credit-profile monitoring.