Nordnet sells unsecured lending portfolio to Ikano Bank
Nordnet has today agreed to sell its unsecured lending portfolio to Ikano Bank. The purchase price is at a premium to the lending volume and the transaction is expected to be closed during the second half of 2024.In October 2023 Nordnet announced a strategic review of the unsecured lending business, including a potential sale of the business. Nordnet and Ikano Bank have today signed an agreement where Ikano Bank acquires Nordnet’s unsecured lending portfolio. The lending volume as of the end of March 2024 was around SEK 3.8 billion and the number of customers was approximately 26,000.