Stoer is revolutionizing the mortgage market through digitalization. The Swedish startup offers a groundbreaking solution that digitalizes banks’ mortgage processes, optimizing the entire flow from user interface to IT operations. This pioneering approach enables banks to engage with customers in their preferred online environments. With Stoer’s innovative solution, clients can efficiently manage their mortgages using mobile, tablet, or computer, receiving personalized offers and approval in less than a minute. By bringing the mortgage market online, Stoer not only enhances user experience and service quality but also accelerates response times and improves the banks' operational efficiency. Founded in 2016, Stoer operates at the intersection of Financial Services, Fintech, IT Infrastructure, Information Technology, and Banking. The company's headquarters is located in Sweden. In May 2018, Stoer secured a significant kr10.00M Venture Round investment, signaling confidence in its pioneering approach. The startup boasts a team with a unique blend of expertise in banking, IT, digital solutions for payments, e-commerce, and financial services. Additionally, Stoer features in-house legal specialists well-versed in national and international banking and finance regulations. Overall, Stoer’s innovative "Mortgage-as-a-Service" solution holds the potential to redefine the mortgage sector by liberating it from legacy IT systems, keeping pace with evolving legal requirements, and providing a seamless digital platform for enhanced customer experience.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | kr10.00M | - | 24 May 2018 | |
Venture Round | kr4.00M | - | 12 Sep 2017 |
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