Acquiring Company
Swedbank
Acquired Company
Entercard
Estonia
SwedenFinancial ServicesFinancial ServicesFinanceLendingDescription
Swedbank has reached an agreement to acquire Barclays' ownership stake in Entercard, making it a wholly owned subsidiary. This acquisition aims to create the largest card business in the Nordics and Baltics. The deal is subject to regulatory approval and may impact Swedbank's capital ratio upon completion.
Quick answer
Swedbank is acquiring Entercard, announced August 28, 2025. Swedbank is based in Estonia.
- How much did Swedbank pay for Entercard?
- The deal value was not disclosed.
- What does Swedbank do?
- Swedbank is Sweden's oldest retail bank, which has been in the spotlight due to a money-laundering scandal involving its Estonian business.
- Where are Swedbank and Entercard based?
- Swedbank is based in Estonia. Entercard is based in Sweden.
- Who are the decision-makers at Swedbank?
- Fundz holds 1 contact at Swedbank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Swedbank, and when
When Swedbank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired Entercard?
Entercard was acquired by Swedbank, based in Estonia. The deal was reported on August 28, 2025. Swedbank is Sweden's oldest retail bank, which has been in the spotlight due to a money-laundering scandal involving its Estonian business. Swedbank is privately held and operates in Financial Services.
When did Swedbank acquire Entercard?
Swedbank's acquisition of Entercard was reported on August 28, 2025. Swedbank has reached an agreement to acquire Barclays' ownership stake in Entercard, making it a wholly owned subsidiary. This acquisition aims to create the largest card business in the Nordics and Baltics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Entercard do?
Entercard is one of the leading credit market companies in the Nordics, providing card products and consumer loans. It has established partnerships across Sweden, Norway, Denmark, and Finland. It is privately held, operating in Financial Services, and is based in Sweden.
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