- August 16, 2022
- Posted by: Bastion team
- Category: World News
OSLO, Norway–(BUSINESS WIRE)–Axo AS (“Axo”), a leading distributor of personal finance products in the Nordic region and portfolio company of Corsair, a leading private equity firm targeting payments, software and business services investments in the financial services sector, today announced that it has acquired Defero, a digital credit-scoring and financial management platform in the Nordic region. Financial terms of the transaction were not disclosed.
Founded in 2018, Defero empowers consumers to make better financial decisions through its free credit-scoring and financial management platform that is tailored to each member’s credit profile and financial needs. Today, Defero has over 400,000 users across the Nordic region. Defero provides consumers with an assessment of their credit score combined with a full view of their credit profile and offers them the ability to make changes through a variety of financial options. Defero also offers consumers a platform for budgeting and financial management, in addition to property and car valuations through its Premium offering. Following the transaction, Defero’s CEO will join the Group Management Team of Axo Group.
“Catering to consumers’ financial needs is fundamental to Axo’s goal of becoming the premier pan-Nordic platform for personal finance,” said Jostein Christian Dalland, CEO of Axo. “The addition of Defero’s consumer-focused platform and credit analytics capabilities solidifies Axo…