FinTech Magazine - April 2022 | Page 49

IKANO BANK
Åsa Stoije , Head of Sourcing and Procurement , Ikano Bank , discusses the value effective procurement can provide , and the need for strategic partners

Owned by the Kamprad family , Ikano Bank can be traced back to the home furnishing company , IKEA ( founded in 1943 ). Ikano Bank founded in 1995 creates possibilities for better living by offering simple , fair and affordable services , enabling a healthy economy for the many people . Ikano Bank ’ s offer includes savings and loan products for consumers , sales support services for retailers , and leasing and factoring solutions for businesses . Åsa Stoije , Head of Sourcing and Procurement at Ikano Bank spoke of the company ’ s business idea : “ We create possibilities for better living by offering simple , fair and affordable services , enabling a healthy economy for the many people ..”

Ikano Bank ’ s offerings consist of credit cards , loans , mortgages , sales financing , factoring , and leasing . “ We have roughly 1,100 employees in eight European markets , including the Nordics , Germany , UK , Poland and Austria ,” says Stoije .
She adds : “ But what is interesting right now and for the coming years is that we are in the middle of a transformation - building a completely new digital bank alongside our existing operations .”
Sourcing and procurement at Ikano Bank Having 20 years ’ experience in international and progressive functions , Stoije ’ s focus has been on sourcing and procurement at all levels . fintechmagazine . com 49