DNB selects Stacc to automate home loan processing

By Vriti Gothi

DNB has partnered with Nordic FinTech Stacc to develop a new digital mortgage platform aimed at modernising the country’s home loan market and accelerating end-to-end mortgage processing.

Under the agreement, Stacc’s mortgage technology will be rolled out across DNB and its digital subsidiary Sbanken, enabling faster loan applications, automated disbursements, and greater self-service flexibility for customers. The platform is intended to streamline complex credit and regulatory workflows while allowing banks to focus more closely on customer experience and advisory services.

The move reflects a broader shift across Nordic banking towards deeper automation of core lending processes. As competition intensifies and customer expectations evolve, banks are increasingly seeking technology partners to reduce friction in traditionally paper-heavy products such as mortgages.

Tone-Marie Wahlstrøm, Division Director for Mortgage Digitalisation at DNB, said, “We’re now taking a giant leap towards an entirely new way of offering mortgages in Norway. The bank’s ambition is to significantly shorten approval and payout timelines, with refinancing decisions potentially completed within hours rather than days.”

Founded in 2016, Stacc provides digital credit process solutions to financial institutions across Norway, Sweden, and Denmark. The company employs around 250 people across the region and specialises in automating lending decision-making while meeting local regulatory requirements.

Geir Nordrik, CEO of Stacc, said, “The partnership underscores a growing industry trend. “Banks increasingly want to focus on what creates customer value, while our platform handles the technical and regulatory complexity of the mortgage process. Being chosen by Norway’s largest bank marks a major milestone for Stacc.”

DNB said the selection followed an extensive evaluation process, with Stacc’s platform chosen for its agility and scalability. Beyond faster processing, the new system is expected to support more flexible mortgage structures, allowing borrowers to tailor repayment terms to their individual needs.

The rollout will take place over the coming years, with DNB positioning the initiative as part of a longer-term strategy to prepare for a future in which fully automated mortgages become an industry standard, while maintaining access to human advice where required.