Our history

Norion Bank (formerly Collector Bank) was founded in 1999 as a management business for non-performing loans. The company was subsequently developed into a credit market company with its own products, aimed at both corporate and private customers, and expanded into Norway and Finland in 2008. In 2015, the company obtained a banking license and was listed on Nasdaq Stockholm. In 2019, the bank launched a strategic transformation from a niche bank focused on fintech and high growth to a Nordic financing bank focusing on balanced and profitable growth. The transformation involved streamlining the core business, which has been conducted through three brands since 2023: Norion Bank targeting medium-sized corporates and real estate companies, Walley targeting merchants and private customers, and Collector targeting private individuals. Norion Bank has offices in Gothenburg, Stockholm, Helsingborg, Oslo and Helsinki.