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Norway’s largest bank set to monopolise country with all-access mobile banking app

October 9, 2019

Last year DNB and Danske Bank became co-owners of the fintech. Now this joint acquisition is seeing Oslo-based DNB seek the “favoured” spot for Norway’s mobile banking app champion.

“With access to every bank in Norway, DNB can now digitally tap into the large portion of Norwegians who bank with more than one financial institution,” says Nordic API Gateway’s CEO and founder, Rune Mai.

On average, Norway is one of the top countries in the world with the most active bank accounts per inhabitant, giving financial giants such as DNB a monopolising reach if they can access all these points.

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