Suvarna Garge (Editor)

Avanza

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Industry
  
Financial Services

Website
  
www.avanza.se

Headquarters
  
Stockholm, Sweden

Founded
  
1999, Stockholm, Sweden

Products
  
see www.avanza.se

CEO
  
Johan Prom (7 Nov 2016–)

Revenue
  
597 million SEK (2013)

Number of employees
  
269 (2013)

Avanza httpsuploadwikimediaorgwikipediacommonsthu

Type
  
Public (Nasdaq Stockholm: AZA)

Key people
  
Sven Hagströmer, Chairman Johan Prom, CEO

Stock price
  
AZA (STO) SEK 375.90 -18.60 (-4.71%)3 Mar, 10:14 AM GMT+1 - Disclaimer

Motto
  
Mer till dig, mindre till Banken.

Profiles

Avanza Bank Holding AB (publ.) is the largest online stock broker in Sweden with more than 500 000 customers and the largest number of deals on the Stockholm Stock Exchange. Avanza is one of the options open to private investors who want to play an active part in their investments and savings programmes.

Avanza is listed on the Nordic List's Mid Cap (ticker symbol AZA.ST).

History

Avanza was founded in 1999 as HQ.se. In 2001 HQ.se bought the online stock broker Avanza and kept the name. This merger made Avanza the largest online broker in Sweden with more than 150 000 active customers and a 50% market share among the online brokers.

In May 2006, Avanza acquired Börsveckan AB - the company behind the stock magazine with the same name.

In September 2006, Avanza launched the online magazine Placera Nu.

References

Avanza Wikipedia