Aptic reports its strongest year yet, increases turnover with 80 %

Press releases, 3 May, 2018

The Swedish fintech company Aptic continues its growth trip and is showing a record year for 2017. The company turnover increased by almost 80 per cent to 92 MSEK (52) and the profit lands at 16 MSEK, up from break even in 2016. The company is now planning for continued expansion into new markets and a new recruitment drive.

2017 was a year of strong growth for Aptic. Aptic boasted several new major customers, including Komplett Bank in Norway, Intrum in the Netherlands and the Swedish Captum Group, which is part of the Stena group where Stena Line and Sembo also belong. During 2017 Aptic opened its offices in Norway and Denmark. The customer increase also meant that the company staff increased from 50 to 70 at the end of 2017. In May Aptic further strengthened its offering through the acquisition of the company Svalefelt Solutions, a company specialising in web and front end with a focus on debt collection agencies and financial companies.

“- 2017 became a really good year for us and 2018 looks to be even better. We have in principle already filled our order books for the year. We see a great demand for our solution and our niche expertise. That means we are gearing up for expansion, on our domestic markets but also on new markets”, states Knut Eirik Storsul, Aptic CEO.

Aptic is currently in a phase of intense recruitment, and the company expects to hire at least as many as last year. There are also plans to open two new offices on the European markets in line with the demand increase of the Aptic ARC platform and associated modules.

“- A contributing reason for our success is also that we have a deep knowledge of our customer’s needs and business challenges. Consequently, we can provide solutions that actually drives their own business and product development forward, for example, we can provide complete payment solutions where the customer keeps the relation with the customer as well as the profit. We are also extremely agile in our deliveries, which is appreciated”, says Knut Eirik Storsul.