Case Study: Lea Bank achieves cloud-native core banking across the Nordics with Stacc Core Ledger

Lea bank - Customer Case Study

Lea Bank, a fully digital consumer finance bank, sought to avoid the high costs of traditional banking infrastructure and office maintenance. Their challenge was to find a core solution to support their mobile-only banking operations. They partnered with Stacc, which provided its Stacc Core Ledger product to handle their deposits and loans.

Stacc implemented a cloud-native core banking solution built on Microsoft Dynamics 365, which automated the entire lifecycle of financial products and handled compliance. This allowed Lea Bank to streamline its digital operations, successfully expand internationally into Norway, Sweden, Finland, and Spain, and become the world's first bank running in Azure Cloud. The successful implementation led to a continued strategic collaboration with Stacc to further drive automation following the grant of a Swedish banking license.

Lea bank