Resurs Bank AB (publ) provides consumer loans via point-of-sale payment solutions for retail and e-commerce partners as well as direct marketing channels in Sweden, Norway, Denmark and Finland. The bank was founded in 1977 and has been a licensed bank in Sweden since 2001. The bank operates in two divisions – Payment Solutions and Consumer Lending – with Consumer Lending representing an increasingly large share of lending and revenues, albeit with somewhat lower margins, larger loan exposures and longer loan duration. Within Payment Solutions Resurs partners with retailers and travel agents and to provide financing for larger consumer goods and services. The large customer volumes result in a large database providing insight into each customer's payment behaviour, which is used in targeted marketing and underwriting, and Resurs has used Payment Solutions data to support its underwriting as it expands its Consumer Lending division across the Nordic markets.
The bank is a part of Resurs Holding, a Helsingborg-based company listed on the Stockholm stock exchange, which includes the Resurs Bank group, Solid Försäkring, which specialises in non-life insurance for consumers, and Resurs Förvaltning Norden AB. The group's largest owner is Waldakt AB, an investment company owned by Sweden's well-known Bengtsson family.