In April 2000, Skandiabanken was launched as the first pure digital bank in Norway. Today, the Bank offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term loans and short-term loans. The Bank has no branches and all products and services are offered directly through the digital platform, which is available on a broad range of user devices. By the end of 2016, Skandiabanken had 388,614 account customers with a balance, and total assets of NOK 71.2 billion.