Kompasbank
in Denmark 🇩🇰
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About Kompasbank in Denmark
Kompasbank is a digital business bank specializing in financing solutions for small and medium-sized enterprises (SMEs) across the European Economic Area. Headquartered in Vedbæk, Denmark, the bank operates as a fully cloud-based financial institution with a proprietary digital infrastructure built from the ground up. While its primary focus is SME lending, Kompasbank also offers competitive savings accounts to retail depositors, using these deposits to fund its lending activities and support business growth in Denmark and beyond.
As of 2024, Kompasbank holds approximately 0.02% market share in Denmark and ranks as the 45th largest bank in the country by total assets. The bank has provided over DKK 2.4 billion in aggregated lending since inception and has facilitated the creation of approximately 1,500 jobs through its financing activities.