Where is Kvika located?

Kvika is headquartered in Reykjavik, Iceland. It is registered at 103 NATIONS HOUSE,WIGMORE STREET,LONDON,ENGLAND,W1U 1QS.

Who is the current CEO of Kvika?

Armann Thorvaldsson of Kvika. They are also an angel investors in 1 startup.

How many employees does Kvika have?

As of Aug 31, 2026, the latest employee count at Kvika is 170.

Where does Kvika rank among its competitors?

Kvika ranks 5th amongst 10 active competitors, none of which are funded.

Who are the top competitors of Kvika?

Kvika's top competitors include Scotiabank, Landsbankinn and Islandsbanki. Among them, Scotiabank secured the most recent funding round in January, 2025.

Kvika - 2026 Company Profile, Team, Funding, Competitors & Financials

Kvika is a funded company based in Reykjavik (Iceland), founded in 1999. It operates as a Commercial bank. The company has 10 active competitors, including 3 that have exited. Its top competitors include companies like Scotiabank, Landsbankinn and Islandsbanki.

Company Details

Website: kvika.is
Email ID: *****@kvika.is
Phone Number: +354 **********
Registered Address: 103 NATIONS HOUSE,WIGMORE STREET,LONDON,ENGLAND,W1U 1QS

Key Metrics

Founded Year

1999

Location

Reykjavik, Iceland

Stage

Funding Raised

Investors

Dun & Bradstreet & 1 more

Ranked

5^th among 10 active competitors

Employee Count

170 as on Aug 31, 2026

Investment & Acquisitions

PLAIO & 4 more

Similar Companies

Standard Chartered & 20488 more

View Kvika's full profile

Kvika is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KVIKA ADVISORY LTD CIN: 9966300 , United Kingdom, Active	Jan 21, 2016	-	3 (As on Dec 31, 2021)

Kvika is a funded company. Kvika has 2 institutional investors.

View details of Kvika's funding rounds and investors

Kvika's employee count trend

Kvika has 170 employees as of Aug 26. Here is Kvika's employee count trend over the years:

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Top competitors of Kvika include Scotiabank, Landsbankinn and Islandsbanki. Here is the list of Top 10 competitors of Kvika, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
2nd	Landsbankinn 2008, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Danske Bank, Nordea & 1 others	60/100
3rd	Islandsbanki 2008, Kopavogur (Iceland), Funding Raised	Commercial banks	-	-	55/100
4th	Arion banki 1929, Reykjavik (Iceland), Public	Commercial Bank	-	Alva Capital	53/100
5th	Kvika 1999, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Dun & Bradstreet, Alva Capital	51/100
6th	Bidvest Bank 2000, Johannesburg (South Africa), Acquired	Commercial bank	-	-	42/100
7th	First Community Bank 1983, Alice (United States), Unfunded	Community bank offering personal and business banking services with local focus	-	-	36/100
8th	Kreissparkasse Biberach 1853, Biberach (Germany), Unfunded	Commercial bank	-	-	36/100
9th	Kaupthing 1982, Reykjavik (Iceland), Unfunded	Commercial bank	-	-	32/100
10th	Spar 2003, Kopavogur (Iceland), Unfunded	Commercial bank	-	-	17/100

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Kvika has made 2 investments in companies including PLAIO and AwareGO. Kvika has also acquired 3 companies including Ortus Secured Finance and Aur.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 14, 2024	Investments	PLAIO	2021	Reykjavik (Iceland)
Feb 24, 2022	Acquisition	Ortus Secured Finance	2013	London (United Kingdom)
Mar 19, 2021	Acquisition	Aur	2014	Reykjavik (Iceland)