The Mortgage Factory

Comprehensive platform for mortgage lending:

Magellan - the lending engine for a new generation of banks


Making disruption possible

Challengers are about to disrupt the Swedish mortgage loan market. We provide the tech platform.

Our system

Näktergal. The mortgage factory.

Mortgage loans are too expensive. For too long, four big banks have dominated the Swedish market and now earn record profits. The legislator finally grew tired of this and opened the €310BN market for challengers. These challengers need a technical platform to take on the banks. Our platform. Näktergal Magellan.

Forged in the heat of the blanco loan wars, Magellan allows for automisation the banks can only dream about. Coupled with high usability, Magellan offers mortgage challengers everything needed to quickly attract large volumes of previous bank customers, giving people cheaper mortgage loans and more affordable living.

So far,60 965customers have applied for2 367 215 584using Magellan.

We like Näktergal both because of its technology and because of the collaborative approach you use to bring it to market. Keep up that great work!

- Aitor Almendros Moreno, Santander Innoventures

Collaboration beats competition

Our consumer lending system consists of a Core and a Platform. The Core handles the everyday challenges of lending, while the Platform gives you the chance to try and test new tech.

The Platform offers the latest-and-greatest solutions such as fraud detection and pre-collection AI, as well as tools for visual data analysis.

Magellan Core & Platform »
On the Magellan Platform are, among others, Bisnode, UC, Instantor, Bank ID, Collect AI and award-winning Zensed.

Magellan's My pages offer full functionality on mobiles and can be branded to match your profile.

For nearly 20 years we were CEO, CTO, etc. at Nordic banks. With time it became more and more difficult to match our system with increasing regulation.

We decided to build the system we were missing.

About Näktergal


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