Avanza Bank Tech Stack

Swedish neobank with 2M+ customers scaling cloud infrastructure and AI-driven analytics

Financial Services Stockholm 501–1,000 employees Founded 1999 Public Company

Avanza is Sweden's largest niche bank, serving over 2 million customers with low-cost trading and savings products. The tech stack reveals heavy investment in cloud-native infrastructure (GCP, Kubernetes, Terraform, GitOps) paired with data-platform buildout (BigQuery, Kafka, dbt, now adopting Airflow and Cloud Composer). The 100-service cloud migration and focus on incident automation suggest operational maturity challenges typical of scaling legacy banking systems — reflected in hiring that skews engineering and security to address both infrastructure modernization and risk management.

Tech Stack 29 technologies

Core StackJava BigQuery gRPC Kafka AWS Kubernetes Terraform Python Ansible Angular React JavaScript Vertex AI dbt GCP Google Cloud Spanner Azure GitOps Cloud Run Cloud SQL Pub/Sub IAM HTML CSS Excel Google Cloud's Vertex AI Google Sheets

AdoptingApache Airflow Google Cloud Composer

What Avanza Bank Is Building

◆Challenges

Incident management
Automating and optimizing business flows
Migrating legacy services to cloud
Utveckla nya fonder
Risk reduction
Optimizing delivery workflows
Transition to cloud
Automation of incident flow
Strengthening third-party risk management
Meeting evolving security requirements

▲Active Projects

Cloud transformation to gcp
Utveckling av nya fonder och produkter
Modern data modeling in cloud
New architecture in gcp
Ci/cd pipeline improvement
Infrastructure automation
Incident flow automation
Sustainable incident readiness
Organization-wide incident management improvement
Migration of 100 services to cloud

Hiring Activity

Accelerating20 roles · 10 in 30d

Department

Engineering

Finance

Ops

Product

Sales

Security

Data

Seniority

Senior

Mid

Intern

Junior

Director

Manager

Staff

Notable leadership hires: PMO Head

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About Avanza Bank

Avanza operates as a publicly listed niche bank headquartered in Stockholm, built on the principle of low-cost customer-first investing. The product range spans equity and fund trading (including zero-fee and low-cost index funds), mortgages, and pension savings. With over 2 million active customers and operations across Sweden, the company has grown large enough to require enterprise-grade infrastructure and governance. Current operational focus centers on migrating a large legacy service estate to Google Cloud Platform, modernizing data pipelines, and strengthening incident-response and risk-management processes.

HeadquartersStockholm

Company Size501–1,000 employees

Founded1999

Hiring MarketsSweden

Frequently Asked Questions

What cloud platform does Avanza Bank use?

Avanza uses Google Cloud Platform (GCP) as its primary cloud provider, alongside AWS and Azure. Core services include Google Cloud Spanner, BigQuery, Cloud Run, and Pub/Sub. The company is actively migrating 100+ services to GCP as part of a broader cloud transformation initiative.

What data and analytics tools does Avanza use?

Avanza uses BigQuery for data warehousing, Kafka for event streaming, dbt for data transformation, and Vertex AI for machine learning. The company is actively adopting Apache Airflow and Google Cloud Composer for workflow orchestration and data pipeline management.