← State of Embedded Finance 2026

Dnb

Can Norway's largest bank extend its regulated infrastructure and distribution advantage into embedded B2B finance — BNPL, supply chain financing, and digital payments — to remain relevant as fintech challengers commoditize traditional banking?

Founded1822
HQOslo, Norway
IndustryBank / National
The story

DNB is Norway's largest bank, operating as a full-service financial institution for retail, SME, and corporate customers across the Nordics and internationally. In recent years DNB has pursued digital transformation initiatives, embedding new financial products such as B2B BNPL through a partnership with Two launched in March 2026. The bank also maintains long-standing payments infrastructure partnerships, notably with Nets Group, reinforcing its position as the dominant regulated financial infrastructure provider in Norway.

Last 12 months
2026-03
Product timeline
1822
Founded as Den Norske Creditbank, the oldest predecessor entity of DNB.· banking
2003
Merger of DnB and Gjensidige NOR to form DnB NOR, Norway's largest financial services group.· banking
2012
Rebranded from DnB NOR to DNB following acquisition of remaining Gjensidige NOR shares.· banking
2026
Launched B2B BNPL solution in partnership with Two for Nordic businesses across webshops and digital sales channels.· lending
Regulated entities
National Bank Charter
Norway
DNB Bank ASA
The stack
Banking / BaaS
DNB Bank ASA (in-house)
Lending
Supply chain financingReverse factoringB2B BNPL (net 30/60/90 days)Working capital loans
Accounting gap: none