Stena Line
“Can a large European ferry operator modernise its financial operations infrastructure (invoicing, spend management, fleet financing) while divesting non-core consumer lending to focus on its core maritime transport business?”
Founded in 1962, Stena Line grew into one of Europe's largest ferry operators running 19 routes across 11 countries with approximately 40 vessels. Historically a capital-intensive shipping operator, Stena Group diversified into finance, real estate, and offshore through its parent Stena AB. In 2023, Stena divested its consumer credit subsidiary (Captum Group) to Lea Bank ASA as part of a strategic partnership, signalling a move away from in-house consumer lending toward a distribution/referral model. Operationally, the company has focused its fintech footprint on e-invoicing automation via Pagero and spend management via Findity.