EnterCard Group AB

EnterCard Group AB is a Nordic credit market company headquartered in Sweden that issues unsecured consumer credit through credit cards and loans across Sweden, Norway, and Denmark, operating both under its own “re:member” brand and through co-branded programs with retail and affinity partners. The company is a joint venture owned by Swedbank AB (publ) and Barclays (via its principal investments arm), and is authorized and supervised in Sweden by Finansinspektionen, with activities in Norway and Denmark conducted under local regulatory frameworks. Products are predominantly Mastercard-branded revolving credit cards and installment loans, with digital onboarding, BankID/eID authentication, chip-and-PIN/contactless, and 3‑D Secure for online transactions. Pricing is risk-based and varies by market and product, typically including a variable interest rate, annual or monthly account fees on certain cards, cash withdrawal fees, foreign usage fees, and charges for late or missed payments; representative examples and standard information are disclosed per national consumer credit rules. Credit assessment relies on income, affordability, and credit bureau data, with limits adjusted over time and continuous monitoring for delinquency; collections are handled in line with local legislation. EnterCard discloses capital and risk information through its annual and Pillar 3 reports, and is subject to PSD2, AML/CTF, GDPR, and national consumer protection laws. Customers interact via web and app self-service and call centers in local languages; there is no branch network. The business model concentrates on unsecured consumer lending, which carries higher credit risk and sensitivity to interest-rate changes compared with secured or deposit-funded banking.