Frode Lindvik

Bano AS is a Norwegian fintech company that offers a bank-alternative for young Australian consumers and businesses. The company is based in Sandane, Norway, and has subsidiaries in Denmark. Bano has gained national and international recognition for its concepts and is established in several countries with sales offices in Helsinki, Copenhagen, and other locations. The company was founded in August 2020 and provides a free account, real-time transfers, split-bill payment, Bpay, Apple Pay, Google Pay, and online payments with enhanced security features through their app. Frode Lindvik has been the CEO of the company since 2020. Bano was acquired by Waterland Private Equity Investments BV from Reto Invest AS on June 22, 2021 for $116.38 million.

Reto Invest AS is a private company based in Norway that wholesales construction materials. The Norwegian company was founded in 2014 and Frode Lindvik has been the CEO of the company since 2021.