Ikano was originally a part of the home furnishing company IKEA, founded by Ingvar Kamprad, in Sweden in 1943.

In 1988, Ikano became an independent group of companies, owned by the Kamprad family.The Ikano Group owns, develops and manages companies in the areas of financial services, real estate, insurance and retail.Ikano's strength is distinguished by working together to create long-term solutions based on fair terms and simplicity that bring value to their customers.