Bank Index

Betalo

E-money or payment institution · Stockholm, Sweden · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 10 scored needs: 4.8. Regulation in Sweden: 96/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Betalo AB (publ) is recorded in the global register as an e-money or payment institution in Stockholm, Sweden. The register names Finansinspektionen (Sweden) as its regulator and shows the licence as licensed. Established 2020. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Betala hyra, leverantörsfakturor och räkningar med ditt Mastercard, Visa, Diners eller American Express. Tjäna förmåner på betalningar du ändå gör. FI-reglerat betalningsinstitut.”

Legal name
Betalo AB (publ)
Regulated by
Finansinspektionen (Sweden)
Licence confirmed
yes, on a regulator's own list
Established
2020
LEI
549300HX4GCLX2B4SD25
Website
www.betalo.com/sv/

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Fast digital onboarding
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
6.0Online businesses: e-commerce and SaaS
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Lowest fees
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Fintech companies that need a partner bank
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Startups & VC-backed companies
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.0Cross-border payments, FX and multi-currency accounts
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.0Business cards (Visa, Mastercard)
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
4.0Financial strength & stability
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
3.5Trade, manufacturing & import-export
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
2.0Best interest on business balances
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.