MedMera Bank

Digital bank · Solna, Sweden

MedMera Bank Aktiebolag is a Swedish bank based in Solna that sells two things, both to private individuals: savings accounts and unsecured personal loans of up to SEK 600,000. Finansinspektionen's company register files it as a bankaktiebolag with a banking licence dated 11 June 2007, and its half-year report states that all of the business it carries on takes place in Sweden only. Total assets were SEK 12,998 million at 30 June 2026 and deposits from the public SEK 11,069 million. Morrow Bank bought the whole company from Kooperativa Forbundet on 1 July 2026. For a business reader the important part is what is missing: no business account, no card on the product pages, no foreign currency and no payment services. The register block that brought it into this index files it under an e-money category with the status EMD Revoked - Authorised EMI, which does not match the live banking licence shown in the Swedish register.

Legal name: MedMera Bank Aktiebolag
Regulated by: Finansinspektionen (Sweden)
Licence confirmed: yes, on a regulator's own list
Established: 2007
Website: medmerabank.se

Scores, 0 to 10

8.0Customer satisfaction

Svenskt Kvalitetsindex placed it first among Swedish personal loan providers in its 2025 study with an index of 75.6. · source

6.5Financial strength & stability

Common equity tier 1 ratio 18.95 percent, total capital ratio 19.0 percent, LCR 629.2 percent and NSFR 131.6 percent at 30 June 2026, with deposits covered by the Swedish state guarantee, but no public credit rating and credit losses running at 2.3 percent of average lending. · source

3.0Europe (EU, EEA, Switzerland)

It holds a Swedish banking licence and its deposit permission is subject to mutual recognition under Annex 1 of Directive 2013/36/EU, but its half-year report says all business takes place in Sweden only and a savings account requires registration as a resident of Sweden. · source

2.0Lowest fees

There is no business account to price. On the consumer side the savings account has no fees, no minimum balance and free withdrawals. · source

2.0Best interest on business balances

It pays nothing to businesses because it takes no business deposits; consumer savings pays 1.70 percent variable and the fixed rate account up to 2.50 percent. · source

2.0Fast digital onboarding

Onboarding is online with BankID but only for individuals aged 18 or over registered as resident in Sweden, and there is no company application. · source

1.0Crypto-friendly bank

The bank opens accounts for private individuals only, so a crypto business cannot bank there, and it publishes no policy on crypto firms. · source

1.0Cross-border payments, FX and multi-currency accounts

The half-year report says all business takes place in Sweden only and the balance sheet is reported in Swedish krona alone. Single currency, Sweden only, and no accounts for companies, so there is no cash pooling or multi-currency structure. · source

1.0Fintech companies that need a partner bank

No safeguarding accounts, correspondent banking or rail access appear in the product range, which is savings and personal loans for individuals. · source

1.0Online businesses: e-commerce and SaaS

No acquiring, settlement or collection accounts; the bank does not serve operating businesses. No company accounts, no API and no multi-currency receiving; the business is SEK savings and personal loans for individuals. · source

1.0Startups & VC-backed companies

It opens no accounts for companies at any stage, so a pre-revenue startup cannot bank there. · source

1.0Trade, manufacturing & import-export

No letters of credit, guarantees or documentary collections appear in the published product range. · source

1.0Business cards (Visa, Mastercard)

No card of any kind appears on the product pages, which list personal loans, loan consolidation, energy loans, loan protection, savings and fixed rate accounts. · source

1.0Foreign-owned & non-resident companies

A savings account requires the applicant to be registered as resident in Sweden, and the bank opens no accounts for companies at all. · source

1.0High-risk verticals (iGaming, cannabis, adult, forex)

It does not serve operating businesses of any kind, so licensed gambling, cannabis, adult and forex firms cannot bank there, and no policy on those verticals is published. · source

1.0Crypto wallet and custody for a business

MedMera Bank describes itself as a complementary bank for savings and loans to private customers, working with Coop, and offers no crypto wallet or custody in 2026. · source

1.0Accept crypto payments

The bank has no merchant or business payment products, only savings and lending for households, so crypto acceptance does not exist. · source

1.0On-ramp: buy crypto with fiat

Savings account terms dated January 2026 limit account holders to natural persons saving in Swedish kronor, so a company cannot use MedMera to fund a crypto exchange. · source

1.0Off-ramp: crypto to fiat in a business account

Under the January 2026 terms only natural persons may hold MedMera savings accounts in kronor, so no business can receive crypto sale proceeds there. · source

1.0Bitcoin

MedMera offers a variable-rate savings account, fixed-term deposits and loans in 2026; no bitcoin product is offered. · source

1.0Ethereum

No ether product exists at MedMera Bank; its 2026 range is savings and consumer lending only. · source

1.0Stablecoins (USDC, USDT and others)

MedMera accounts are kronor savings accounts for natural persons under the January 2026 terms, with no stablecoin holding or payout. · 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.