Sweden · Payments & e-money

Brite AB

Brite AB is a Swedish limited liability company based in Stockholm. Finansinspektionen, the Swedish Financial Supervisory Authority, has authorised it as a payment institution under the Payment Services Act (2010:751) since 24 October 2019. Trading as Brite Payments, it offers merchants instant account-to-account payments, payouts and account data services. It routes these through its own Brite Instant Payments Network. Dawn Capital led a USD 60 million Series A round in October 2023, with Headline and Incore Invest also taking part.

BICBRTESESSXXX LEI8945007N5HWPQH56RV83 Licence no.46649 Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BRTESESS directly. Head-office BIC only Claim this profile

Licences and registrations

Held by Brite AB (LEI 8945007N5HWPQH56RV83). 2 entries on 1 of the 22 tracked registers, retrieved 25 September 2026.

RegisterLicenceNumberJurisdictionStatusRegisteredEndsActivitiesRegister entry
EBA PSD2 RegisterSwedish Financial Supervisory AuthorityLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. Payment institutionPayment Institution 46649 Sweden Active 2019-10-24 —
  • Payment services
  • Payment initiation
  • Account information
Search the register ↗
EBA PSD2 RegisterSwedish Financial Supervisory AuthorityLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. Account information service providerAccount Information Service Provider 46649 Sweden Withdrawn 2019-07-05 Ended 2019-10-23
  • Account information
Search the register ↗
  • Licences belong to the legal entity, not to a BIC.
  • Each licence applies in the country of the regulator that granted it.
  • Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
  • The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.

Swift network

Swift’s ISO 9362 BIC directory

BIC
BRTESESSXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BRTESESS directly.
Swift GPI
Not on the member list
Payment schemes and systems
SCT · SCT Inst · TIPS
Branch codes
None: head-office BIC only
BIC first registered
2020-06-06
Last updated
2022-02-14

Authorisation

Researched 29 Sep 2026 · Sources

Operates under
Its own licences

Finansinspektionen authorises the firm as a payment institution under the Swedish Payment Services Act (2010:751). The authorisation covers execution of payment transactions, payment initiation services and account information services. Finansinspektionen's register lists cross-border service notifications for 27 EEA states. Brite Payments Limited, a separate UK company in the Brite group, holds the FCA electronic money authorisation (FRN 1033237).

AuthorityLicence or registrationNumberHeldStatusSource
Finansinspektionen (Swedish Financial Supervisory Authority) Sweden Payment institution (execution of payment transactions, payment initiation services, account information services) 46649 In its own name Active fi.se ↗

Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.

Products and markets

Researched 29 Sep 2026 · Sources

  • Payment initiation (open banking)
  • Payouts and mass payments
  • Account information (open banking)
  • FX conversion

Brite offers online merchants instant Pay by Bank payments, instant payouts and refunds, and bank-data verification services. It says it takes full receipt of incoming funds and settles them to merchants in the currency they choose. Its sector pages cover financial services, gaming, e-commerce, travel, utilities and charities.

The firm says it operates in 27 European markets and connects to more than 3,800 banks. It serves customers across the EEA under its Swedish payment institution licence.

Sells to
Enterprises · Consumers
Serves customers in 26 countries
Sweden · Denmark · Finland · Norway · Germany · Austria · Netherlands · Belgium · Luxembourg · France · Spain · Portugal · Italy · Ireland · Malta · Greece · Cyprus · Slovenia · Slovakia · Croatia · Romania · Hungary · Lithuania · Latvia · Estonia · Switzerland
Latest funding round
Series A · USD 60m Oct 2023Led by Dawn Capitalbritepayments.com ↗

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Lena Hackelöer Founder / CEO Confirmed 29 Sep 2026 · britepayments.com ↗
Chief financial officer
Robin Paulsson Chief Financial Officer Confirmed 29 Sep 2026 · britepayments.com ↗
Compliance / MLRO
Teresa Conde Karpe Head of Compliance and MLRO Confirmed 29 Sep 2026 · britepayments.com ↗
Compliance / MLRO
Maja Chaińska Head of AML and Compliance Operations Confirmed 29 Sep 2026 · britepayments.com ↗
Executive
Harald Walden Chief Technology Officer Confirmed 29 Sep 2026 · britepayments.com ↗
Executive
George Parks Davie VP of Product Confirmed 29 Sep 2026 · britepayments.com ↗

Recent events

Researched 29 Sep 2026 · Sources

  1. Licence

    The FCA authorised Brite Payments Limited, a UK group company, as an electronic money institution, and the group began a UK Pay by Bank launch.

    britepayments.com ↗
  2. Leadership

    Brite appointed Robin Paulsson as chief financial officer after Fredrik Strömqvist stepped down.

    fintechfutures.com ↗
  3. Licence

    Finansinspektionen's register recorded the firm's cross-border service notification for Slovenia, following Portugal in September 2025.

    fi.se ↗
  4. Funding

    Brite raised USD 60 million in a Series A round led by Dawn Capital, with Headline and Incore Invest.

    britepayments.com ↗
  5. Leadership

    Brite appointed Alexander Kassai as chief operating officer and Fredrik Strömqvist as chief financial officer.

    britepayments.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.

Identifiers

Head-office record

BIC
BRTESESSXXX
How the BIC breaks down
  1. BRTEBank
  2. SECountry · Sweden
  3. SSLocation
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
8945007N5HWPQH56RV83
LEI record
View on GLEIF ↗
Licence no. · EBA-PSD2
46649
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate to GLEIF on name, country and address.
Register-entry ID
0a51fbdaf64e

Profile

Type
Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
Regulation
Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
Register licences
2 entries on 1 register
Activities
  • Payment services
  • Payment initiation
  • Account information
Licensed in
Sweden
Country · region
Sweden · Europe & Central Asia
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
LINNEGATAN 5 STOCKHOLM 114 47 SWEDEN
Operational address
LINNEGATAN 5 STOCKHOLM 114 47 STOCKHOLM SWEDEN

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>BRTESESSXXX</BICFI>
  <LEI>8945007N5HWPQH56RV83</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>BRTESESSXXX</BICFI>
  <LEI>8945007N5HWPQH56RV83</LEI>
  <Nm>BRITE AB</Nm>
  <PstlAdr>
    <TwnNm>STOCKHOLM</TwnNm>
    <Ctry>SE</Ctry>
    <AdrLine>LINNEGATAN 5 STOCKHOLM 114 47</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Payment schemes and systems

EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28

Scheme or systemSinceRegistered withNote
SEPA Credit TransferISO 20022 messages 2020-12-07 Head office —
SEPA Instant Credit TransferISO 20022 messages 2020-12-07 Head office —
TIPS (TARGET Instant Payment Settlement)ISO 20022 messages — Head office —

SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.

An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.

“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.

Claim this profile

Work at Brite AB?

Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.

  1. 01Submit Tell us who you are, using your work email.
  2. 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
  3. 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.

Claim received

Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.

Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
  • EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
  • Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.

Assess the financial crime risk behind a BIC

A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

Book a demo