Finland · Payments & e-money

Coinmotion Oy

Coinmotion Oy is a Finnish limited company with its principal office in Jyväskylä, formerly named Prasos Oy. The Finnish Financial Supervisory Authority (FIN-FSA) authorises it as a payment institution and, since July 2025, as a crypto-asset service provider under MiCA. It is an unlisted company with no disclosed controlling shareholder. It offers exchange, custody and transfer of crypto-assets and euro payment accounts to consumers and businesses in Finland and Sweden.

Licences and registrations

Held by Coinmotion Oy (LEI 743700PZG5RRF7SA4Q58). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.

RegisterLicenceNumberJurisdictionStatusRegisteredEndsActivitiesRegister entry
EBA PSD2 RegisterFinnish Financial Supervisory Authority Payment institutionPayment Institution 24696831 Finland Active 2019-07-04 —
  • Payment services
  • Card acquiring
Search the register ↗
ESMA interim MiCA register of crypto-asset service providersFinanssivalvonta (FIN-FSA) Crypto-asset service providerCrypto-Asset Service Provider 743700PZG5RRF7SA4Q58 Finland Active 2025-07-02 —
  • Crypto-assets
Search the register ↗

Trading names on the register: Coinmotion (EBA-PSD2, ESMA-CASP)

  • 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.

Swift network

Swift’s ISO 9362 BIC directory

Holds no BIC in Swift’s directory.

Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Overview

Researched 29 Sep 2026 · Sources

Customers

155,000

customers · This entity · 10 Feb 2026 · company statement ↗

Employees

60

headcount · This entity · 10 Feb 2026 · company statement ↗

Ownership

Privately held

Firm type

Crypto exchange or broker

Trades as Coinmotion

Ownership
The firm is an unlisted company with no disclosed controlling shareholder. Its August 2026 release names former chair Henry Brade and new chair Hannes Helenius as shareholders.
Head office
Kauppakatu 39, 40100 Jyväskylä, Finland
Company register
Finnish Business ID (Y-tunnus) 2469683-1
Incorporated
2012
Former name
Prasos Oy

Online

Websites & references
coinmotion.com ↗
helpcenter.coinmotion.com ↗ help centre
careers.coinmotion.com ↗ careers site
app.coinmotion.com ↗ web application login
bittiraha.fi ↗ Finnish-language crypto guide site linked from the Finnish footer
Official social accounts
LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 12 pages consulted
  1. coinmotion.com
  2. coinmotion.com/terms-of-service
  3. coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf
  4. coinmotion.com/regulatory-information/
  5. coinmotion.com/about-us
  6. coinmotion.com/fi/tiedote-coinmotionin-korkopalveluasiakkaille/
  7. coinmotion.com/coinmotion-welcomes-new-ceo-antti-jussi-suominen/
  8. coinmotion.com/fi/coinmotion-kokemuksia-miksi-valita-juuri-coinmotion/
  9. epressi.com/tiedotteet/pankit-ja-rahoitus/sijoitus-ja-fintech-alan-vaikuttaja-hannes-helenius-coinmot
  10. epressi.com/tiedotteet/pankit-ja-rahoitus/johtava-kryptopalveluntarjoaja-coinmotion-laajentaa-toimint
  11. epressi.com/tiedotteet/pankit-ja-rahoitus/coinmotion-sai-eun-mica-asetuksen-mukaisen-toimiluvan-krypt
  12. epressi.com/tiedotteet/pankit-ja-rahoitus/mita-tapahtuu-kryptomarkkinoilla-ja-mika-jaa-pinnan-alle-tu

Authorisation

Researched 29 Sep 2026 · Sources

Operates under
Its own licences

The FIN-FSA authorises the firm as a payment institution under the Finnish Act on Payment Institutions (297/2010) and as a crypto-asset service provider under MiCA. The firm states that it notified the FIN-FSA of cross-border services to Sweden under both authorisations.

AuthorityLicence or registrationNumberHeldStatusSource
Finnish Financial Supervisory Authority (FIN-FSA) Finland Payment institution (Act on Payment Institutions 297/2010) 24696831 In its own name Active coinmotion.com ↗
Finnish Financial Supervisory Authority (FIN-FSA) Finland Crypto-asset service provider (MiCA) 743700PZG5RRF7SA4Q58 In its own name Active coinmotion.com ↗

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.

Partners and safeguarding

Researched 29 Sep 2026 · Sources

Safeguarding
Segregated safeguarding accountsThe firm states that it holds customers' euro funds in dedicated accounts at EEA banks, separate from its own funds, and keeps a register of each customer's position.coinmotion.com ↗
Crypto-asset custody
MixedThe firm holds standard crypto-assets in its own segregated wallets, aiming for 95–98% in cold storage. It outsources custody for its Expansion Service to Bitpanda GmbH in Austria.coinmotion.com ↗
Crypto custodian
Bitpanda GmbH Austria coinmotion.com ↗

Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.

Products and markets

Researched 29 Sep 2026 · Sources

  • Crypto trading
  • Crypto custody
  • Crypto on- and off-ramp
  • Bill payments
  • Domestic payments

It offers exchange, custody and transfer of crypto-assets, monthly savings plans, staking, an over-the-counter (OTC) desk and euro payment accounts that can also pay bills.

It serves customers in Finland and in Sweden, where it offers payment and crypto-asset services under its Finnish authorisations.

Revenue
EUR 9.85mThis entity · 31 Dec 2024 · company statement ↗
Sells to
Consumers · Small businesses · Enterprises
Serves customers in 2 countries
Finland · Sweden

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Antti-Jussi Suominen Chief Executive Officer Confirmed 29 Sep 2026 · coinmotion.com ↗
Chair
Hannes Helenius Chairman of the Board Confirmed 29 Sep 2026 · epressi.com ↗

Recent events 1 enforcement or investigation item

Researched 29 Sep 2026 · Sources

  1. Leadership

    The annual general meeting appointed Hannes Helenius chair of the board. He succeeded Henry Brade, who remains a shareholder.

    epressi.com ↗
  2. Incident

    The firm began final refunds to former interest-service customers after Tesseract recovered funds from its counterparties' insolvency proceedings following the November 2022 events.

    coinmotion.com ↗
  3. Other

    The firm launched its services in Sweden under its Finnish MiCA authorisation and appointed Christer Ekman as country manager.

    epressi.com ↗
  4. Licence

    The FIN-FSA authorised the firm as a crypto-asset service provider under MiCA before the end of the Finnish transitional period.

    epressi.com ↗
  5. Leadership

    Antti-Jussi Suominen became chief executive officer on 4 September 2023, succeeding interim CEO Pasi Matilainen.

    coinmotion.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

Licence no. · EBA-PSD2
24696831
Licence no. · ESMA-CASP
743700PZG5RRF7SA4Q58
BIC
Holds no BIC in Swift’s directory
How the LEI was matched
Published by the register
Elucidate firm ID
5bf8966239de

Profile

Type
Payments & e-money · CryptoPayment 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.
Main licence class
Crypto-Asset Service Provider
Activities
  • Payment services
  • Card acquiring
  • Crypto-assets
Licensed in
Finland · Europe & Central Asia
First registered
2019-07-04

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

The Coinmotion Oy group has 2 institutions in the directory, in 1 country: none holds a BIC.

Including Bittimaatti Oy.

See the Coinmotion Oy group →

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

Addresses

Address on the register
Kauppakatu 39 40100 Jyväskylä Finland, Jyväskylä, 40100
Country
Finland

ISO 20022 identification

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

This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.

Identified by
Name and postal address, with its LEI
Postal address
Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
  <LEI>743700PZG5RRF7SA4Q58</LEI>
  <Nm>Coinmotion Oy</Nm>
  <PstlAdr>
    <PstCd>40100</PstCd>
    <TwnNm>Jyväskylä</TwnNm>
    <Ctry>FI</Ctry>
    <AdrLine>Kauppakatu 39 40100 Jyväskylä</AdrLine>
    <AdrLine>Finland</AdrLine>
  </PstlAdr>
</FinInstnId>
  • The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
  • CBPR+ does not accept the character ä in names and addresses. Transliterate before sending.

CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.

The values are as published by the register. Check them against your own records before use.

Sources & method

Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.

An institution missing from these registers is not necessarily unregulated.

Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.

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 →

Registers for this page

  • EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
  • ESMA interim MiCA register of crypto-asset service providers—European Securities and Markets Authority (ESMA) · source ↗ as at 25 September 2026
  • Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
  • 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.

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