---
title: "Coinmotion Oy · Payment institution (Finnish Financial Supervisory Authority) · Finland | Elucidate"
description: "Coinmotion Oy is authorised by Finnish Financial Supervisory Authority as a payment institution in Finland. Licence 24696831. LEI 743700PZG5RRF7SA4Q58. Register status, licences, activities and ownership."
url: https://elucidate.co/directory/coinmotion-oy-5bf8966239de
---

1.  [Directory](https://elucidate.co/directory)
2.  [Finland](https://elucidate.co/directory/country/fi)
3.  Coinmotion Oy

Finland · Payments & e-money

# Coinmotion Oy

Trading as Coinmotion

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.

Register status

Licensed in Finland

Payment institution · Finnish Financial Supervisory Authority

Prudential licence

[2 licences and registrations ↓](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#licences)

BIC **No BIC** LEI **[743700PZG5RRF7SA4Q58](https://search.gleif.org/#/record/743700PZG5RRF7SA4Q58)** [Licence no. **24696831**](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#licences) [Group: Coinmotion Oy](https://elucidate.co/directory/group/743700PZG5RRF7SA4Q58)

## Licences and registrations

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

| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Finnish Financial Supervisory Authority | Payment institutionPayment Institution | 24696831 | [Finland](https://elucidate.co/directory/country/fi) | Active | 2019-07-04 | — | - Payment services - Card acquiring | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) |
| [ESMA interim MiCA register of crypto-asset service providers](https://elucidate.co/directory/register/esma-casp) Finanssivalvonta (FIN-FSA) | Crypto-asset service providerCrypto-Asset Service Provider | 743700PZG5RRF7SA4Q58 | [Finland](https://elucidate.co/directory/country/fi) | Active | 2025-07-02 | — | - Crypto-assets | [Search the register ↗](https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica) |

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](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-sources)

Customers

155,000

customers · This entity · 10 Feb 2026 · [company statement ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/mita-tapahtuu-kryptomarkkinoilla-ja-mika-jaa-pinnan-alle-tutustu-q42025-katsaukseen.html)

Employees

60

headcount · This entity · 10 Feb 2026 · [company statement ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/mita-tapahtuu-kryptomarkkinoilla-ja-mika-jaa-pinnan-alle-tutustu-q42025-katsaukseen.html)

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 ↗](https://coinmotion.com/) [helpcenter.coinmotion.com ↗](https://helpcenter.coinmotion.com/) help centre [careers.coinmotion.com ↗](https://careers.coinmotion.com/) careers site [app.coinmotion.com ↗](https://app.coinmotion.com/) web application login [bittiraha.fi ↗](https://bittiraha.fi/) Finnish-language crypto guide site linked from the Finnish footer
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/coinmotion/) · [X ↗](https://twitter.com/bittirahafi) · [Facebook ↗](https://www.facebook.com/coinmotion/) · [Instagram ↗](https://www.instagram.com/coinmotion/) · [YouTube ↗](https://www.youtube.com/channel/UCCdAbvZQBA8Doy0fh8cKkjA) · [TikTok ↗](https://www.tiktok.com/@coinmotion)

Sources · 12 pages consulted

1.  [coinmotion.com](https://coinmotion.com/)
2.  [coinmotion.com/terms-of-service](https://coinmotion.com/terms-of-service)
3.  [coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf](https://coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf)
4.  [coinmotion.com/regulatory-information/](https://coinmotion.com/regulatory-information/)
5.  [coinmotion.com/about-us](https://coinmotion.com/about-us)
6.  [coinmotion.com/fi/tiedote-coinmotionin-korkopalveluasiakkaille/](https://coinmotion.com/fi/tiedote-coinmotionin-korkopalveluasiakkaille/)
7.  [coinmotion.com/coinmotion-welcomes-new-ceo-antti-jussi-suominen/](https://coinmotion.com/coinmotion-welcomes-new-ceo-antti-jussi-suominen/)
8.  [coinmotion.com/fi/coinmotion-kokemuksia-miksi-valita-juuri-coinmotion/](https://coinmotion.com/fi/coinmotion-kokemuksia-miksi-valita-juuri-coinmotion/)
9.  [epressi.com/tiedotteet/pankit-ja-rahoitus/sijoitus-ja-fintech-alan-vaikuttaja-hannes-helenius-coinmot](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/sijoitus-ja-fintech-alan-vaikuttaja-hannes-helenius-coinmotion-oyn-hallituksen-puheenjohtajaksi.html)
10.  [epressi.com/tiedotteet/pankit-ja-rahoitus/johtava-kryptopalveluntarjoaja-coinmotion-laajentaa-toimint](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/johtava-kryptopalveluntarjoaja-coinmotion-laajentaa-toimintaansa-ruotsiin-nimitti-ruotsalaisen-maajohtajan.html)
11.  [epressi.com/tiedotteet/pankit-ja-rahoitus/coinmotion-sai-eun-mica-asetuksen-mukaisen-toimiluvan-krypt](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/coinmotion-sai-eun-mica-asetuksen-mukaisen-toimiluvan-kryptosijoittaminen-hyva-sijoituskohde-yha-useammalle.html)
12.  [epressi.com/tiedotteet/pankit-ja-rahoitus/mita-tapahtuu-kryptomarkkinoilla-ja-mika-jaa-pinnan-alle-tu](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/mita-tapahtuu-kryptomarkkinoilla-ja-mika-jaa-pinnan-alle-tutustu-q42025-katsaukseen.html)

## Authorisation

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-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.

| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Payment institution (Act on Payment Institutions 297/2010) | 24696831 | In its own name | Active | [coinmotion.com ↗](https://coinmotion.com/terms-of-service) |
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Crypto-asset service provider (MiCA) | 743700PZG5RRF7SA4Q58 | In its own name | Active | [coinmotion.com ↗](https://coinmotion.com/terms-of-service) |

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](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-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 ↗](https://coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf)
- **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 ↗](https://coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf)
- **Crypto custodian:** Bitpanda GmbH Austria [coinmotion.com ↗](https://coinmotion.com/wp-content/uploads/2025/11/B2-SUMMARY-OF-THE-CUSTODY-POLICY-.pdf)

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](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-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 ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/johtava-kryptopalveluntarjoaja-coinmotion-laajentaa-toimintaansa-ruotsiin-nimitti-ruotsalaisen-maajohtajan.html)
- **Sells to:** Consumers · Small businesses · Enterprises
- **Serves customers in 2 countries:** Finland · Sweden

## Leadership

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-sources)

- **Chief executive:** Antti-Jussi Suominen Chief Executive Officer Confirmed 29 Sep 2026 · [coinmotion.com ↗](https://coinmotion.com/about-us)
- **Chair:** Hannes Helenius Chairman of the Board Confirmed 29 Sep 2026 · [epressi.com ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/sijoitus-ja-fintech-alan-vaikuttaja-hannes-helenius-coinmotion-oyn-hallituksen-puheenjohtajaksi.html)

## Recent events 1 enforcement or investigation item

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinmotion-oy-5bf8966239de#overview-sources)

1.  Aug 2026

    Leadership

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

    [epressi.com ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/sijoitus-ja-fintech-alan-vaikuttaja-hannes-helenius-coinmotion-oyn-hallituksen-puheenjohtajaksi.html)

2.  Jun 2026

    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 ↗](https://coinmotion.com/fi/tiedote-coinmotionin-korkopalveluasiakkaille/)

3.  Aug 2025

    Other

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

    [epressi.com ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/johtava-kryptopalveluntarjoaja-coinmotion-laajentaa-toimintaansa-ruotsiin-nimitti-ruotsalaisen-maajohtajan.html)

4.  Jul 2025

    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 ↗](https://www.epressi.com/tiedotteet/pankit-ja-rahoitus/coinmotion-sai-eun-mica-asetuksen-mukaisen-toimiluvan-kryptosijoittaminen-hyva-sijoituskohde-yha-useammalle.html)

5.  Sep 2023

    Leadership

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

    [coinmotion.com ↗](https://coinmotion.com/coinmotion-welcomes-new-ceo-antti-jussi-suominen/)

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
- **LEI:** [743700PZG5RRF7SA4Q58 ↗](https://search.gleif.org/#/record/743700PZG5RRF7SA4Q58)
- **How the LEI was matched:** Published by the register
- **Elucidate firm ID:** 5bf8966239de

## Profile

- **Type:** Payments & e-money · Crypto
- **Regulation:** Prudential licence
- **Main licence class:** Crypto-Asset Service Provider
- **Activities:** - Payment services - Card acquiring - Crypto-assets
- **Licensed in:** [Finland](https://elucidate.co/directory/country/fi) · Europe & Central Asia
- **First registered:** 2019-07-04
- **Website:** [coinmotion.com ↗](https://coinmotion.com/)

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](https://elucidate.co/directory/bittimaatti-oy-37c4b75b06c0).

[See the Coinmotion Oy group →](https://elucidate.co/directory/group/743700PZG5RRF7SA4Q58)

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

```xml
<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.

## Related institutions

### Other payments & e-money institutions in Finland

-   [Kvarn Capital Oy · trading as Kvarn X No BIC Payments & e-money Crypto Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 32888032 (EBA-PSD2) · also on ESMA-CASP · LEI 9845009F15A5B9FD7F45](https://elucidate.co/directory/kvarn-capital-oy-e13c73028784)
-   [Visma Payments Oy No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 24865594 (EBA-PSD2) · LEI 743700XYF5NFRU352D44](https://elucidate.co/directory/visma-payments-oy-c8cc0cfca407)
-   [Wolt License Services Oy No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 31720705 (EBA-PSD2) · LEI 743700SOJA4DGZUEIQ23](https://elucidate.co/directory/wolt-license-services-oy-987e8375baa0)
-   [Zevoy Aktiebolag No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 31477514 (EBA-PSD2) · LEI 743700HWAF38LYZ9MW17](https://elucidate.co/directory/zevoy-aktiebolag-e83e7d5bcab8)
-   [Book Salon Oy No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 27861214 (EBA-PSD2) · LEI 7437000YHXKXTUD8EK71](https://elucidate.co/directory/book-salon-oy-85f844161807)
-   [Enfuce License Services Oy No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 29925023 (EBA-PSD2) · LEI 743700WRC8QM4A5D3G23](https://elucidate.co/directory/enfuce-license-services-oy-079ae8b4029a)
-   [Epassi Clearing Oy No BIC Payments & e-money Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 28722419 (EBA-PSD2) · LEI 8945003XY9F2SG7R7A09](https://elucidate.co/directory/epassi-clearing-oy-74db98d23767)
-   [NorthCrypto Oy · trading as NorthCrypto No BIC Payments & e-money Crypto Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 29182549 (EBA-PSD2) · also on ESMA-CASP · LEI 743700CHRVVP342JOA67](https://elucidate.co/directory/northcrypto-oy-d1e52b3d083e)

[See all →](https://elucidate.co/directory/search?type=payments&cc=FI) [Other entries on EBA-PSD2 →](https://elucidate.co/directory/register/eba-psd2)

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 →](https://elucidate.co/directory/methodology)

Registers for this page

-   **EBA PSD2 Register**—European Banking Authority (EBA) · [source ↗](https://euclid.eba.europa.eu/register/pir/search) as at 25 September 2026
-   **ESMA interim MiCA register of crypto-asset service providers**—European Securities and Markets Authority (ESMA) · [source ↗](https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica) 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.

## Assess the financial crime risk behind a licence

A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions.

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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.