Finland · Payments & e-money
Paytrail Oyj
Paytrail Oyj is a Finnish public limited company based in Jyväskylä. The Finnish Financial Supervisory Authority (FIN-FSA) has licensed it as a payment institution. The firm belongs to the Nexi/Nets Group, and its direct parent is Nets Denmark A/S. It sells online payment collection to merchants, digital services and public-sector bodies in Finland, covering bank payments, cards, mobile wallets and buy now, pay later methods. It also handles payment traffic for the State Treasury's Suomi.fi ePayment service. In 2021 it bought Checkout Finland from OP Financial Group.
Licences and registrations
Held by Paytrail Oyj (LEI 7437003D9H4OC3YGZU05). 2 entries on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterFinnish Financial Supervisory Authority | Payment institutionPayment Institution | 21228397 | Finland | Active | 2011-09-05 | — |
|
Search the register ↗ |
| EBA PSD2 RegisterFinnish Financial Supervisory Authority | Account information service providerAccount Information Service Provider | 21228397 | Finland | Active | 2019-08-26 | — |
|
Search the register ↗ |
- 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
Ownership
Group subsidiary
Nets Denmark A/S
Firm type
Merchant acquiring and processing
Trades as Paytrail
- Ownership
- Nexi S.p.A. owns the firm through Nets Denmark A/S, according to the parent relationships the firm reports to GLEIF.
- Direct parent
- Nets Denmark A/S, Denmark
- Ultimate owner
- Nexi S.p.A., Italy
- Head office
- Innova 2, Lutakonaukio 7, 40100 Jyväskylä, Finland
- Company register
- Finnish Trade Register (PRH/YTJ) business ID 2122839-7
- Incorporated
- 2007
- Founders
- Lennu Keinänen · Niko Lehtonen
- Former name
- Suomen Verkkomaksut Oy
Online
- Websites & references
- paytrail.com ↗
support.paytrail.com ↗ help centre
docs.paytrail.com ↗ developer documentation
status.paytrail.com ↗ status page - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 9 pages consulted
- paytrail.com/en/
- paytrail.com/en/consumer/information-about-paying
- paytrail.com/en/terms-conditions
- paytrail.com/en/management-team
- paytrail.com/en/our-story
- paytrail.com/en/media
- paytrail.com/en/news/klarna-joins-finlands-most-widely-used-payment-service
- ksml.fi/paikalliset/9747261
- paytrail.com/kauppiaspaneeli/uutiset/author/paytrail
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Finnish Financial Supervisory Authority (FIN-FSA) has licensed the firm as a payment institution, and it is registered for card acquiring, payment initiation and account information services. Its card and mobile card payments are subject to the Nets acquiring terms and the card schemes' rules.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Payment institution (payment services, card acquiring, payment initiation, account information) | 21228397 | In its own name | Active | paytrail.com ↗ |
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Account information service provider | 21228397 | In its own name | Active | — |
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
- Not disclosedThe firm describes itself as a collecting payment service provider that passes consumers' payments on to merchants. The pages reviewed do not say how it safeguards funds in transit.
- Acquirer / processor
- Nets (Nexi Group)
- Payment schemes and card networks
- Visa Through a partner paytrail.com ↗
Mastercard Through a partner paytrail.com ↗
American Express Through a partner paytrail.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
Under one agreement, merchants get Finnish online bank payments, Visa, Mastercard and American Express cards, MobilePay, Siirto, Apple Pay and Google Pay. Buy now, pay later is provided by OP, Walley and Klarna. Merchants can also use split payouts for marketplaces, card tokenisation and payment terminals under the Omnichannel offer.
The firm serves merchants in Finland. It states that nearly all of its merchants are based there.
- Revenue
- EUR 46.7m
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces · Public sector
- Serves customers in
- Finland
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Joni Rautanen CEO
- Chief financial officer
- Niina Sipinen Finance Director
- Compliance / MLRO
- Kari Melender Compliance Officer
- Executive
- Jarkko Laaksonen Chief Technology Officer
- Executive
- Johannes Kumpukoski Sales Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Joni Rautanen, previously chief operating officer, succeeded Markus Laurio as CEO from 1 August 2026. Laurio had led the firm for almost 14 years.
ksml.fi ↗ -
Other
The firm announced a partnership making Klarna's payment methods available to its merchants.
paytrail.com ↗ -
Other
The firm launched Paytrail Omnichannel, which combines online payments and payment terminals.
paytrail.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
- 21228397
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 0536cace6618
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.
- Main licence class
- Payment Institution
- Activities
- Payment services
- Card acquiring
- Payment initiation
- Account information
- Licensed in
- Finland · Europe & Central Asia
- First registered
- 2011-09-05
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
- Direct parent
- Nets Denmark A/S · Denmark254900BRZQKTDEMO5239 ↗
- Ultimate parent
- Nexi SPA · Italy5493000P70CQRQG8SN85 ↗
The Nexi SPA group has 9 institutions in the directory, in 6 countries: 2 hold a BIC and 7 do not.
Including NETS Denmark A/S, Nexi Croatia d.o.o., Nexi Germany GmbH, Nexi Payments S.P.A., Paypro S.A..
See the Nexi SPA group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Innova 2, 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 one address line
<FinInstnId>
<LEI>7437003D9H4OC3YGZU05</LEI>
<Nm>Paytrail Oyj</Nm>
<PstlAdr>
<PstCd>40100</PstCd>
<TwnNm>JYVÄSKYLÄ</TwnNm>
<Ctry>FI</Ctry>
<AdrLine>Innova 2</AdrLine>
</PstlAdr>
</FinInstnId>- 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 →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · 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.
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) is an independent score of the financial crime risk of banks and payment institutions.
Book a demo