--- title: "Paytrail Oyj · Payment institution (Finnish Financial Supervisory Authority) · Finland | Elucidate" description: "Paytrail Oyj is authorised by Finnish Financial Supervisory Authority as a payment institution in Finland. Licence 21228397. LEI 7437003D9H4OC3YGZU05. Register status, licences, activities and ownership." url: https://elucidate.co/directory/paytrail-oyj-0536cace6618 --- 1. [Directory](https://elucidate.co/directory) 2. [Finland](https://elucidate.co/directory/country/fi) 3. Paytrail Oyj 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. Register status Licensed in Finland Payment institution · Finnish Financial Supervisory Authority Prudential licence [2 licences and registrations ↓](https://elucidate.co/directory/paytrail-oyj-0536cace6618#licences) BIC **No BIC** LEI **[7437003D9H4OC3YGZU05](https://search.gleif.org/#/record/7437003D9H4OC3YGZU05)** [Licence no. **21228397**](https://elucidate.co/directory/paytrail-oyj-0536cace6618#licences) [Group: Nexi SPA](https://elucidate.co/directory/group/5493000P70CQRQG8SN85) ## 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 Register](https://elucidate.co/directory/register/eba-psd2) Finnish Financial Supervisory Authority | Payment institutionPayment Institution | 21228397 | [Finland](https://elucidate.co/directory/country/fi) | Active | 2011-09-05 | — | - Payment services - Card acquiring - Payment initiation - Account information | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | | [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Finnish Financial Supervisory Authority | Account information service providerAccount Information Service Provider | 21228397 | [Finland](https://elucidate.co/directory/country/fi) | Active | 2019-08-26 | — | - Account information | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | - 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/paytrail-oyj-0536cace6618#overview-sources) Customers 20,000 merchants · This entity · 18 Feb 2026 · [company statement ↗](https://www.paytrail.com/en/news/klarna-joins-finlands-most-widely-used-payment-service) Employees 75 headcount · Group · 29 Sep 2026 · [company statement ↗](https://www.paytrail.com/en/our-story) 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](https://elucidate.co/directory/nets-denmark-a-s-583a19667482), 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 ↗](https://www.paytrail.com/) [support.paytrail.com ↗](https://support.paytrail.com/hc/en-us) help centre [docs.paytrail.com ↗](https://docs.paytrail.com/#/) developer documentation [status.paytrail.com ↗](https://status.paytrail.com/) status page - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/paytrail-oyj/) · [Facebook ↗](https://www.facebook.com/paytrail) · [Instagram ↗](https://www.instagram.com/paytrail/) Sources · 9 pages consulted 1. [paytrail.com/en/](https://www.paytrail.com/en/) 2. [paytrail.com/en/consumer/information-about-paying](https://www.paytrail.com/en/consumer/information-about-paying) 3. [paytrail.com/en/terms-conditions](https://www.paytrail.com/en/terms-conditions) 4. [paytrail.com/en/management-team](https://www.paytrail.com/en/management-team) 5. [paytrail.com/en/our-story](https://www.paytrail.com/en/our-story) 6. [paytrail.com/en/media](https://www.paytrail.com/en/media) 7. [paytrail.com/en/news/klarna-joins-finlands-most-widely-used-payment-service](https://www.paytrail.com/en/news/klarna-joins-finlands-most-widely-used-payment-service) 8. [ksml.fi/paikalliset/9747261](https://www.ksml.fi/paikalliset/9747261) 9. [paytrail.com/kauppiaspaneeli/uutiset/author/paytrail](https://www.paytrail.com/kauppiaspaneeli/uutiset/author/paytrail) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/paytrail-oyj-0536cace6618#overview-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 ↗](https://www.paytrail.com/en/consumer/information-about-paying) | | 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](https://elucidate.co/directory/paytrail-oyj-0536cace6618#overview-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. [paytrail.com ↗](https://www.paytrail.com/en/consumer/information-about-paying) - **Acquirer / processor:** Nets (Nexi Group) [paytrail.com ↗](https://www.paytrail.com/en/terms-conditions) - **Payment schemes and card networks:** Visa Through a partner [paytrail.com ↗](https://www.paytrail.com/en/terms-conditions) Mastercard Through a partner [paytrail.com ↗](https://www.paytrail.com/en/terms-conditions) American Express Through a partner [paytrail.com ↗](https://www.paytrail.com/en/terms-conditions) 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/paytrail-oyj-0536cace6618#overview-sources) - Payment gateway - Merchant acquiring - Payment initiation (open banking) - Payouts and mass payments - Account information (open banking) - Buy now, pay later - Lending 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 46.7mGroup · 31 Dec 2024 · [company statement ↗](https://www.paytrail.com/en/our-story) - **Sells to:** Small businesses · Enterprises · Platforms and marketplaces · Public sector - **Serves customers in:** Finland ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/paytrail-oyj-0536cace6618#overview-sources) - **Chief executive:** Joni Rautanen CEO Confirmed 29 Sep 2026 · [paytrail.com ↗](https://www.paytrail.com/en/management-team) - **Chief financial officer:** Niina Sipinen Finance Director Confirmed 29 Sep 2026 · [paytrail.com ↗](https://www.paytrail.com/en/management-team) - **Compliance / MLRO:** Kari Melender Compliance Officer Confirmed 29 Sep 2026 · [paytrail.com ↗](https://www.paytrail.com/en/management-team) - **Executive:** Jarkko Laaksonen Chief Technology Officer Confirmed 29 Sep 2026 · [paytrail.com ↗](https://www.paytrail.com/en/management-team) - **Executive:** Johannes Kumpukoski Sales Director Confirmed 29 Sep 2026 · [paytrail.com ↗](https://www.paytrail.com/en/management-team) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/paytrail-oyj-0536cace6618#overview-sources) 1. Aug 2026 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 ↗](https://www.ksml.fi/paikalliset/9747261) 2. Feb 2026 Other The firm announced a partnership making Klarna's payment methods available to its merchants. [paytrail.com ↗](https://www.paytrail.com/en/news/klarna-joins-finlands-most-widely-used-payment-service) 3. Nov 2025 Other The firm launched Paytrail Omnichannel, which combines online payments and payment terminals. [paytrail.com ↗](https://www.paytrail.com/kauppiaspaneeli/uutiset/author/paytrail) 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 - **LEI:** [7437003D9H4OC3YGZU05 ↗](https://search.gleif.org/#/record/7437003D9H4OC3YGZU05) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** 0536cace6618 ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Payment services - Card acquiring - Payment initiation - Account information - **Licensed in:** [Finland](https://elucidate.co/directory/country/fi) · 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](https://elucidate.co/directory/nets-denmark-a-s-583a19667482) · Denmark[254900BRZQKTDEMO5239 ↗](https://search.gleif.org/#/record/254900BRZQKTDEMO5239) - **Ultimate parent:** [Nexi SPA](https://elucidate.co/directory/nexi-s-p-a-nexiitm1) · Italy[5493000P70CQRQG8SN85 ↗](https://search.gleif.org/#/record/5493000P70CQRQG8SN85) 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](https://elucidate.co/directory/nets-denmark-a-s-583a19667482), [Nexi Croatia d.o.o.](https://elucidate.co/directory/nexi-croatia-d-o-o-d74e8c6d24d3), [Nexi Germany GmbH](https://elucidate.co/directory/nexi-germany-gmbh-3e677f003d0a), [Nexi Payments S.P.A.](https://elucidate.co/directory/nexi-payments-s-p-a-nepyitm1), [Paypro S.A.](https://elucidate.co/directory/paypro-s-a-a468cf68fb4a). [See the Nexi SPA group →](https://elucidate.co/directory/group/5493000P70CQRQG8SN85) 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 ```xml 7437003D9H4OC3YGZU05 Paytrail Oyj 40100 JYVÄSKYLÄ FI Innova 2 ``` - 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 ### Same group - [NETS Denmark A/S No BIC Payments & e-money Prudential licence Denmark · Licensed by Danish Financial Supervisory Authority · 20016175 (EBA-PSD2) · LEI 254900BRZQKTDEMO5239](https://elucidate.co/directory/nets-denmark-a-s-583a19667482) - [Nexi Croatia d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP415 (EBA-PSD2) · LEI 549300KASZN8C573DH87](https://elucidate.co/directory/nexi-croatia-d-o-o-d74e8c6d24d3) - [Nexi Germany GmbH No BIC Payments & e-money Prudential licence Germany · Licensed by Federal Financial Supervisory Authority · 122964 (EBA-PSD2) · LEI 391200IRR1BA8QTKZA40](https://elucidate.co/directory/nexi-germany-gmbh-3e677f003d0a) - [Nexi Payments S.P.A. BIC NEPYITM1 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 04107060966 (EBA-PSD2) · LEI 815600DCF6BC04F21767](https://elucidate.co/directory/nexi-payments-s-p-a-nepyitm1) - [Paypro S.A. No BIC Payments & e-money Prudential licence Poland · Licensed by Polish Financial Supervision Authority · 7792369887 (EBA-PSD2) · LEI 2594003WN57JYPFYEG58](https://elucidate.co/directory/paypro-s-a-a468cf68fb4a) - [Polskie ePłatności spółka z ograniczoną odpowiedzialnością (d. PayLane Sp. z o.o.) No BIC Payments & e-money Prudential licence Poland · Licensed by Polish Financial Supervision Authority · 5862141089 (EBA-PSD2) · LEI 259400XUH7UJTU9IUT49](https://elucidate.co/directory/polskie-ep-atnosci-spo-ka-z-ograniczona-odpowiedzialnoscia-d-paylane-sp-z-o-o-2e076915739e) - [Ratepay GmbH No BIC Payments & e-money Prudential licence Germany · Licensed by Federal Financial Supervisory Authority · 136305 (EBA-PSD2) · LEI 391200BLKAV4L1WNUI77](https://elucidate.co/directory/ratepay-gmbh-05d9d495aa53) - [Nexi S.P.A. BIC NEXIITM1 Financial institution Not on a tracked register Italy · Not on a tracked register · LEI 5493000P70CQRQG8SN85](https://elucidate.co/directory/nexi-s-p-a-nexiitm1) [All 9 institutions in the Nexi SPA group →](https://elucidate.co/directory/group/5493000P70CQRQG8SN85) ### 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) - [Coinmotion Oy · trading as Coinmotion No BIC Payments & e-money Crypto Prudential licence Finland · Licensed by Finnish Financial Supervisory Authority · 24696831 (EBA-PSD2) · also on ESMA-CASP · LEI 743700PZG5RRF7SA4Q58](https://elucidate.co/directory/coinmotion-oy-5bf8966239de) - [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) [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) Register for this page - **EBA PSD2 Register**—European Banking Authority (EBA) · [source ↗](https://euclid.eba.europa.eu/register/pir/search) 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. [Book a demo](https://elucidate.co/demo-request) 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.