Denmark · Payments & e-money
ZTLment ApS
ZTLment ApS is a Danish private limited company (anpartsselskab) based in Copenhagen that trades as ComplyPay. The Danish Financial Supervisory Authority (Finanstilsynet) authorises it as a payment institution, and the EBA register has listed this licence since 27 September 2022. Its Legal Entity Identifier (LEI) record names Complypay Group ApS as its direct parent. It offers platforms and marketplaces an API for multi-currency wallets, split payments and conditional escrow-like payouts, built on distributed ledger technology.
Licences and registrations
Held by ZTLment ApS (LEI 636700HGS0U217U77E22). 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 RegisterDanish Financial Supervisory Authority | Payment institutionPayment Institution | 41801298 | Denmark | Active | 2022-09-27 | — |
|
Search the register ↗ |
| EBA PSD2 RegisterDanish Financial Supervisory Authority | Exempted payment institutionPayment Institution | 41801298 | Denmark | Withdrawn | 2021-09-02 | Ended 2021-09-03 |
|
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
Customers
Not published
Employees
Not published
Ownership
Venture-backed
Complypay Group ApS
Firm type
Payment infrastructure
Trades as ComplyPay
- Ownership
- Complypay Group ApS is the direct and ultimate parent according to the firm's LEI record, and the firm is backed by venture investors including PreSeed Ventures, Upfin and Giant Ventures.
- Direct parent
- Complypay Group ApS ↗, Denmark
- Head office
- Linnésgade 20A, 2.sal, 1361 Copenhagen, Denmark
- Company register
- CVR 41801298
- Founders
- Mads Stolberg-Mathieu · Harry Kearney · Jason Spasovski
Online
- Websites & references
- complypay.com ↗
docs.complypay.com ↗ developer documentation
app.complypay.com ↗ customer application login
sandbox.complypay.com ↗ sandbox environment
ztlment.com ↗ former brand domain - Official social accounts
- LinkedIn ↗ · X ↗ · YouTube ↗
Sources · 12 pages consulted
- complypay.com/legaldoc
- complypay.com/about
- complypay.com/features
- complypay.com/
- complypay.com/blog/compliant-wallet-infrastructure-for-platforms
- nordlei.org/lei/636700HGS0U217U77E22/ztlment-aps
- uzraudziba.bank.lv/en/market/payment-service-providers/payment-institutions/service-providers-from-the-eea/f
- fi.ee/en/payment-services/payment-institutions/payment-services/providers-cross-border-payment-
- finanstilsynet.dk/nyheder-og-presse/nyheder-og-pressemeddelelser/2022/jan/blockchaindefi_270122
- bankingcircle.com/insights/complypay-transforms-global-payouts/
- samarlaw.dk/en/news/ztlment-sikrer-tilladelse-som-betalingsinstitut-pi-licens
- paybyrd.com/marketplaces
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Danish Financial Supervisory Authority (Finanstilsynet) authorises the firm as a payment institution under the Danish Payments Act. The EBA register lists payment services and card acquiring. Latvijas Banka and the Estonian Financial Supervision Authority list it as providing cross-border services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Danish Financial Supervisory Authority (Finanstilsynet) Denmark | Payment institution (EBA register number 41801298; activities: payment services, card acquiring) | 22043 | In its own name | Active | virksomhedsregister.finanstilsynet.dk ↗ |
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 accountsAccording to its terms of service, funds from acquiring transactions or top-ups are kept apart from the firm's operational funds in a safeguarded account at a third-party bank.
- Settlement bank
- Banking Circle Luxembourg
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
It provides platforms and marketplaces with an API for multi-currency wallets, split payments and payouts triggered by data events, and it describes the product as an escrow-like API.
It serves customers from Denmark and provides services in other EEA states under its Danish licence, including Latvia and Estonia according to their regulators' lists.
- Sells to
- Platforms and marketplaces · Small businesses · Enterprises
- Serves customers in 3 countries
- Denmark · Latvia · Estonia
- Latest funding round
- pre-seed May 2024Led by PSVTech01 (PreSeed Ventures)
- Total raised
- EUR 2.4m to May 2024 · complypay.com ↗
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Stefan Krumbæk CEO
- Founder
- Mads Stolberg-Mathieu Managing Director
- Compliance / MLRO
- Ingolfur Thorsson Head of Compliance
- Founder
- Jason Spasovski CTO
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Banking Circle published a case study stating that its virtual IBANs support ComplyPay's multi-currency wallets, starting with EUR and DKK.
bankingcircle.com ↗ -
Funding
The firm announced EUR 2.4 million in total pre-seed funding from PreSeed Ventures, Upfin, Giant Ventures and business angels.
complypay.com ↗ -
Licence
Latvijas Banka listed the firm as providing payment services in Latvia under the EEA freedom to provide services from 30 September 2023.
uzraudziba.bank.lv ↗
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
- 41801298
- 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
- b2dc5917d403
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
- Licensed in
- Denmark · Europe & Central Asia
- First registered
- 2021-09-02
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
- Complypay Group ApS · Denmark636700PIPM7X5BRM2Z53 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Linnésgade 20, 2, Copenhagen K, 1361
- Country
- Denmark
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>636700HGS0U217U77E22</LEI>
<Nm>ZTLment ApS</Nm>
<PstlAdr>
<PstCd>1361</PstCd>
<TwnNm>Copenhagen K</TwnNm>
<Ctry>DK</Ctry>
<AdrLine>Linnésgade 20, 2</AdrLine>
</PstlAdr>
</FinInstnId>- CBPR+ does not accept the character é 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.
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