BOOK A MEETING

Sweden

Who we are

Sweden at a glance

Sweden is a country located in Northern Europe and is widely known for its high-quality living standards and progressive social policies. It is divided into 21 counties and 290 municipalities. The total population of Sweden is approximately 10.4 million people. Stockholm is the capital city.

Know more
white and brown concrete building near body of water during daytime

Banking

The banking sector in Sweden is well-developed and regulated by the Swedish Financial Supervisory Authority (SFSA). There are approximately 158 financial institutions operating in the country, with some of the largest being Swedbank, SEB, Nordea and Danske Bank. The central bank of Sweden is called Sveriges Riksbank.
Website: www.riksbank.se.
Address: Brunkebergstorg 11, SE-103 37 Stockholm, Sweden.
Phone: +46 8 787 00 00

Peer-to-Peer Lending Regulations

The financial regulator responsible for authorizing P2P lending platforms is called Finansinspektionen.
Website: www.fi.se.
Adress: Brunnsgatan 3, Box 7821, 103 97 Stockholm, Sweden.

Financial Regulators

The primary financial regulator is the Swedish Financial Supervisory Authority (SFSA).
Website: https://www.fi.se/en/.
Address:Box 7821, SE-103 97 Stockholm, Sweden
Phone: +46 8 408 980 00

Small Claims Procedure

Small claims cases are handled by the Swedish Enforcement Authority (Kronofogden). The procedure for small claims varies depending on the nature and value of the claim, but typically involves filing a claim with the Enforcement Authority and attending a hearing. More information about the process is found on the Enforcement Authority’s website at www.kronofogden.se.

Competitor Information:

In Sweden, there are three major competitors actively issuing credit in Consumer Lending and they are Savelend, Lendify and Brocc.