Mannheimer Swartling continues to draw on its broad expertise in related practice areas to offer a comprehensive service to major clients in the fintech sector covering regulatory issues as well as transactions and disputes, among other areas. IT and tech law expert Anders Bergsten regularly handles major projects in the banking and finance sector, while financial regulations specialist Carl Johan Zimdahl has considerable experience advising fintech clients on license applications to become electronic money institutions, and Thomas Pettersson’s broad banking and finance expertise sees him handle regulatory issues in the fintech space. The three jointly lead the firm’s fintech offering. At the senior associate level, Oscar Gerdhem’s financial services experience spans payments and financial market infrastructure, while Carolina Flagge focuses on regulatory advice concerning payment services and electronic money.
Fintech in Sweden
Mannheimer Swartling
Praxisleiter:
Anders Bergsten; Carl Johan Zimdahl; Thomas Pettersson
Weitere Kernanwälte:
Oscar Gerdhem; Carolina Flagge
Referenzen
‘A very knowledgeable team with deep and broad experience that puts effort into understanding the business of the client.’
‘Carl Johan Zimdahl excels as a client-centric adviser in the fintech sector, showing a genuine interest in understanding his clients’ businesses. His broad knowledge is invaluable, ensuring that the entire picture is covered when navigating complex regulatory environments. This comprehensive approach makes him an indispensable partner for fintech-related matters.’
‘Carolina Flagge deserves mentioning. She is always available and has good business focus. Flagge’s background within the banking, tech and start-up scenes shines through in her work. She understands the rather complex balancing between business focus and risk mitigation within the fintech sector.’
Kernmandanten
Juni Technology AB
Klarna Bank
Loomis Digital Solutions AB
Nasdaq
Nordea
Söderberg & Partners
Highlight-Mandate
- Successfully represented Klarna Bank in the first ever appeal of the SFSA’s decision on applicable Pillar 2 Guidance.
- Advised a large Nordic bank on a major migration, implementation and outsourcing project aiming to replace the bank’s entire back-end IT environment, which is used to serve over seven million end-customers across multiple jurisdiction.
- Advised the Swedish wealth manager Söderberg & Partners when it secured an additional SEK3bn through a commitment from existing minority shareholders KKR and TA Associates to participate in an issue of shares by the company.
Setterwalls
With experience advising on tech, regulatory, data privacy, cybersecurity, and payment infrastructure matters, and a client base that includes The Central Bank of Sweden as well as global scale-ups, Setterwalls continues to operate at the forefront of the fintech space in Sweden. Practice head Joacim Johannesson advises prominent investors, entrepreneurs, start-ups, and venture capital funds on both day-to-day and transactional issues. Tobias Björklund, a former director at the Swedish FSA, focuses on regulatory matters, while tech and IP law specialist Niklas Follin assists both major companies and scale-ups with a wide range of matters, including in connection with fintech-platform infrastructure.
Praxisleiter:
Joacim Johannesson
Weitere Kernanwälte:
Niklas Follin; Tobias Björklund; Hanna Salajin; Emily Svedberg-Possfelt; Mathilda Ström; Johan Hallén
Referenzen
‘Setterwalls stands out in the legal landscape due to its strong partner participation throughout the entire engagement process. Setterwalls ensures that their partners remain hands on until the final delivery. This approach guarantees a high-quality, consistent service and fosters a deeper understanding of the client’s needs and objectives.’
‘Joacim Johannesson is highly professional with long experience in banking and fintech. He has been a great support in the work we do. I have appreciated his deep knowledge, his flexibility and how he makes complex issues clear.’
‘Johan Hallén stands out for his logical and clear approach. Emily Svedberg-Poosfeldt has deep knowledge in regulatory frameworks that affect banking & fintech business.’
Kernmandanten
Agency for Digital Government (DIGG)
Bokio
Crowdcube Sverige AB
The Central Bank of Sweden
FNZ Group and (European Bank for Financial Services GmbH (eBase)
MUBADALA Capital
Moank Fintech Group
Thought Machine
Ziklo Bank AB (formerly Volvofinans Bank AB)
Highlight-Mandate
- Advising The Central Bank of Sweden on high-profile payment infrastructure projects of various kinds, notably advising on legal and regulatory issues relating to the bank’s T2 and T2S service platforms.
- Advising the fintech scale up/unicorn Thought Machine on the strategic multijurisdictional platform outsourcing project with one of the major leading banks of Sweden (SEB).
- Acting for Ziklo Bank AB, a Swedish bank owned by Volvo that specialised in mobility, on various matters, including the implementation of DORA.
Advokatfirman Vinge
Advokatfirman Vinge’s leading fintech group advises startups and scale-ups as well as domestic and international enterprises in the banking, insurance, refinancing, and online payment solutions sectors on a broad spectrum of corporate, transactional, regulatory, and contentious matters. Practice head Emma Stuart-Beck has considerable experience advising banks, credit market companies, and payment institutions on investments in fintech companies as well as regulatory matters, including the authorisation process for scale-ups. Eva Fredrikson’s broad TMT practice sees her advise banks and financial infrastructure companies on IT procurement and outsourcing mandates. IT and data protection expert Nicklas Thorgerzon plays a key role in the team, and Caroline Krassén focuses on bank regulations, consumer financing, and payment services, while Henrik Schön is noted for his experience in regulatory matters.
Praxisleiter:
Emma Stuart-Beck
Weitere Kernanwälte:
Eva Fredrikson; Nicklas Thorgerzon; Caroline Krassén; Henrik Schön
Referenzen
‘The team excels at delivering tailored, high-quality solutions.’
‘Emma Stuart-Beck has a thoughtful and very strategic approach. She excels as a sounding board for innovative ideas and solutions, proving easy to reach for both quick questions and in-depth discussions. In negotiations with counterparts and the Swedish Financial Supervisory Authority, she consistently makes a constructive impression with her clear and effective communication and pragmatic approach.’
‘Caroline Krassén has a wealth of experience in the law and regulation that applies to banks and other financial institutions. Caroline, being a well-respected counsel at Vinge, regularly works with colleagues in other sectors within the financial services sphere and has a great understanding for the value that a cross-practice team adds in complex matters from major projects to contentious regulatory matters and transactions.’
Kernmandanten
SEB Kort Bank AB
Apple
Klarna Bank AB
Houlihan Lokey
FNZ Bank AG
Playtech
VISA
Jyske Finans A/S
Ikano Bank AB
Anyfin
Highlight-Mandate
- Advising Ikano Bank on the purchase of a SEK4bn consumer credit portfolio from Nordnet Bank AB, a Swedish online bank. The transaction involves migrating and integrating a significant portion of IT and data solutions for AML controls into the client’s system.
- Advising financial services company FNZ Bank AG and ebase in connection with the implementation of an entirely new savings platform at Swedbank, one of Sweden’s largest banks.
- Advised SEB Kort Bank, a corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, on its acquisition of all shares in the German regulated payment service provider Lufthansa AirPlus Servicekarten GmbH.
Advokatfirman Delphi
Advokatfirman Delphi’s fintech team continues to work closely with the firm’s TMT and venture capital practices to advise clients in the fintech space, particularly startups at various stages of growth, on commercial, transactional, and regulatory matters. Recent highlights for the group include advising domestic distribution blockchain company Srcful on regulations pertaining to the issue and use of a token to be used in its solar energy resale marketplace. John Neway Herrman, who was promoted to partner in January 2025, leads the team alongside Agne Lindberg. Senior associate Erik Ålander stands out for his experience in cases involving blockchain technology.
Praxisleiter:
John Neway Herrman; Agne Lindberg
Weitere Kernanwälte:
Erik Ålander
Referenzen
‘Erik Ålander and John Neway Herrman combine excellent legal expertise and strong business sense. They have helped me make many sound judgments that are not strictly legal related and are a great presence and support in direct client negotiations. They are also very sociable and easy to work with.’
Kernmandanten
Payerbee AB
Srcful AB
Highlight-Mandate
- Assisted Payerbee AB with the drafting and negotiation of a services agreement with a listed payment service provider which conducts business globally.
- Assisted Scrful AB in assessing the characterisation of its token and its tocenomics in light of the MiCA regulation as well as MiFID II and Swedish national legislation and with creating the agreement structure and individual agreements necessary to operate its business.
Gernandt & Danielsson Advokatbyrå
Gernandt & Danielsson Advokatbyrå’s fintech expertise encompasses a broad range of transactional and regulatory matters. Highly respected financial regulatory specialist Niclas Rockborn regularly advises fintech clients on regulatory matters and is noted particularly for his leadership in the field of virtual currency. He heads up the team alongside Carl Westerberg, who advises on acquisitions, takeovers, joint ventures, and other corporate deals involving fintech companies. Corinne Ekman is noted for advising clients operating in the fintech space on transactions involving regulated financial services components.
Praxisleiter:
Niclas Rockborn; Carl Westerberg
Weitere Kernanwälte:
Corinne Ekman; Rikard Sundstedt
Referenzen
‘The G&D team is a very well established fintech/finreg team in the Swedish market. We always reach out to their team with any fintech related questions. We were impressed by their knowledge, responsiveness and ability to find practical solutions for complex and abstract problems.’
‘Niclas Rockborn has extensive knowledge and has worked in the field for a long time. He is very dedicated and highly skilled.’
‘Niclas Rockborn and Rikard Sundstedt are both excellent lawyers. Compared to competitors their advice is extremely solid and covers every important aspect of matters. Rikard is bliss to work with; he is very communicative and is on top of regulatory developments. Niclas is equally knowledgeable and is always available for urgent questions. I would most definitely recommend both gentlemen!’
Kernmandanten
Carnegie Investment Bank
Cint Group AB
EasyPark AB
Fingerprint Cards AB (publ)
Forex AB
MoneyGo AB
Neqst
Nordic Capital (payments team)
Nordnet
Nordiska Kreditmarknadsaktiebolaget (publ)
Söderberg & Partners
Svea Bank AB
Swedbank AB (publ)
TF Bank AB (publ)
The Shareholders of Sambla AB
Trustly Group AB
Youple AB
Milkywire AB
SIBA Invest AB
Highlight-Mandate
- Advising Neqst 2023 AB (Nesqt) in connection with Neqst, together with other sellers, divesting all shares in Digital Route AB to GRO Capital.
- Successfully represented Svea Bank against the Consumer Ombudsman in proceedings before the Supreme Court in a case concerning prohibition against late fees.
- Advised Nordiska Kreditmarknadsaktiebolaget in connection with its acquisition of Release Finans.
Advokatfirman Cederquist KB
Advokatfirman Cederquist KB combines considerable financial regulatory and IT law expertise to provide a broad fintech offering. Financial regulatory specialist Tobias Frödin Lilja regularly advises fintech clients on licensing requirements, information security issues, governance work, and outsourcing mandates, among other matters. He leads the team alongside Henrik Lindstrand, whose broad IT and tech practice sees him active in the fintech sector on a regular basis. Sebastian Bertheau is noted for his regulatory expertise, and Joel Aneheim is also a key contact.
Praxisleiter:
Tobias Frödin Lilja; Henrik Lindstrand
Weitere Kernanwälte:
Sebastian Bertheau; Joel Aneheim; Oscar Ponce
Referenzen
‘They are extremely knowledgeable in this area and have a very high degree of business acumen.’
‘Joel Aneheim and Henrik Lindstrand are both great to work with. Both are destined to be future heavyweights within their fields.’
‘Tobias Frödin Lilja and Oscar Ponce are very competent and easy to deal with. A strength that has meant a lot to us is that they make complicated processes easier to understand and relate to. They have been a great support throughout the process and have done a fantastic job.’
Kernmandanten
Nordic Capital
Sambla Group AB
Lumera AB
Treyd Services AB
Rivr Technologies AB
NOBA Bank
Swedish Financial Benchmark Facility
Highlight-Mandate
- Advised Nordic Capital on its acquisition of a company that provides circular IT services in more than 100 countries.
- Advised Sambla Group AB on its acquisition of the fintech company MyMoney Europe AB.
- Advising a software company dedicated to the digital transformation of the European life and pensions industry on an ongoing basis in matters relating to data protection and information security in a financial regulatory context.
Eversheds Sutherland
Eversheds Sutherland’s fintech team in Stockholm advises domestic and international clients on a broad range of matters. Philip Heilbrunn’s extensive financial services experience includes advising clients operating in the fintech space on commercial and regulatory issues as well as financing mandates. He leads the practice alongside Tord Svensson, who is noted particularly for his experience handling the tech aspects of real estate financings. Principal associate Mattias Dacker plays a key role in the team, including in crypto-related cases.
Praxisleiter:
Philip Heilbrunn; Tord Svensson
Weitere Kernanwälte:
Mattias Dacker
Referenzen
‘A full-service firm with global reach and local presence.’
Kernmandanten
American Express Global Business Travel
Akela Realkredit AB
Dentech AB
Froda AB
IATA (International Air Transport Association)
Microsoft
Odenssnus AB
SMART VALOR AG
Swedemount Sports & Fashion AB
Veoneer
Zenith Venture Capital
ZignSec AB (publ)
Highlight-Mandate
- Advising a non-European credit market company on the establishment of a neo-bank in Sweden for the purpose of providing cross-border banking business in several European jurisdictions.
- Advising Froda AB in relation to various embedded lending arrangements.
- Advising Microsoft in relation to the establishment of three hyper scale data centre facilities in Sweden.
Hammarskiöld
Hammarskiöld’s fintech practice regularly advises domestic start-ups operating in the fintech space on transactional and regulatory matters, including applications to the Swedish Financial Supervisory Authority. Firm managing partner Mattias Anjou leads the team. Other key contacts include senior associate Emma Lindwall and Johan Löfquist.
Praxisleiter:
Mattias Anjou
Weitere Kernanwälte:
Emma Lindwall; Johan Löfquist
Referenzen
‘We work mostly with Mattias Anjou and he has become a trusted adviser to both the business and the board. Mattias is straight forward, competent and great to work with. We have also received some great advice from Johan Löfquist on payment service legislation which for most law firms, to my experience, is hard to get crisp advice around. However, Johan is very specific and spot on in his advice taking all relevant circumstances in consideration.’
‘They offer great insight on regulatory matters in Sweden and have a highly useful network.’
‘They have a unique ability to solve issues and cut through with clear recommendations and solutions.’
Kernmandanten
Hypoteket Bolån Sverige AB
Froda AB (credit institution, fintech) (formerly Monetise Capital AB)
Qred Bank AB
Zimpler AB
Lea Bank
Harvest Advokatbyrå
Harvest Advokatbyrå’s fintech team advises a broad range of clients operating in the fintech sector, including start-up payment institutions, banks, credit providers, and crypto-asset service providers, on regulatory issues, with compliance matters, application procedures, and AML issues all areas of expertise. Noted particularly for his experience in regulatory compliance, Amin Bell leads the team alongside Anna Cumzelius, who stands out for her experience handling payment services, asset management, and AML matters, among others. Niklas Sinander is highly regarded for his broad financial regulatory expertise.
Praxisleiter:
Amin Bell; Anna Cumzelius
Weitere Kernanwälte:
Niklas Sinander; Björn Wendleby
Referenzen
‘Harvest has a unique position as they support financial institutions in all steps. They support in applications to the FSA (and other authorities), they provide support in writing governance documents and other regulatory processes (such as general risk assessment (AML)), they provide legal opinions and they also support in appeals. Harvest is one of the legal firms in Sweden that have this deep AML expertise.’
‘A pragmatic team with detailed knowledge.’
‘Björn Wendleby is extremely business oriented and very easy to work with. He is always available to discuss any issue and delivers to-the-point advice.’
Kernmandanten
Bankgirocentralen BGC AB
Freetrade Europa AB
Global X Digital Assets Issuer Limited
Invoier AB
Kameo ApS
Optise AB
Sigmastocks Neo AB
Sileon AB (publ)
Teknik Innovation Norden Fonder AB
TF Bank AB
Xbaht AB
Zplit Payments AB
Highlight-Mandate
- Providing ongoing legal and regulatory advice to Teknik Innovation Norden Fonder AB.
- Advising Zplit Payments AB on various regulatory matters, including its application to the Swedish Financial Supervisory Authority for an authorisation as a consumer credit institution (brokerage).
- Advising Sileon AB (publ) on regulatory assessments regarding its activities in consumer credits and payment services.
Roschier
Roschier’s fintech team advises domestic and international clients on a broad range of fintech-related issues, with an emphasis on transactional matters. Practice head Niklas Eriksson has broad experience covering regulatory, financing, and restructuring matters in the sector. Björn Johansson Heigis heads up the digital and TMT group and also plays a key role in the firm's fintech work. Finance and restructuring specialist Johan Häger is also a key contact.
Praxisleiter:
Johan Häger; Niklas Eriksson; Björn Johansson Heigis
Referenzen
‘Niklas Eriksson is always on point and able to consider and analyse a question or concern with the whole of the organisation in mind.’
‘The team is always available and understands our business, giving tailored and bespoke advice.’
Kernmandanten
Klarna
Nordstjernan
Paypal
CVC
Highlight-Mandate
- Advised CVC on the recommended cash offer for Resurs Holding.
- Advised Klarna Bank on the carve-out and divestment of Klarna Checkout.
- Advised CVC on the investment in Odevo Group.
Snellman
Snellman‘s IP and tech practice, led by Elisabeth Vestin, handles a wide range of matters in the fintech space. The team is noted particularly for its expertise in cloud procurement and digital regulatory matters, including advising on the EU’s Digital Operational Resilience Act. Anna Ribenfors is regularly instructed by insurance companies and financial institutions in relation to fintech mandates, while Caroline Sundberg offers regulatory expertise, with a client base ranging from start-ups to major banks.
Praxisleiter:
Elisabeth Vestin
Weitere Kernanwälte:
Anna Ribenfors; Caroline Sundberg
Referenzen
‘Caroline Sundberg is an authority in this field. She offers deep insights that are highly actionable and built on extensive experience of how supervisory authorities reason.’
‘The go to-team for deep knowledge of new and upcoming regulation.’
Kernmandanten
Intergiro AB
TruID AB
Enklare AB
Seeburger Group
Nordic Growth Market NGM AB
Synch Advokat AB
Synch Advokat AB’s fintech offering covers transactional matters, including M&A and financings, as well as regulatory mandates, with AML and licence applications to the Swedish Financial Supervisory Authority areas of strength for the team. Practice head Johan Ragnar leverages nearly two decades of financial regulatory experience to advise domestic and international clients operating in the fintech space, and IT specialist Jim Runsten is noted for his experience in the payment sector.
Praxisleiter:
Johan Ragnar
Weitere Kernanwälte:
Jim Runsten
Referenzen
‘A smart, flexible, and innovative team that always comes with solutions and is a very good speaking partner.’
‘Jim Runsten has a good understanding of the payments sector and provides sounds commercial advice.’
‘Johan Ragnar was especially responsive and sharp in addressing our needs.’
Kernmandanten
Anotherblock AB (the founders of)
Insurely
Orbit Alliance
Highlight-Mandate
- Assisting the Swedish insurance-tech company Insurely on its recent financing round of €8m.
- Advising Orbit Alliance with approximately 100 shareholders (former shareholders of Lendify AB) on several financing rounds of the Danish web-based bank Lunar Group.
Magnusson
Magnusson‘s notable financial regulatory expertise often sees the group advise clients operating in the fintech space, including in relation to applications to the Swedish Financial Supervisory Authority. With a background at the FSA, Robert Karlsson plays a key role in the group, and Helena Rönqvist’s varied IT practice covers fintech-related matters, while insurance specialist Caroline Landerfors stands out for her experience advising insurtech companies.
Praxisleiter:
Robert Karlsson; Helena Rönqvist; Caroline Landerfors
Referenzen
‘We have the privilege of working with Caroline Landerfors, who consistently went above and beyond. Her deep understanding of the our business, combined with her sharp legal acumen, made a significant difference in how we approached and resolved complex issues. She has always been available when we needed guidance, providing clear, concise, and actionable advice.’
‘Magnusson has supported our company for many years and through a range of complex and ad-hoc legal issues. Their expertise spans a broad spectrum, from regulatory compliance to contract negotiations and everything in between. They are incredibly responsive, often turning around urgent requests with impressive speed and accuracy. Their ability to understand the unique challenges of our business and provide solutions has been invaluable for us. With their guidance, we’ve been able to navigate legal hurdles confidently, allowing us to focus on growing our business.’
Kernmandanten
Fondo Solutions
Spotlight
Lysa AB
Omocom
Rentfair / Ebie
Endava Plc
Inex One
Svalna
Söderberg & Partners
Highlight-Mandate
- Providing ongoing regulatory and strategic advice in relation to Fondo Solutions’ investment services operations, commercial issues such as co-operation arrangements and trade names, filing of ownership assessment applications to the Swedish Financial Supervisory Authority, and the updating of the general terms & conditions for Fondo Solutions’ services.
- Providing strategic advice to the financial services group Lysa Group AB, which contains the regulated entities Lysa Fonder AB (a UCITS), Lysa AB (Sweden’s largest automated asset manager), and Lysa Life Försäkring AB (a life insurance company).
- Assisting Spotlight Stock Market with legal reviews and other matters in connection with listings of shares on Spotlight Stock Market’s trading facility.
TM & Partners
TM & Partners‘ banking and finance team advises banks and other financial institutions as well as fintech companies on a broad spectrum of fintech-related matters, including M&A, financing, and regulatory issues. With extensive financial regulatory expertise, Eva Sundling leads the group; other key contacts include associates Simon Lundahl and Kristoffer Vasberg.
Praxisleiter:
Eva Sundling
Weitere Kernanwälte:
Simon Lundahl; Kristoffer Vasberg
Referenzen
‘A team of skilled, focused and very competent lawyers.’
‘Eva Sundling is very talented!’
‘Potential clients should know that they can expect efficient communication, attentive service, and expert advice tailored to their specific needs. The team’s responsiveness and collaborative approach foster strong client relationships, allowing clients to feel supported and informed at every stage.’
Kernmandanten
Tradera Marketplace AB
Highlight-Mandate
- Advising a financial institution on a complex outsourcing project involving demanding financial regulatory issues.
- Advising a large Scandinavian company on passporting its license to other jurisdictions.
- Advising a foreign credit institution on setting up its solutions on the Swedish market.