Betalo

Betalo is a financial technology company that provides everyday payment services, allowing users to pay bills and send money both domestically within Sweden and internationally. The company serves individual consumers who seek a convenient and secure way to manage their financial transactions. Operating primarily in the Nordic market, Betalo collaborates with seven Swedish banks to ensure seamless integration and high security standards. The business model revolves around leveraging modern technology and lower overhead costs to offer cheaper, simpler, and more transparent payment solutions. Betalo generates revenue through transaction fees and partnerships with financial institutions. The platform supports all cards issued in Sweden, Norway, Denmark, and Finland, and offers features like Mobile BankID for secure identification. With over 85,000 customers and more than 3 billion SEK in transactions, Betalo has established itself as a trusted player in the fintech space.

Keywords: fintech, bill payments, international transfers, Nordic market, transaction fees, Mobile BankID, financial security, card rewards, customer reviews, bank partnerships.