Betalo

Founded in 2012, Betalo AB is a Swedish payment institution that offers a digital service for paying bills, invoices, and making transfers using credit or debit cards. The platform aims to provide users with more flexibility in managing their finances and the ability to earn credit card rewards on everyday expenses. The service is available to both private individuals and companies in Sweden. In May 2023, Betalo was acquired by the Qvickly Group but continues to operate under its own brand. The company is under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen).