Company Information

Get to know northmill

Founded in 2006 by Hikmet Ego and partners, Northmill began as a technology-focused financial services company. It evolved over the years, leveraging technology to create user-friendly financial products. In September 2019, the company was granted a full banking license by the Swedish Financial Supervisory Authority (Finansinspektionen) and officially became Northmill Bank. Its mission is to improve people's financial lives by offering accessible and intelligent banking services, including savings accounts, loans, credit, and payment solutions, all managed through its proprietary technology platform.

Industry

Financial BankingPRIMARY
Financial Other Service

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northmill

Sweden

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.