Fintech

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.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘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.’
‘Working with Niklas Follin and Hanna Salajin has been a seamless experience. Their deep industry insight and knowledge are evident in every interaction. They are always well-prepared for meetings, demonstrating a thorough understanding of complex outsourcing and IT agreements. Their pragmatic approach ensures that solutions are not only effective but also cost efficient, making them an invaluable partner in navigating the tech landscape. Niklas Follin and Hanna Salajin’s professionalism and business-minded approach ensure that they always view cases from the client's perspective, providing tailored and practical advice that addresses our specific needs.'
‘Niklas Follin really showed interest in our industry/business model and asked the right questions all the time, making me feel very confident with his knowledge and expertise and his possibility to provide expert advice tailored for us. It was impressive how fast he understood the context and managed to help us navigate highly complex issues within a complex industry. Niklas' flexibility and attitude in general also make me feel very confident with our collaboration.’
‘The individuals I work with are brilliant when it comes to their respective fields. They are very solution oriented and pragmatic. They know our business very well, which makes them outstanding at giving us the best legal counsel. The work they do is of high quality and we have a good dialogue under our cooperation. Their industry competence is very high. The lawyer I work with in particular is Johan Hallén who is outstanding. Emily Svedberg-Possfelt and Mathilda Ström also stand out as great lawyers.’
‘I greatly appreciate the deep Fintech industry insight that Setterwalls is renowned for. It is evident in every aspect of the legal advice we have received.’
‘The team at Setterwalls is extremely responsive and understands the early phases of start-ups. The team is very small but as soon as there is need for expertise in other areas beyond our core business objectives, i.e. such as capital raising and fintech they provide that within their organisation.'

Key clients

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)

Work highlights

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.