mobile payment application Steven AB (Sweden) is an electronic money institution authorized and regulated by the Swedish Financial Supervisory Authority. Steven is focused on mobile payment application. The company offers e-wallet accounts, money transfers, currency exchange to natural persons.
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Steven AB is assigned the overall rating 2.42 (poor) which is explained in details below.
| Operating Environment | Very Friendly | (4.30) |
| Product Range | Narrow | (1.54) |
| Market Niche | Narrow | (1.92) |
| Company Background | Average | (2.69) |
| Customer Support | Average | (2.67) |
| Customer Sentiment | n/a | |
| Transparency | Average | (3.39) |
| Overall Rating | Poor | (2.42) |
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TheBanks.eu has also identified the following pros and cons of the company:
For traveling, household expenses and everything in between
Steven Mobile Wallet is a single-currency account, allowing the account holder to have funds in SEK only.
SEK (Swedish krona/kronor)Payment cards can be ordered together with Steven Mobile Wallet. Only plastic cards can be ordered, virtual cards are not available.
Steven do not conduct operations with cryptocurrencies.
Dutch
English
GermanSwedishSweden
Steven AB is authorized by the Swedish Financial Supervisory Authority as a e-money institution (reference number 48004) for issuance of electronic money, distribution and redemption of electronic money, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions; the authorization was granted on 5 July 2019.
Steven AB is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Steven is required to safeguard its customers’ money.
Due to EEA passport rules Steven AB, can conduct its activities in any of the 30 EEA member states.
Box 5183, 102 44, STOCKHOLM, SwedenEnglishSteven has profiles on the following social networks:
Malta
Malta
Lithuania
Norway
Ireland
Cyprus
