Zevoy Aktiebolag (Finland) is an electronic money institution authorized and regulated by the Finnish Financial Supervisory Authority. Zevoy is focused on business expense management. The company offers corporate e-wallet accounts, corporate payment cards, expense management app, invoice management to companies.
The smart company card
Save up to 80% of the time you currently spend processing expenses
Our All-In-One expense management solution
Visa business cards, choose between credit or prepaid cards
Scan receipts and match them with purchases
Overview of all company expenses in a user-friendly web portal
Invite users, manage card specific limits, freeze or close cards and forward expenses digitally into your accounting software via files and integrations
(*)as stated by the company itself
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, Zevoy Aktiebolag is assigned the overall rating 2.71 (average) which is explained in details below.
Operating Environment | Friendly | (4.01) |
Product Range | Focused | (2.29) |
Market Niche | Narrow | (2.48) |
Company Background | Average | (2.69) |
Customer Support | Average | (2.67) |
Customer Sentiment | n/a | |
Transparency | Average | (2.88) |
Overall Rating | Average | (2.71) |
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TheBanks.eu has also identified the following pros and cons of the company:
All-In-One Expense Management
Zevoy Corporate Wallet is a single-currency account, allowing the account holder to have funds in EUR only.
Visa cards can be ordered together with Zevoy Corporate Wallet. Both virtual and plastic cards are available.
Zevoy do not conduct operations with cryptocurrencies.
Zevoy Aktiebolag is authorized by the Finnish Financial Supervisory Authority as a e-money institution (reference number 31477514) for issuance of electronic money, distribution and redemption of electronic money, placing cash to a payment account, withdrawing cash from a payment account, 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 October 2021.
Zevoy Aktiebolag 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, Zevoy is required to safeguard its customers’ money.
Due to EEA passport rules Zevoy Aktiebolag, can conduct its activities in any of the 30 EEA member states.
Zevoy Aktiebolag is connected to Visa payment card scheme.