NordLEI
NordLEI (Nordic Legal Entity Identifier AB), founded in 2014 in Stockholm, is the first GLEIF-accredited LEI issuer in Scandinavia and the #1 LEI provider in Denmark, Norway, and Sweden, serving legal entities across 10 European jurisdictions via direct online issuance and partner programs.
- Company typePrivate
- Founded2014
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What NordLEI does
NordLEI (Nordic Legal Entity Identifier AB) is a Stockholm-based, privately held company that issues Legal Entity Identifier (LEI) codes under ISO 17442 standards for legal entities operating in financial markets. Founded in 2014, NordLEI became the first GLEIF-accredited Local Operating Unit (LOU) in Scandinavia on September 22, 2021, and now operates as an LOU across 10 jurisdictions including Sweden, Norway, Denmark, Finland, Iceland, the Faroe Islands, the Netherlands, the UK, Ireland, and Luxembourg. It also functions as an official registration agent in additional markets such as India, Australia, and Estonia. The company is recognized as the #1 LEI issuer in Denmark, Norway, and Sweden, and has received GLEIF Best Performing LEI Issuer awards in the Mid-Cap (2023) and Large Cap (2025) categories.
NordLEI's product platform centers on four core services — LEI Registration, Renewal, Transfer, and Update — delivered via a self-serve online portal and localized country-specific domains in seven languages. The platform issues most LEIs within approximately two hours of payment. Around this core, NordLEI has built four add-on modules targeting enterprise use cases: LEI Watchlist for EMIR REFIT compliance monitoring, LEI Surematch for entity-data mapping, LEI Bulk Registration for volume issuance with tiered discounts, and LEI Consolidation & Alignment for centralized multi-LEI management. The company has also begun distributing vLEI (Verifiable LEI) digital credentials under GLEIF's blockchain-based verifiable identity framework. Three partner programs — Validation Agent (for banks integrating LEI into KYC/AML), Registration Agent (for intermediaries), and Referral Partner (for branded local-language landing pages) — extend distribution.
The business model is subscription-based recurring revenue from LEI issuance and renewal fees, priced at €62–99 per year for initial registration and €60–79 per year for renewal, with multi-year prepay options (1, 3, or 5 years) at progressive discounts. The company serves SMBs, individuals, asset managers, complex organizations, and banks requiring regulatory compliance for securities trading, derivatives, and EMIR REFIT reporting. With 11–50 employees, ISO 27001 certification, and GDPR compliance, NordLEI has served over 160,000 customers since founding and operates a lean, highly digitized issuance model with no disclosed external funding.
NordLEI firmographics
Firmographics- Name
- NordLEI
- Legal name
- Nordic Legal Entity Identifier AB
- Website
- https://nordlei.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NordLEI (Nordic Legal Entity Identifier AB), founded in 2014 in Stockholm, is the first GLEIF-accredited LEI issuer in Scandinavia and the #1 LEI provider in Denmark, Norway, and Sweden, serving legal entities across 10 European jurisdictions via direct online issuance and partner programs.
- Ownership category
- akta.pro rank
NordLEI industry classification
Industry- Product category
- Legal Entity Identifier (LEI) issuance and management
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Data Validation, Enrichment & UTI/LEI Reference Services (FSAFAJAH)
Keywords
Where NordLEI is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
NordLEI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- LEI Code Issuance and Renewal: NordLEI generates revenue through LEI code registration and annual renewal fees. Registration fees range from €62-99 per year depending on term length (1-5 years), with renewal fees from €60-79 per year. Multi-year pricing offers discounts for longer commitment periods.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 1-year LEI Registration |
| Subscription | Multi-year contract | 3-year LEI Registration |
| Subscription | Multi-year contract | 5-year LEI Registration |
| Subscription | Annual | 1-year LEI Renewal |
| Subscription | Multi-year contract | 3-year LEI Renewal |
| Subscription | Multi-year contract | 5-year LEI Renewal |
| One time/ perpetual license | Pay-as-you-go | LEI Transfer |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels2 records
NordLEI product offering
Product offeringCore offering
NordLEI is a GLEIF-accredited Local Operating Unit (LOU) that issues and manages Legal Entity Identifier (LEI) codes — 20-character alpha-numeric identifiers conforming to ISO 17442 — for legal entities engaged in financial transactions. Its core offering covers new LEI registration, annual renewal, transfer of existing LEIs, and updates to LEI records, complemented by enterprise solutions such as bulk registration, entity-data matching (Surematch), an EMIR REFIT watchlist, and centralized LEI consolidation across multiple entities.
Product overview
NordLEI operates as a unified LEI (Legal Entity Identifier) issuance platform offering core registration, renewal, transfer, and update services for legal entities requiring LEI codes under ISO 17442 standards. The product portfolio includes complementary add-on modules for enterprise compliance needs (LEI Watchlist for EMIR REFIT compliance, LEI Surematch for entity data mapping, LEI Bulk Registration for volume processing, and LEI Consolidation & Alignment for centralized management). The company also offers partnership programs (Validation Agent, Registration Agent, and Referral Partner) enabling banks, intermediaries, and resellers to integrate or resell LEI services. NordLEI was founded in 2014 and serves customers in 10+ jurisdictions, operating as a GLEIF-accredited Local Operating Unit (LOU) in Scandinavia.
Differentiator
Problem solved
Functional benefit
Products and services
- LEI Registration Core service for obtaining a Legal Entity Identifier (LEI) code, a 20-character alpha-numeric code based on ISO 17442 standard used to identify legal entities in financial transactions globally. Targeted at companies, trusts, charities, partnerships, and government entities that need an LEI to trade securities and derivatives under EU regulations.
- LEI Renewal Annual (or multi-year) renewal service that keeps an entity's LEI data valid and compliant with GLEIF requirements, with automatic renewal options for 1-, 3-, or 5-year terms.
- LEI Transfer Service for transferring an existing LEI from another issuer to NordLEI's management at no additional cost beyond the renewal fee (if the LEI is due to expire).
- LEI Update (Challenge) Free service for updating LEI records when legal entity information such as name or address changes, keeping the public LEI record current.
- LEI Watchlist (EMIR REFIT) Watchlist service that helps clients keep track of LEIs of interest and ensures compliance for banks and other financial institutions under EMIR REFIT.
- LEI Surematch Algorithm-based service that maps in-house entity data with LEIs, ensuring customer systems have correct and consistent identifiers.
- LEI Bulk Registration Volume registration service that streamlines LEI registration for large numbers of legal entities, with discounted pricing based on volume.
- LEI Consolidation & Alignment Centralized LEI management service that lets organizations transfer LEIs to NordLEI and oversee them from a single dashboard.
- Validation Agent Program Channel program that enables banks and regulated entities to integrate LEI issuance into their KYC/AML workflows, allowing them to issue LEIs to clients as part of onboarding and counterparty identification.
- Registration Agent Program Channel program that helps entities obtain, renew, and transfer LEIs on behalf of their clients by partnering with NordLEI as a GLEIF-accredited LOU.
- Referral Partner Program Referral program that offers partners branded landing pages in local language and currency for easy LEI issuance referrals, reducing client questions and streamlining onboarding.
- vLEI (Verifiable Legal Entity Identifier) Digital credential managed by GLEIF using blockchain technology to provide cryptographically verifiable identity for legal entities; offered via the NordLEI platform as a decentralized identity credential.
Quantifiable outcome
- Most LEIs issued within a few hours after payment
- +1 more outcomes
Companies that use NordLEI
Customer profileSegments3 records
Ideal customer profiles3 records
NordLEI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NordLEI partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GLEIF (Global Legal Entity Identifier Foundation)coreNordLEI operates as a GLEIF-accredited Local Operating Unit (LOU), authorized to issue LEI codes to legal entities. NordLEI was the first GLEIF-accredited LOU in Scandinavia, accredited on September 22, 2021. As an accredited LOU, NordLEI maintains quality standards set by GLEIF and participates in the Global LEI System.
- Global Legal Entity Identifier Foundation (GLEIF)coreGLEIF manages the operational aspects of the global LEI system, ensuring quality and availability of LEI data. NordLEI operates under GLEIF accreditation as an LOU for issuing LEI codes in Scandinavian and European jurisdictions.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
NordLEI competitors and assessment
Company assessmentDirect peers
- RapidLEI (DXC Technology): RapidLEI is one of the largest GLEIF-accredited LOUs globally, issuing and managing LEIs on a tech-enabled self-serve platform. It is NordLEI's most direct competitor on model, scale, and digital UX.
- Business Entity Data B.V. Business Entity Data is a GLEIF-accredited LOU focused on European markets with self-serve LEI issuance and partner programs. Directly comparable on product scope, geographic focus, and channel-led GTM to NordLEI.
Broad incumbents
- Wolters Kluwer (CT Corporation / LEI Services): Wolters Kluwer operates LEI issuance as part of a broader corporate compliance and entity management portfolio serving legal, banking, and compliance teams. Comparable to NordLEI on LEI product but operates across a much wider regulatory-tech footprint.
- CSC (Entity Management & LEI Services): CSC provides corporate services including LEI issuance as part of its domain, governance, and entity management suite. Comparable because it serves legal entity compliance use cases at enterprise scale, alongside a broader services portfolio.
- TMF Group: TMF Group provides global corporate services including entity incorporation, compliance, and LEI/regulatory identifier management. Comparable to NordLEI on serving multinationals' compliance needs, though as part of a much broader outsourced services model.
- Moody's (Bureau van Dijk): Bureau van Dijk, a Moody's company, maintains the world's largest private-company data backbone and partners with LOUs on LEI data workflows. Comparable as an adjacent data and infrastructure provider feeding into the LEI ecosystem that NordLEI serves.
- Bloomberg L.P. Bloomberg distributes LEI reference data and identifiers as part of its broader enterprise data, reference data, and regulatory data products. Comparable as a data infrastructure counterpart to NordLEI in the LEI value chain.
Regional players
- Legal Entity Identifier India (LEI India): LEI India is a GLEIF-accredited LOU serving the Indian market under local regulatory mandates. Comparable as a regionally focused LEI issuer with strong first-mover status in its geography, mirroring NordLEI's Scandinavian leadership.
Emerging players
- Ubisecure (now Cloudentity): Ubisecure / Cloudentity provides identity and access management including LEI-based authentication for digital identity use cases. Comparable as an emerging player adjacent to NordLEI's vLEI/digital identity direction.
Others
- GLEIF (Global Legal Entity Identifier Foundation): GLEIF is the not-for-profit regulator of the Global LEI System and accredits all LOUs including NordLEI. Not a competitor but the central infrastructure partner governing NordLEI's ability to operate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
NordLEI social profiles
Digital presenceNordLEI compliance and trust
Trust signalCompliance2 records
NordLEI financial estimates
Financial estimateRevenue estimate
Valuation estimate
NordLEI leadership team
Management profileNumber of profiles
Profiles1 record
NordLEI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NordLEI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NordLEI
What does NordLEI do?
NordLEI is a GLEIF-accredited Local Operating Unit (LOU) that issues and manages Legal Entity Identifier (LEI) codes — 20-character alpha-numeric identifiers conforming to ISO 17442 — for legal entities engaged in financial transactions. Its core offering covers new LEI registration, annual renewal, transfer of existing LEIs, and updates to LEI records, complemented by enterprise solutions such as bulk registration, entity-data matching (Surematch), an EMIR REFIT watchlist, and centralized LEI consolidation across multiple entities.
Is NordLEI a public or private company?
NordLEI is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NordLEI founded?
NordLEI was founded in 2014. It employs 11 to 50 people.
Where is NordLEI based?
NordLEI is headquartered in Stockholm, Sweden, in the Europe region.
How does NordLEI make money?
One revenue line is on record: LEI Code Issuance and Renewal.
Who are NordLEI's main competitors?
Direct peers on record are RapidLEI (DXC Technology) and Business Entity Data B.V.. Broad incumbents are Wolters Kluwer (CT Corporation / LEI Services), CSC (Entity Management & LEI Services), TMF Group, Moody's (Bureau van Dijk) and Bloomberg L.P.. Legal Entity Identifier India (LEI India) is listed as a regional player. Ubisecure (now Cloudentity) is listed as an emerging player. GLEIF (Global Legal Entity Identifier Foundation) is listed as an others.
Does NordLEI have an API?
No public API is recorded for NordLEI.
What industry is NordLEI in?
NordLEI's product category is Legal Entity Identifier (LEI) issuance and management. Its primary akta.pro industry code is FSAFAJAH, Data Validation, Enrichment & UTI/LEI Reference Services. Its NAICS code is 522320.