What Coinmotion does

Coinmotion Oy is a Finnish cryptocurrency service provider founded in 2012 and headquartered in Jyväskylä, Finland, operating under the legal name Coinmotion Oy (Business ID 2469683-1). It is Finland's first crypto asset service provider licensed by the Finnish Financial Supervisory Authority (FIN-FSA) under MiCA (Regulation EU 2023/1114) and also holds a payment institution license under the Finnish Act on Payment Institutions (297/2010). The company serves over 150,000 Nordic users across Finland and Sweden, offering trading and custody in more than 300 cryptocurrencies via a web platform, mobile app, and an OTC Trading Desk. It is privately held with a small team of 1-10 employees and no recent disclosed funding rounds.

The platform is a self-serve web and mobile trading system that uses Bank ID for identity verification and supports 2FA via Google Authenticator or Microsoft Authenticator. Its service suite comprises core exchange and custody services, a Vault security add-on priced at €3 per cryptocurrency per month, a Monthly Saving recurring-buy feature, an Expansion Service delivered via outsourcing partner Bitpanda GmbH, and Expansion Staking for Proof-of-Stake assets. Sub-brands target distinct segments: Coinmotion Personal (retail), Business (corporate), Wealth (private cryptobanking), Institutions, and OTC Trading Desk. Distribution is multi-channel, including organic social media, content marketing, email, and a dedicated help center, with customer support in Finnish, Swedish, and English.

Coinmotion's revenue model is transaction-fee driven. Standard commission is 2% on executed trades, with volume-based discounts descending to 0.8% for traders exceeding €1,000,000 in 90-day volume; Sweden operates at a fixed 2.9% due to higher payment costs. Vault, staking, and ancillary service fees (withdrawals, document delivery, fund retrieval) supplement transaction revenue. The go-to-market combines product-led growth for retail users with a sales-led motion for business, wealth, and institutional clients. The company claims 100% uptime over the trailing 90 days and a 4.5/5 user rating from 2,500 reviews.

Name

Coinmotion

Legal name

Coinmotion Oy

Website

https://coinmotion.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Coinmotion Oy is a Finland-licensed cryptocurrency exchange and custody provider serving 150,000+ Nordic retail, business, wealth, and institutional clients with trading in 300+ cryptocurrencies, operating under MiCA CASP and payment institution licenses.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange and Custody Services

NAICS

Securities and Commodity Exchanges (52321)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)

Keywords

• Cryptocurrency exchange
• Crypto asset services
• Crypto custody solutions
• Crypto trading platform
• Wealth management

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Trading Fees: Percentage-based fee charged on each executed buy and sell order, always in euros. Standard commission of 2% with volume-based discounts decreasing to as low as 0.8% for high-volume traders (>1,000,000 EUR in 90 days). Sweden has fixed 2.9% fee due to higher payment costs.
2. Vault Service Fees: Monthly fee of 3.00 EUR per cryptocurrency stored in Vault, charged from the stored virtual currency.
3. Expansion Service Trading Fees: Fixed 2% trading fee for crypto assets in Additional Selection Service (marked with asterisk). No volume discounts apply to these assets.
4. Expansion Staking Fees: Fees charged from staking rewards, deducted before customer receives rewards. Company also pays Subcontractor fees from these rewards.
5. Withdrawal Fees: 0.90 EUR per SEPA transfer when withdrawing euros to customer's bank account.
6. Additional Services: Fees for services including vault investigation (10 EUR), postal document delivery (10 EUR), XLM/XRP transfer clarification (10% or max 200 EUR), custody fee for terminated accounts (9.90% p.a.), fund retrieval (150 EUR/hour minimum), and consultative fund return services (from 250 EUR/hour).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Coinmotion operates a licensed Nordic cryptocurrency exchange and custody platform, enabling individuals, businesses, and institutions to buy, sell, store, and trade more than 300 cryptocurrencies. The platform offers personal accounts, business accounts, private cryptobanking (Coinmotion Wealth), institutional services, an OTC Trading Desk, and ancillary services such as Vault security, recurring buys, and staking.

Product overview

Coinmotion is a unified Nordic cryptocurrency investment platform offering a comprehensive suite of services for retail investors, businesses, wealth clients, and institutions. The core platform provides cryptocurrency buying, selling, storage (with Vault security add-on), and tax handling for over 300 cryptocurrencies. The ecosystem includes specialized services: Coinmotion Personal for individual investors with monthly savings features; Coinmotion Business for corporate customers; Coinmotion Wealth for private cryptobanking; Institutions for institutional clients; and an OTC Trading Desk for large-volume trades. The service architecture extends through MiCA-regulated Standard Crypto-Asset Services (Custody, Exchange, Transfer) and Payment Services, with an Expansion Service offering additional crypto assets via Bitpanda, and Expansion Staking for Proof-of-Stake token rewards. The platform integrates with Finnish/Swedish banks and Checkout.com for fiat transactions.

Differentiator

Problem solved

Functional benefit

Brands

• Coinmotion Wealth: Premium crypto banking and wealth management service for high-net-worth individuals
• OTC Trading Desk

Products and services

• Coinmotion Personal Individual investor service offering buy/sell of cryptocurrencies, monthly savings/recurring buys, real-time market tracking, custody, and tax handling for Finnish and Swedish retail savers.
• Coinmotion Business Cryptocurrency services tailored for business customers, including corporate account management, transaction capabilities, and payment services integration.
• Coinmotion Wealth (Private Cryptobanking) Private cryptobanking service for high-net-worth individuals offering premium features, personalized service, and enhanced security via Vault.
• Coinmotion Institutions Dedicated cryptocurrency services for institutional investors with specialized support and features, including institutional-grade custody and exchange.
• OTC Trading Desk Over-the-counter trading service for large-volume traders and institutions, providing personalized execution and pricing for substantial cryptocurrency transactions.
• Standard Crypto-Asset Services (Custody, Exchange, Transfer) Core regulated crypto-asset services under MiCA, including Custody Service (wallet storage and administration), Exchange Service (crypto-to-fiat and crypto-to-crypto trading), and Transfer Service (transfers to external wallets).
• Payment Services Fiat account services including euro deposits and withdrawals via SEPA, payment instruments, and integration with Finnish banks for seamless transactions.
• Vault Function Enhanced security custody service offering an additional protection layer for crypto-assets held in custody, subject to a monthly fee of €3.00 per cryptocurrency.
• Expansion Service (Additional Selection) Extended cryptocurrency offering using Bitpanda GmbH as outsourcing partner for custody and administration, providing access to additional crypto assets beyond the standard selection at a fixed 2% trading fee.
• Expansion Staking Proof-of-Stake staking service available to Expansion Service customers, allowing users to stake crypto-assets via Delegated Staking Method to earn potential rewards, with fees deducted from rewards.

Quantifiable outcome

• 150,000+ Nordic users trust the platform
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

One partnership is on record.

• Bitpanda GmbHcoreTechnology or IntegrationBitpanda GmbH serves as the outsourcing partner for Coinmotion's Expansion Service, providing custody and administration of crypto-assets. The Expansion Service enables Coinmotion to offer additional cryptocurrency assets beyond its core selection. Despite using Bitpanda's technical infrastructure, Coinmotion maintains the direct contractual relationship with customers.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Safello: Swedish-headquartered crypto exchange listed on Nasdaq First North, directly comparable to Coinmotion in serving Nordic retail and business customers with regulated brokerage and custody services. Closest like-for-like peer given overlapping geography and customer base.
• Bitpanda: Austrian crypto broker offering retail trading, staking, and custody across Europe. Direct competitor in the EU retail crypto space and simultaneously Coinmotion's outsourcing partner for the Expansion Service.
• eToro: European-headquartered multi-asset broker with significant crypto offering and social/retail focus. Comparable business model (retail-led multi-asset platform with localized onboarding) to Coinmotion's core offering.
• BTCX: Swedish crypto broker and exchange serving Nordic retail and corporate clients. Directly comparable to Coinmotion on geography, customer segment, and regulated brokerage offering.

Broad incumbents

• Kraken: Global crypto exchange with established European presence and MiCA-aligned operations. Competes for institutional and retail European crypto volume but is far larger and broader than Coinmotion.
• Coinbase: Largest US-listed crypto exchange, expanding across Europe under MiCA. Competes with Coinmotion across retail, institutional, and OTC segments but at vastly larger scale and broader asset coverage.
• Crypto.com: Global crypto exchange and card issuer with established European user base. Overlaps with Coinmotion on retail trading, staking, and VIP/institutional services but operates at much larger scale.
• Binance: World's largest crypto exchange by volume, increasingly active in EU under MiCA licensing. Represents the most significant competitive threat to Coinmotion's retail trading volume.
• Revolut: European fintech super-app offering in-app crypto trading alongside banking. Targets the same mainstream retail audience as Coinmotion with potentially overlapping Finnish/Swedish user bases.

Emerging players

• SwissBorg: European crypto wealth management app focused on yield products and curated asset access. Comparable to Coinmotion Wealth segment and staking/yield positioning, though smaller and more focused on a single app experience.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Coinmotion
• YouTubeyoutube.com/channel/UCCdAbvZQBA8Doy0fh8cKkjA
• Facebookfacebook.com/333507816785465
• LinkedInlinkedin.com/company/coinmotion
• Instagraminstagram.com/coinmotion

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinmotion