Key Data

• Trading Names: Zimpler
• Legal Entities: Zimpler AB
  
• Activities: Payment processor
  
• Location: Sweden
  
• Regulations: FSA-regulated payment institution
• Key People: Johan Strand, Kristofer Ekman Sinclair, Jonathan Hjelmåker, Suzanne Mathson, Nicolas Koellerstedt
  

The Offering

Zimpler‘s offer is a regulated payment institution accepting high-risk merchants and their clients. The website mentions that services are offered in the B2C and B2B sectors. Details or conditions in this regard are missing on the website.

Merchants can sell high-value goods or services (up to €15,000) directly through their website.

Their service includes:

• Payouts (B2C)
• Pay-ins (B2C)

In May 2023 Zimpler has introduced instant cross-border payouts for the 20 countries in the eurozone, allowing both B2C and B2B clients to send payments directly to recipients’ bank accounts.

The solution utilizes the Single Euro Payments Area (SEPA) and offers a cost-effective, swift, and secure method for businesses to send payments across Europe, serving as an alternative to traditional payment methods like checks and wire transfers.

Costumer Review

Zimpler has 1.7 stars with 56 reviews on Trustpilot.

On Google Review they have 2.9 stars with 22 reviews

Conclusion

Zimpler is a regulated payment institution. The website provides all the necessary information about the operators. They contacted us to explain their situation and their AML and due diligence process.
Due to their complete transparency and willingness to cooperate, we put Zimpler on our Green compliance list.