Company Information

Get to know Collector Bank

Originally founded in 1999 as a debt collection company, Collector evolved into a digital bank, receiving its banking license in 2015. In 2023, the parent company Collector Bank AB officially changed its name to Norion Bank AB to clarify its diversified strategy. The group now operates through three brands: Norion Bank (corporate and real estate lending), Walley (payment solutions for merchants), and Collector (personal loans, credit cards, and savings accounts for private individuals). Its mission is to provide innovative, flexible, and customer-centric financial products powered by modern technology.

Industry

Financial BankingPRIMARY
Financial Other Service

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Collector Bank

Sweden

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.