Company Information

Get to know Loomis Automatia Oy

Loomis Automatia Oy is a Finnish financial services infrastructure company that manages Finland's largest and most recognized ATM network, branded as "Otto.". The company was originally founded by a consortium of Finnish banks in 1994 to centralize ATM services. In 2020, it was acquired by the global cash handling leader, Loomis AB, and now operates as Loomis Automatia Oy. The company's mission is to ensure the availability, security, and development of cash services throughout Finland by maintaining thousands of ATMs for cash withdrawals, balance inquiries, and cash deposits.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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Loomis Automatia Oy

Finland

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.