Paylevo consists of two companies: Paylevo AB, which provides factoring services for traders, and Paylevo UK Limited, which provides financial services in consumer credit. Paylevo AB frees up capital quickly and without risk by acquiring bills and ensuring that traders always get paid as per agreement. Paylevo UK Limited is licensed by the British authority FCA and allows merchants to offer their customers an easy way to shop via their mobile phone invoice. Paylevo performs a KYC and credit check on its consumers in real-time to establish their credit limits.