The Nextlevel online course marketed on Tiktok is intended to teach participants everything they need to earn large sums of money through so-called affiliate marketing, but is questioned by both experts and former participants. Several have said that the whole thing is primarily about marketing the course to others.
The course costs around 40,000 SEK. Customers were offered an installment plan with a monthly cost of approximately SEK 2,000.
– She told me that I will earn 100,000 in a month or two. How could I not say yes? “I dreamed of making money,” Awo Dabar, who bought the course, told DN in early February.
Since at least August 2024 The company had a cooperation agreement with Svea Bank through the two companies EW Cederqvist AB and Cypriot Agera IM Ltd. These agreements made the partial payments possible, but now the bank has broken with the companies.
– I have limited access to the material, but I know that customers are blocked. One of them since January 14 and the other earlier, says Lennart Ågren, CEO of Svea Bank, when DN reached him by phone.
– There has been trouble with them for a long time, he adds.
For what reason did you turn them off?
– It is a business that generates too many customer complaints. That’s the simple summary. If it is too much like that, we as representatives hear it and then we don’t want to get involved in such deals.
How do you know that you made this sale possible for so long?
– From our point of view, supporting young people who want to learn and train for something is actually good in itself from a sustainability perspective. The fact that there are happiness seekers in all industries, including this one, is simply unfortunate, says Lennart Ågren.
There was also Klarna as a payment option since May last year. The bank does not have a direct cooperation agreement with the companies behind the course, but can be reached through a so-called PSP provider – an actor who coordinates several payment methods and offers them to companies.
According to DN’s information, Klarna, after being contacted by information about dissatisfaction with Nextlevel, decided to ask the PSP provider to remove the bank as a payment option. Klarna does not take part in an oral interview.
“I can confirm that our services are no longer offered here, but I would not like to go into further detail about any individual company,” the bank’s press contact, Joel Hedin, wrote in an email, adding:
“Of course, we want any businesses that add our payment methods to be appreciated by their customers, and it’s sad to hear about the criticism.”
Edvin Cederqvist, Whoever is behind the course paints a different picture of why the agreement with Svea Bank was broken. He claims that this is a result of his company relocating to Cyprus last year and that it is a completely normal occurrence.
“If a Svea spokesperson told you otherwise, I don’t know who is right or wrong, but I only acted according to the information I received from them,” he writes in a text message, assuring that he received verbal confirmation from Svea Bank representatives.
He writes about Klarna’s announcement:
“Of course it’s sad to hear this, but it’s difficult for me to comment on it because I’m neither in contact with Klarna nor know with absolute certainty how their assessments are made.”
Last week, DN announced that Tiktok had closed a large number of accounts related to course activity, as well as the account of founder Edvin Cederqvist.
Read more:
Everyone is selling the same thing – but no one tells you what it really is
Tiktok deletes accounts – if DN checks promise of wealth
The course seller’s promise to the DN reporter: 100,000 per month
No support for people who regret purchasing online courses
