# Fintech licensing in Estonia

Source page: https://protegra.io/licensing/jurisdictions/estonia/

In Estonia, fintech and crypto licences are issued by the Estonian Financial Intelligence Unit (FIU) and the Finantsinspektsioon (FI). The Atlas covers 15 licence types there, in 8 families: bank, crypto-asset service provider (MiCA), electronic money institution, fund manager, investment firm, lending, payment institution and trust and corporate services. Because Estonia is in the EU/EEA, passportable licences issued there can be extended to the other member states by notification. Crypto-asset service providers are authorised under MiCA.

## Financial regulators in Estonia

- [EstoniaFinantsinspektsioon (FI)Finantsinspektsioon is Estonia's independent financial supervision and crisis resolution authority operating with autonomous responsibilitie](https://protegra.io/licensing/regulators/finantsinspektsioon-estonia/)
- [EstoniaEstonian Financial Intelligence Unit (FIU)The Estonian Financial Intelligence Unit (Rahapesu Andmebüroo) is an independent government agency under the jurisdiction of the Ministry of](https://protegra.io/licensing/regulators/fiu-estonia/)

## Fintech licences available in Estonia

### [Bank / credit institution](https://protegra.io/licensing/licences/bank/)

- [Bank · EstoniaCredit institution authorisation (bank)FI](https://protegra.io/licensing/licences/bank/estonia/)

### [Crypto-asset service provider (MiCA CASP)](https://protegra.io/licensing/licences/casp-mica/)

- [CASP · EstoniaAuthorisation to operate as a crypto-asset service provider under MiCAFI](https://protegra.io/licensing/licences/casp-mica/estonia/)

### [Electronic money institution (EMI)](https://protegra.io/licensing/licences/emi/)

- [EMI · EstoniaElectronic money institution operating with an exceptionFI](https://protegra.io/licensing/licences/emi/estonia-exception/)
- [EMI · EstoniaOperating licence as an electronic money institutionFI](https://protegra.io/licensing/licences/emi/estonia/)

### [Fund manager](https://protegra.io/licensing/licences/fund-manager/)

- [FM · EstoniaSmall fund manager registration without activity licenceFI](https://protegra.io/licensing/licences/fund-manager/estonia-small/)
- [FM · EstoniaOperating licence as a fund management companyFI](https://protegra.io/licensing/licences/fund-manager/estonia/)

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · EstoniaAuthorisation as an investment firmFI](https://protegra.io/licensing/licences/investment-firm/estonia/)

### [Lending / consumer credit](https://protegra.io/licensing/licences/lending/)

- [Credit · EstoniaOperating licence as a credit servicerFI](https://protegra.io/licensing/licences/lending/estonia-credit-servicer/)
- [Credit · EstoniaOperating licence as a creditorFI](https://protegra.io/licensing/licences/lending/estonia-creditor/)
- [Credit · EstoniaAuthorisation as a crowdfunding service provider under ECSPRFI](https://protegra.io/licensing/licences/lending/estonia-crowdfunding/)
- [Credit · EstoniaAuthorisation for operating as a financial institution (Tegevusluba finantseerimisasutusena tegutsemiseks)FIU](https://protegra.io/licensing/licences/lending/estonia-financial-institution/)
- [Credit · EstoniaOperating licence as a credit intermediaryFI](https://protegra.io/licensing/licences/lending/estonia-intermediary/)

### [Payment institution (PI)](https://protegra.io/licensing/licences/payment-institution/)

- [PI · EstoniaPayment institution operating with an exceptionFI](https://protegra.io/licensing/licences/payment-institution/estonia-exception/)
- [PI · EstoniaOperating licence as a payment institutionFI](https://protegra.io/licensing/licences/payment-institution/estonia/)

### [Trust and corporate service provider (TCSP)](https://protegra.io/licensing/licences/trust-company/)

- [TCSP · EstoniaAuthorisation for providing trust and company services (Tegevusluba usaldushaldusteenuse ja äriühinguteenuse osutamiseks)FIU](https://protegra.io/licensing/licences/trust-company/estonia/)

## Path to market

Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. FI offers pre-application meetings and an innovation hub; the regulator page explains how to use them. The application goes to FIU and FI, together with the capital, governance and AML documentation the licence page lists. Once authorised, an EU/EEA licence can be extended to other member states by passport notification rather than a new licence.

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.