Investment Firms Authorised in Estonia

Every entry ESMA's union public register holds with Estonia as its home member state — what each firm is authorised as, when, and which authorisations have since been withdrawn.

This is not the crypto register. MiFID / AIFMD / UCITS investment firms — NOT the MiCA crypto register — investment firms, fund managers and trading venues. A firm listed here may hold no permission for crypto-assets at all. For that, use the guided check against the MiCA register.

A listing is a permission, not a recommendation. ESMA publishes that a firm is authorised. That is a record of a permission, not a recommendation, and not a statement that the firm is safe. No firm on this page is assessed, scored or ranked by us, and the order is alphabetical so that the order cannot be read as a judgement either.

36 entries · 28 recorded as current · 7 recorded as withdrawn · 1 with no status stated · authority: Estonian Financial Supervision Authority (EFSA)

Admiral Markets ASInvestment firm · withdrawn 28 April 2026Withdrawn
Aktsiaselts Cresco VäärtpaberidInvestment firm · withdrawn 10 June 2024Withdrawn
Aktsiaselts KAWE KAPITALInvestment firm · authorised 27 April 2018Current
Aktsiaselts KIT Finance EuropeInvestment firm · withdrawn 10 October 2022Withdrawn
Aktsiaselts Trigon Asset ManagementUCITS management company · authorised 15 January 2007Current
AS Avaron Asset ManagementUCITS management company · authorised 28 December 2006Current
AS BaltCapAIFM · withdrawn 10 November 2025Withdrawn
AS Birdeye CapitalAIFM · authorised 13 November 2017Current
AS LHV PankInvestment firm · authorised 6 May 2009Current
AS LHV VarahaldusUCITS management company · authorised 27 March 2002Current
AS Luminor BankInvestment firm · authorised 29 August 2017Current
AS Plural EstoniaAIFM · authorised 11 August 2025Current
AS Redgate CapitalInvestment firm · authorised 12 February 2018Current
AS SEB PankInvestment firm · authorised 12 January 1993Current
AS TBB pankInvestment firm · withdrawn 14 April 2025Withdrawn
Baltic Horizon Capital ASAIFM · authorised 23 May 2016Current
Bigbank ASInvestment firm · authorised 27 September 2005Current
Coop Pank ASInvestment firm · authorised 13 February 1993Current
Crowdestate ASEuropean Crowdfunding Service Provider · withdrawn 14 April 2026Withdrawn
EfTEN Capital ASAIFM · authorised 20 November 2014Current
Estateguru OÜEuropean Crowdfunding Service Provider · authorised 8 May 2023Current
Grünfin ASInvestment firm · withdrawn 31 December 2024Withdrawn
Lightyear Europe ASInvestment firm · authorised 3 March 2022Current
Limestone Platform ASUCITS management company · authorised 20 February 2008Current
Limestone Platform ASAIFM · authorised 4 April 2016Current
LIMESTONE PLATFORM AS, LUXEMBOURG BRANCHAIFM · branch · authorised 6 February 2019Current
Luminor Bank AS Lietuvos skyriusInvestment firm · branch · authorised 5 July 2018Current
Mobilus Fund Management o��AIFM · authorised 1 April 2020Not stated
Nasdaq Tallinn AktsiaseltsMultilateral trading facility · authorised 1 January 2002Current
NASDAQ Tallinn AktsiaseltsRegulated market · authorised 1 January 2002Current
Northern Star AS, branch in FinlandUCITS management company · branch · authorised 8 October 2012Current
Swedbank ASInvestment firm · authorised 26 January 1993Current
Swedbank Investeerimisfondid ASUCITS management company · authorised 5 April 2002Current
Tuleva Fondid ASUCITS management company · authorised 2 September 2025Current
Venturebeam Markets ASInvestment firm · authorised 31 December 2020Current
Wise Assets Europe ASInvestment firm · authorised 24 October 2022Current

What “Home Member State” Means Here

It is the state whose authority granted the authorisation — not necessarily the only place the firm operates. A firm authorised in one member state may serve clients in others, and the register separately records branches with a host state. Entries marked branch on this page are branch entries rather than head offices.

So a firm being absent from your own country’s page does not mean it cannot lawfully deal with you, and its being present does not mean it may do everything. The register overview explains what the permissions are and what falls outside them.

Other Member States

Germany 2,840 · France 1,633 · Luxembourg 1,237 · Spain 1,146 · Italy 771 · Netherlands 670 · Austria 667 · Poland 625 · Ireland 588 · Sweden 458 · Cyprus 430 · Denmark 366 · Finland 339 · Norway 298 · Malta 233 · Hungary 213 · Portugal 181 · Liechtenstein 172 · Czechia 155 · Belgium 151 · Bulgaria 135 · Greece 121 · Romania 100 · Slovakia 74 · Iceland 69 · Croatia 66 · Lithuania 66 · Latvia 48 · Slovenia 26 · United Kingdom 1

ESMA publishes that a firm is authorised. That is a record of a permission, not a recommendation, and not a statement that the firm is safe.

This document has been drafted using material downloaded from ESMA's website. ESMA does not endorse this publication and in no way is liable for copyright or other intellectual property rights infringements nor for any damages caused to third parties through this publication.

Source: European Securities and Markets Authority (ESMA) union public register (esma_registers_upreg), read on 2026-09-05. Licence: Reproduction authorised provided the source is acknowledged (ESMA legal notice). The authority’s own copy is the authoritative one; ours is a copy of a public file taken on the date shown, and ESMA states that information reported by a national authority “will not be immediately displayed” — so a firm can be authorised, and listed nationally, while absent here.