LHV Pank (Estonia)

Overview

LHV Pank is Estonia's largest domestically-owned bank + leading Estonian fintech BaaS provider + 460,000+ clients + UK BaaS clients include Coinbase + Wise + Revolut + Airbase + Tide + WorldRemit + ClearBank + others + LHV Bank UK Ltd full UK banking license post-2023 + TSE: LHV1T [1, ee-cro]. 2025 baseline: LHV Estonia's largest domestically-owned bank + leading Estonian fintech BaaS provider + 460,000+ clients + UK BaaS clients include Coinbase + Wise + Revolut + Airbase + Tide + WorldRemit + ClearBank + others; LHV Bank UK Ltd full UK banking license post-2023 distinctive Estonian-UK banking expansion; LHV BaaS provides EU SEPA banking infrastructure to non-Estonian European fintechs through LHV Estonia banking license.

History

1999 — LHV Lõhmus Haavel Viisemann founded by Rain Lõhmus + Andres Viisemann + Erkki Raasuke distinctive Estonian banking heritage.

2005 — LHV Pank Estonian banking license.

2009 — LHV Mobiilipank mobile banking app launch distinctive Estonian mobile banking strategy.

2014 — LHV BaaS partnership with Coinbase + Tide + Wise + Revolut distinctive Estonian fintech BaaS pioneer.

May 30 2016 — LHV Group TSE IPO under ticker LHV1T distinctive Estonian banking listing.

2023 — LHV Bank UK Ltd full UK banking license post-PRA approval distinctive Estonian-UK banking expansion.

Ownership & operator

Operating entity: AS LHV Group (TSE: LHV1T; Estonia's largest domestically-owned bank + leading Estonian fintech BaaS provider; Rain Lõhmus founder).

Major shareholders: Rain Lõhmus (founder; via Lõhmus Holdings) + Andres Viisemann (co-founder) + Erkki Raasuke (co-founder) + Estonian retail + institutional + foreign investors + post-May 30 2016 TSE IPO.

Regulators: Finantsinspektsioon Estonia + ECB + FCA UK + PRA UK.

Technical integration

LHV Mobiilipank mobile banking app (iOS + Android; 460,000+ clients) + lhv.ee online + LHV Bank UK Ltd UK banking license post-2023 + LHV BaaS API (Banking-as-a-Service for fintechs) + LHV Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + Faster Payments GB; LHV BaaS provides EU SEPA banking infrastructure to non-Estonian European fintechs through LHV Estonia banking license + LHV BaaS clients include Coinbase + Wise + Revolut + Airbase + Tide + WorldRemit + ClearBank + others distinctive Estonian fintech BaaS pioneer.

Implementations & partners

LHV BaaS clients: Coinbase + Wise + Revolut + Airbase + Tide + WorldRemit + ClearBank + others distinctive Estonian fintech BaaS pioneer.

Major Estonian + Baltic banking competitors: [[swedbank]] (Swedbank; Sweden's largest commercial bank by assets + Estonia + Latvia + Lithuania operations) + [[seb-bank]] (Skandinaviska Enskilda Banken SEB + Estonia operations) + [[lhv-bank]] (LHV Pank Estonia's largest domestically-owned bank) + [[coop-pank]] (Coop Pank Estonian cooperative bank) + [[luminor-bank]] (Luminor Bank Pan-Baltic Nordea+DNB spinoff; Blackstone acquired 2019) + [[citadele-bank]] (Citadele Bank Latvian commercial bank + Pan-Baltic banking) + [[lightyear]] (Estonian-founded neobroker by ex-Wise founders; 25 countries; $1B+ customer assets Jul 2025; Richard Branson investor).

Regulators: Finantsinspektsioon Estonia + ECB + FCA UK + PRA UK.

Status

Active, Estonia's largest domestically-owned bank + leading Estonian fintech BaaS provider + 460,000+ clients + UK BaaS clients include Coinbase + Wise + Revolut + Airbase + Tide + WorldRemit + ClearBank + others + LHV Bank UK Ltd full UK banking license post-2023 [1, 2]:

• AS LHV Group (TSE: LHV1T; Estonia's largest domestically-owned bank) since 1999 LHV Lõhmus Haavel Viisemann founding + 2005 LHV Pank Estonian banking license + 2009 LHV Mobiilipank launch + 2014 LHV BaaS Coinbase + Tide + Wise + Revolut partnership + May 30 2016 LHV Group TSE IPO + 2023 LHV Bank UK Ltd UK banking license.
• LHV BaaS leading Estonian fintech BaaS provider.
• Finantsinspektsioon Estonia + ECB + FCA UK + PRA UK regulated.

Sources

• 1 LHV — official
• 2 LHV Pank — Wikipedia
• ee-cro In-corpus: reports/countries/EE-estonia.md

Source

Biography extracted from lhv-bank.md. See matrix.md for standards-support matrix if present.