# LHV Pank (Estonia)

> Source: https://docs.barcoder.ai/docs/wallets/lhv-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [LHV — official](https://www.lhv.ee/)

## 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** <sup>[1][1], [Estonia report](https://docs.barcoder.ai/docs/payments/EE)</sup>. **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 (Sweden + Baltic)](https://docs.barcoder.ai/docs/wallets/swedbank) (Swedbank; Sweden's largest commercial bank by assets + Estonia + Latvia + Lithuania operations) + [SEB (Skandinaviska Enskilda Banken)](https://docs.barcoder.ai/docs/wallets/seb-bank) (Skandinaviska Enskilda Banken SEB + Estonia operations) + [LHV Pank (Estonia)](https://docs.barcoder.ai/docs/wallets/lhv-bank) (LHV Pank Estonia's largest domestically-owned bank) + Coop Pank (Coop Pank Estonian cooperative bank) + [Luminor Bank](https://docs.barcoder.ai/docs/wallets/luminor-bank) (Luminor Bank Pan-Baltic Nordea+DNB spinoff; Blackstone acquired 2019) + [Citadele Bank](https://docs.barcoder.ai/docs/wallets/citadele-bank) (Citadele Bank Latvian commercial bank + Pan-Baltic banking) + [Lightyear](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [2][2]</sup>:
- **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]: https://www.lhv.ee/en "LHV — official"
[2]: https://en.wikipedia.org/wiki/LHV_Pank "LHV Pank — Wikipedia"
[ee-cro]: https://docs.barcoder.ai/docs/payments/EE

- [1] [LHV — official][1]
- [2] [LHV Pank — Wikipedia][2]
- <sup>[Estonia report](https://docs.barcoder.ai/docs/payments/EE)</sup> In-corpus: `reports/countries/EE-estonia.md`

## Source

Biography extracted from [lhv-bank.md](https://docs.barcoder.ai/source/wallets/lhv-bank). See `matrix.md` for standards-support matrix if present.