Finantsinspektsioon has withdrawn the licence as a crowdfunder from Crowdestate AS

Finantsinspektsioon has withdrawn Crowdestate AS’s crowdfunding licence following the company’s own application, while its payment institution licence remains active. The regulator mandates that Crowdestate immediately cease all crowdfunding activities and ensure the lawful execution of all outstanding client contracts. The company must fully protect client interests during the wind-down period and maintain compliance with all applicable financial regulations.

Get EFSA alerts — same-day email on every new publication.

06/05/2026

On 13 April Finantsinspektsioon withdrew the licence as a provider of crowdfunding services issued on 6 March 2023 to Crowdestate AS. The licence was withdrawn following an application from the company itself. The company’s licence as a payment institution will remain valid.

After the withdrawal of the licence, Crowdestate AS may no longer provide crowdfunding services. It must ensure that its current contracts are executed correctly and that the interests of its clients are protected in accordance with the legal requirements. The list of crowdfunders licensed by Finantsinspektsioon can be found on the Finantsinspektsioon website.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Estonian Financial Supervision Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works