Finterest Eesti OÜ was granted a license to operate as a credit intermediary

Ellex team in Estonia advised Finterest Eesti OÜ in obtaining a credit intermediary license from the Estonian Financial Supervision Authority. The licence was issued on April 28.

The license grants Finterest Eesti OÜ the right to intermediate the granting of credit to consumers or indicate the possibility to enter into a credit agreement to a consumer for a fee. Additionally, according to the license, Finterest Eesti OÜ may assist the consumer in acts preliminary to entering into to a credit agreement or in entering into the agreement and any other activities related thereto.

The process for applying for a credit intermediary license was advised by Partner Marko Kairjak, Counsel and Head of FinTech Anneli Krunks, and Associate Marion Müürsepp.