Lending software for Estonia

Europe’s most digital state, where Smart-ID and e-signatures make a fully remote loan the default. lendhero arrives with Creditinfo Estonia, Smart-ID and SEPA already connected, so your team configures products instead of plumbing.

See the local stack
  • EUR (€)
  • Estonian, English
  • 15 local connectors
  • 1–2 weeks to launch

Tere, Kadri

Approved3 000 €

790

Credit score

On-time payments

Monthly payment98 €

Market profile

Estonia at a glance

What lendhero is set up for in Estonia before your team logs in.

Currency

EUR (€)

Languages

Estonian, English

Supervisor

Finantsinspektsioon

Credit data

Creditinfo Estonia, Lender data

Payout rails

SEPA, SEPA Instant

Data protection

GDPR

15
local connectors wired in before kickoff
EUR
for pricing, payouts and repayments
1–2
weeks from kickoff to the first loan
2
interface languages: Estonian, English

Working with borrowers in Estonia

Tools for every borrower conversation

Borrowers in Estonia apply, sign, pay and come back for repeat loans in Estonian and EUR.

Applications in minutes

Borrowers apply on the web or in the app, and staff file applications from the back office. A half-filled form waits for them to come back.

New application

Draft saved
Step 2 of 4 · Personal detailsStep 2/4

Reminders that get read

Approvals, due dates and overdue notices go out by WhatsApp Business and Sinch automatically.

Your application is approvedWhatsApp Business
Your payment is due tomorrowSinch
New receipt in your portalSMS

Rewards for repeat borrowers

Points for on-time payments, promo codes for campaigns and manual adjustments by staff.

WELCOMEfirst loan
Bonus balance1,240 pts

A portal for repeat loans

Repeat borrowers reapply without retyping data, extend or repay from their phone.

Extend loan
Repay early
Refinance

Contracts without paperwork

Loan agreements, extension requests and receipts are generated and e-signed in Estonian.

Loan agreementSigned
Extension requestReady
Payment receiptDraft

Decisioning

Decisions in seconds, explained in plain words

Third-party and built-in checks run in one flow, for individuals and businesses. Every approval and decline shows the rules and scores behind it.

  • Every check in one passAnti-fraud, identification, credit bureaus, sanctions and digital footprint.
  • Rules you can readYour team can answer any borrower about why.

Application #48213

Kadri · Consumer loan, 6 months · 3 000 €

Approved
Credit score712
  • IdentityVerified
  • Anti-fraudPassed
  • Credit bureau712
  • Debt-to-income31%
  • Sanctions & watchlistsClear
Decision time28 s

Local stack

The Estonia stack, connected before kickoff.

Creditinfo Estonia, Smart-ID, SEPA and WhatsApp Business are wired in before launch. Anything else comes through the open API.

  • Credit bureaus & registries2 connectors
    • CCreditinfo Estonia
    • LLender data
  • Identity & KYC3 connectors
    • SSmart-ID
    • MMobile-ID
    • VVeriff
  • Bank & alternative data2 connectors
    • TTink
    • SSalt Edge
  • Disbursement rails2 connectors
    • SSEPA
    • SSEPA Instant
  • Repayments & collections2 connectors
    • SSEPA Direct Debit
    • CCard
  • Messaging3 connectors
    • WWhatsApp Business
    • SSinch
  • E-signature2 connectors
    • SSmart-ID
    • DDokobit

Checks and payments

Who borrows and how money moves in Estonia

Applicants are checked with Creditinfo Estonia and Lender data, and money moves via SEPA and SEPA Instant.

Client checks

Checks connected in Estonia:

  • Anti-fraud servicesDevice, behaviour and blacklist checksPass
  • Identity verificationSmart-ID, Mobile-ID, VeriffPass
  • Credit bureausCreditinfo Estonia, Lender dataPass
  • Government registriesNational ID and tax registriesPass
  • Bank and alternative dataTink, Salt EdgeReview
  • Additional data sourcesTelco, open banking and your own listsAuto

Payment infrastructure

Payment rails connected in Estonia:

DisbursementSEPA, SEPA Instant in EUR
RepaymentSEPA Direct Debit, Card
Status checksEvery payment tracked until it settles
Reversals and refundsCancel or refund with a full audit trail
  • SEPA
  • SEPA Instant
  • SEPA Direct Debit
  • Card

Loan servicing

Every loan and every repayment on one screen

Edit terms, recalculate interest, apply penalties and follow the full schedule without exporting anything.

  • Automatic calculations for every loanInterest, fees and penalties in EUR are calculated by a dedicated engine with 200+ configurable parameters. Staff can still adjust any amount by hand, and every change is logged.
  • Loan products in minutesSet up consumer, instalment and business products with their rules and scenarios in the admin panel, without a release.
  • Notifications tied to every calculationEach due date, penalty and recalculation sends the right message to the borrower and your team.

Loan #48213

3 000 €

On track
Auto-calculated · 200+ parametersManual edit
Repaid 1 070 € of 3 210 €2 of 6 payments
DateAmountStatus
Sep 4540 €Paid
Oct 4540 €Paid
Nov 4540 €Due in 7 days
Dec 4540 €Upcoming
Jan 4540 €Upcoming
Reminder sentYour payment of 540 € is due Nov 4

Loan flow

How a loan runs in Estonia. Five steps, all local.

  1. 01ApplyBorrowers apply on the web, in the app or via email, with forms in Estonian and English.
  2. 02VerifyIdentity and documents are checked through Smart-ID and Mobile-ID.
  3. 03DecideScorecards pull Creditinfo Estonia and Lender data data and return a decision in seconds.
  4. 04DisburseFunds go out via SEPA or SEPA Instant in EUR, straight after signing.
  5. 05CollectRepayments arrive via SEPA Direct Debit and Card, with reminders over WhatsApp Business.

Portals

One platform, three portals

Everyone works in the same system and sees only what their role allows.

My loan

3 000 €

Next payment

540 € · Nov 4

Pay now

Extend loan

Customer portal

Borrowers apply, repay, extend and track loans online.

Applications

KadriVerifierApproved
Daniel O.AnalystReview
Maria L.RiskApproved
Tomas K.AnalystDeclined
Lena P.VerifierReview

Staff portal

Managers, analysts, risk, verifiers and collectors work side by side.

Role · Verifier

12 users
View applications
Verify documents
Approve loans
Edit loan terms
Export reports

Super-admin portal

Products, roles, permissions and rules change without a release.

Products

What lenders in Estonia launch on .

Consumer instalment loansPersonal loans signed with Smart-ID.
P2P lendingMarketplace loans funded by investors across Europe.
Business lendingLoans for SMEs and startups.

Compliance

Configured for Finantsinspektsioon and GDPR.

lendhero is software: the licence stays yours. We set the platform up for the rules you operate under in Estonia.

Hosting & data residency

Cloud or on-premise deployment, with data stored where GDPR requires.

Consent & privacy

Borrower consents are captured, versioned and logged under GDPR.

Pricing & disclosures

Rates, fees and cost-of-credit disclosures set per product for Finantsinspektsioon rules.

Audit trail

Every decision, edit and message is logged for internal and external audits.

More markets in Northern Europe

All Europe markets

Questions

Frequently asked

Didn’t find the answer? Write to us and we’ll reply within one business day.

Can lendhero run a lending business in Estonia?+

Yes. The platform is set up for EUR, Estonian and English and Finantsinspektsioon requirements, with 15 local connectors ready on day one.

Which credit data sources are connected in Estonia?+

Creditinfo Estonia, Lender data. On top of that, identity checks run through Smart-ID, Mobile-ID and Veriff and bank data comes from Tink and Salt Edge.

How do borrowers get paid and repay?+

Payouts go out via SEPA and SEPA Instant in EUR. Repayments arrive via SEPA Direct Debit and Card, with reminders over WhatsApp Business and Sinch.

How long does a launch in Estonia take?+

Usually 1–2 weeks from kickoff to the first loan, including connecting 15 local services, product setup, staff training and a test run.

Can we run several countries on one platform?+

Yes. One installation serves several countries, each with its own currency, products, languages and local connectors.

Book a demo

Lending in Estonia? Let’s plan the launch.

We’ll walk you through the platform, show what matters for your products and answer questions about your business.

  • A 30-minute call
  • A walkthrough on your products and markets
  • Answers on timeline, integrations and pricing

Tell us about your lending

We reply within one business day.

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