--- title: "Coop Finants AS · Payment institution (Estonian Financial Supervision Authority) · Estonia | Elucidate" description: "Coop Finants AS is authorised by Estonian Financial Supervision Authority as a payment institution in Estonia. Licence 12087992. LEI 391200XSEIZIU8SNCW94. Register status, licences, activities and ownership." url: https://elucidate.co/directory/coop-finants-as-05fe86f0e435 --- 1. [Directory](https://elucidate.co/directory) 2. [Estonia](https://elucidate.co/directory/country/ee) 3. Coop Finants AS Estonia · Payments & e-money # Coop Finants AS Coop Finants AS was an Estonian public limited company based in Tallinn. It was a 100% subsidiary of Coop Pank AS. Finantsinspektsioon (the Estonian Financial Supervision and Resolution Authority) listed it as a payment institution and a creditor. It offered small loans, instalment plans and the Säästukaart Pluss card to consumers in Estonia. It merged into Coop Pank AS on 1 April 2024 and was deleted from the Estonian Commercial Register. Coop Pank AS now provides the services to its former customers. Register status Licensed in Estonia Payment institution · Estonian Financial Supervision Authority Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#licences) BIC **No BIC** LEI **[391200XSEIZIU8SNCW94](https://search.gleif.org/#/record/391200XSEIZIU8SNCW94)** [Licence no. **12087992**](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#licences) [Merged or acquired](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#overview) ## Licences and registrations Held by Coop Finants AS (LEI 391200XSEIZIU8SNCW94). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Estonian Financial Supervision Authority | Payment institutionPayment Institution | 12087992 | [Estonia](https://elucidate.co/directory/country/ee) | Active | 2011-12-07 | — | - Payment services - Card acquiring | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary 100% Coop Pank AS Firm type Lending or buy now, pay later Trades as Coop Finants - **Standing · Merged or acquired:** Coop Finants AS merged into its parent Coop Pank AS on 1 April 2024. On that date the firm was deleted from the Estonian Commercial Register and Coop Pank AS became its legal successor. - **Ownership:** Coop Pank AS owned 100% of the firm until the merger of 1 April 2024. - **Direct parent:** [Coop Pank AS](https://elucidate.co/directory/coop-pank-aktsiaselts-ekrdee22), Estonia 100% - **Head office:** Maakri 30, 15014 Tallinn, Estonia (registered office: Narva mnt 4, 15014 Tallinn, Estonia) - **Company register:** Estonian Commercial Register 12087992 Sources · 7 pages consulted 1. [fi.ee/en/payment-services/payment-services/payment-institutions/estonian-payment-institutions/c](https://www.fi.ee/en/payment-services/payment-services/payment-institutions/estonian-payment-institutions/coop-finants) 2. [fi.ee/en/banking-and-credit/banking-and-credit/creditors/licensed-creditors-estonia-operating-e](https://www.fi.ee/en/banking-and-credit/banking-and-credit/creditors/licensed-creditors-estonia-operating-exception/coop-finants) 3. [fi.ee/en/news/finantsinspektsioon-issued-precepts-two-companies-coop-pank-group](https://www.fi.ee/en/news/finantsinspektsioon-issued-precepts-two-companies-coop-pank-group) 4. [cooppank.ee/en/coop-pank/news/coop-pank-and-coop-finants-merged](https://www.cooppank.ee/en/coop-pank/news/coop-pank-and-coop-finants-merged) 5. [globenewswire.com/news-release/2024/04/01/2854987/0/en/Completion-of-merger-of-Coop-Pank-AS-and-Coop-Finant](https://www.globenewswire.com/news-release/2024/04/01/2854987/0/en/Completion-of-merger-of-Coop-Pank-AS-and-Coop-Finants-AS.html) 6. [globenewswire.com/news-release/2024/03/05/2840640/0/et/Finantsinspektsioon-andis-Coop-Pank-AS-ile-loa-%C3%B](https://www.globenewswire.com/news-release/2024/03/05/2840640/0/et/Finantsinspektsioon-andis-Coop-Pank-AS-ile-loa-%C3%BChineda-Coop-Finants-AS-iga.html) 7. [globenewswire.com/news-release/2024/01/30/2820035/0/et/Muudatused-Coop-Finants-AS-juhatuses.html](https://www.globenewswire.com/news-release/2024/01/30/2820035/0/et/Muudatused-Coop-Finants-AS-juhatuses.html) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#overview-sources) - **Operates under:** Its own licences Finantsinspektsioon listed the firm as an Estonian payment institution and as a creditor. The firm no longer exists, and both activities passed to Coop Pank AS on the merger of 1 April 2024. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority) Estonia | Payment institution | 12087992 | In its own name | Withdrawn or expired | [fi.ee ↗](https://www.fi.ee/en/payment-services/payment-services/payment-institutions/estonian-payment-institutions/coop-finants) | | Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority) Estonia | Creditor | — | In its own name | Withdrawn or expired | [fi.ee ↗](https://www.fi.ee/en/banking-and-credit/banking-and-credit/creditors/licensed-creditors-estonia-operating-exception/coop-finants) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#overview-sources) - Lending - Merchant acquiring Until April 2024 it provided small loans, instalment plans and Säästukaart Pluss card agreements to consumers, and these agreements have since been serviced by Coop Pank AS. It served consumers in Estonia. - **Sells to:** Consumers - **Serves customers in:** Estonia ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coop-finants-as-05fe86f0e435#overview-sources) 1. Apr 2024 Merger / acquisition Coop Pank AS absorbed the firm, which was deleted from the Estonian Commercial Register on 1 April 2024. [globenewswire.com ↗](https://www.globenewswire.com/news-release/2024/04/01/2854987/0/en/Completion-of-merger-of-Coop-Pank-AS-and-Coop-Finants-AS.html) 2. Mar 2024 Licence Finantsinspektsioon approved the merger of Coop Pank AS with the firm, its 100% subsidiary. [globenewswire.com ↗](https://www.globenewswire.com/news-release/2024/03/05/2840640/0/et/Finantsinspektsioon-andis-Coop-Pank-AS-ile-loa-%C3%BChineda-Coop-Finants-AS-iga.html) 3. Jan 2024 Leadership The supervisory board appointed Karin Ossipova to the management board from 1 February 2024 until the merger. Jörgen Jõulu's term ended on 31 January 2024. [globenewswire.com ↗](https://www.globenewswire.com/news-release/2024/01/30/2820035/0/et/Muudatused-Coop-Finants-AS-juhatuses.html) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **Licence no. · EBA-PSD2:** 12087992 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [391200XSEIZIU8SNCW94 ↗](https://search.gleif.org/#/record/391200XSEIZIU8SNCW94) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** 05fe86f0e435 ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Payment services - Card acquiring - **Licensed in:** [Estonia](https://elucidate.co/directory/country/ee) · Europe & Central Asia - **First registered:** 2011-12-07 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records - **Direct parent:** [Coop Pank AS](https://elucidate.co/directory/coop-pank-aktsiaselts-ekrdee22) · Estonia[549300EHNXQVOI120S55 ↗](https://search.gleif.org/#/record/549300EHNXQVOI120S55) Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control. ## Addresses - **Address on the register:** Narva mnt 4, Tallinn, 15014 - **Country:** Estonia ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 391200XSEIZIU8SNCW94 Coop Finants AS 15014 Tallinn EE Narva mnt 4 ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Estonia - [Meieni OÜ No BIC Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 12013427 (EBA-PSD2) · LEI 984500E2FFC40C38A712](https://elucidate.co/directory/meieni-ou-683ce2f867e4) - [Adson AS No BIC Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 14892025 (EBA-PSD2) · LEI 98450091766FACAC4451](https://elucidate.co/directory/adson-as-1b0a8e8dffc6) - [AS Creditinfo Eesti No BIC Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 10256137 (EBA-PSD2) · LEI 9845008BFA7E7BB96Q81](https://elucidate.co/directory/as-creditinfo-eesti-ac19726c5917) - [Crowdestate AS BIC CRWDEE22 Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 14773059 (EBA-PSD2) · LEI 254900ZZM79Z7FFKW251](https://elucidate.co/directory/crowdestate-as-crwdee22) - [Crumblo OÜ No BIC Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 14534649 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/crumblo-ou-0c86ef4add09) - [Inhouse Pay AS BIC IHPYEE22 Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 14605379 (EBA-PSD2) · LEI 648825NKW56QTH575E23](https://elucidate.co/directory/inhouse-pay-as-ihpyee22) - [Ipf Digital AS BIC IPFDEE22 Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 11034137 (EBA-PSD2) · LEI 984500650D127F436942](https://elucidate.co/directory/ipf-digital-as-ipfdee22) - [Maaelu Edendamise Hoiu-Laenuuhistu BIC MAEHEE21 Payments & e-money Prudential licence Estonia · Licensed by Estonian Financial Supervision Authority · 10575428 (EBA-PSD2) · LEI 64880I7I463DRZT83Y16](https://elucidate.co/directory/maaelu-edendamise-hoiu-laenuuhistu-maehee21) [See all →](https://elucidate.co/directory/search?type=payments&cc=EE) [Other entries on EBA-PSD2 →](https://elucidate.co/directory/register/eba-psd2) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **EBA PSD2 Register**—European Banking Authority (EBA) · [source ↗](https://euclid.eba.europa.eu/register/pir/search) as at 25 September 2026 - **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI. - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.