When was ESTO founded?

ESTO was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is ESTO located?

ESTO is headquartered in Tallinn, Estonia. It is registered at Rīga, Gustava Zemgala gatve 74.

How many employees does ESTO have?

As of Jun 30, 2026, the latest employee count at ESTO is 117.

Is ESTO a funded company?

ESTO is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2022.

When was the latest funding round of ESTO?

ESTO's latest funding was a $***** Conventional Debt round on May 28, 2024, with participation from 1 investor.

Where does ESTO rank among its competitors?

ESTO ranks 6th amongst 15 active competitors, none of which are funded.

Who are the top competitors of ESTO?

ESTO's top competitors include International Personal Finance, Creditstar and Inbank. Among them, Creditstar secured the most recent funding round in October, 2025.

ESTO - 2026 Company Profile, Team, Funding & Competitors

ESTO is a funded company based in Tallinn (Estonia), founded in 2016 by Mikk Mihkel Nurges. It operates as a Provider of consumer credit lines loans and deferred payment options. ESTO has raised an undisclosed amount in funding. The company has 15 active competitors, including 1 that has exited. Its top competitors include companies like International Personal Finance, Creditstar and Inbank.

Company Details

Provider of consumer credit lines loans and deferred payment options. Financial services include revolving credit lines, installment loans, and deferred payment plans for retail purchases. Additional offerings include insurance products designed to cover income loss during periods of illness. These financial tools allow individuals to manage personal expenditures and facilitate transactions at various retail merchants.

Website: global.esto.eu/
Registered Address: Rīga, Gustava Zemgala gatve 74

Key Metrics

Founded Year

2016

Location

Tallinn, Estonia

Stage

Funding Raised

Latest Funding Round

Conventional Debt, May 28, 2024, $*****

Investors

Ferratum Global

Ranked

6^th among 15 active competitors

Employee Count

117 as on Jun 30, 2026

Similar Companies

SoFi & 611 more

View ESTO's full profile

ESTO is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ESTO LV CIN: 40103050993 , Latvia, Active	May 15, 1992	€1M - €10M (As on Dec 31, 2024)	4 (As on Dec 31, 2022)	-

ESTO has raised funding over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Conventional Debt round on May 28, 2024 for $*****. 1 investor participated in its latest round. ESTO has 1 institutional investor.

Here is the list of recent funding rounds of ESTO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 28, 2024	5709626	Conventional Debt	7239617	5385707	1158803	5890010
2022	7833	Conventional Debt	4132	1114	4960	Ferratum Global

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View details of ESTO's funding rounds and investors

The founders of ESTO is Mikk Mihkel Nurges.

Here are the details of ESTO's key team members:

Mikk Mihkel Nurges: Co-Founder of ESTO.
Contact Info: 1 email address

View details of ESTO's Founder profiles and Board Members

ESTO's employee count trend

ESTO has 117 employees as of Jun 26. Here is ESTO's employee count trend over the years:

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Top competitors of ESTO include International Personal Finance, Creditstar and Inbank. Here is the list of Top 10 competitors of ESTO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	International Personal Finance 2007, Leeds (United Kingdom), Acquired	Lending platform that offers consumer loans and offline home credits	-	-	50/100
2nd	Creditstar 2006, Tallinn (Estonia), Funding Raised	Online lending marketplace for consumer loans	-	Kilde	42/100
3rd	Inbank 2011, Tallinn (Estonia), Funding Raised	Provider of embedded financing solutions for retail businesses. This company offers a platform that integrates financing directly into the point of sale, enabling merchants to offer flexible payment options to customers. The platform handles credit and fraud risk, allowing merchants to receive payments upfront while customers pay over time. Solutions are tailored to various retail models, both online and offline, facilitating seamless transactions for both merchants and consumers. The company also provides digital financing tools for personal use.	-	Goose Valley Ventures, Starter	42/100
4th	IPF Digital 2005, Tallinn (Estonia), Unfunded	Provider of online personal loan products	-	-	41/100
5th	Ferratum Group 2005, Helsinki (Finland), Deadpooled	Online/mobile based short term loans provider	-	Pontos	31/100
6th	ESTO 2016, Tallinn (Estonia), Funding Raised	Provider of consumer credit lines loans and deferred payment options	-	Ferratum Global	29/100
7th	Forex Invest Group 2024, Tallinn (Estonia), Unfunded	Platform offering financial solutions	-	-	24/100
8th	Vordle 2016, Tallinn (Estonia), Unfunded	Platform offering loan solutions	-	-	23/100
9th	Sissenoudekeskus 2009, Tallinn (Estonia), Unfunded	Platform offering loan solutions	-	-	23/100
10th	Pawnhouse 2014, Tallinn (Estonia), Unfunded	Provider of lending solutions for consumer financial management	-	-	22/100