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e-Residency

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uuid002c3km

Namestring
e-Residency
Legal namestring
e-Residency of Estonia
Company typeenum
Private
Founded yearint
2014
Descriptiontext

e-Residency of Estonia is a government-issued digital identity programme launched in December 2014 by the Republic of Estonia, operated jointly by the Estonian Police and Border Guard Board and the Estonian Business and Innovation Agency (EIS). It provides global entrepreneurs with a government-backed digital ID card that enables secure online authentication and Qualified Electronic Signatures (QES) accepted across the EU, along with 100% digital incorporation of Estonian companies, remote access to the e-Tax portal, and a verified Marketplace of 100+ service providers offering accounting, legal, banking, and IP services. The underlying infrastructure is built on Estonia's X-Road-based e-governance stack, which also underpins state portals, business banking onboarding, and digital tax filing. A cardless mobile app using biometric authentication is in development to replace the physical card.

The programme targets location-independent entrepreneurs, freelancers, digital nomads, and tech startups across 170+ countries seeking borderless EU market access. Germany has emerged as the top source country, with 1,122 applications in 2025 (+49% YoY), and the UK is being actively courted via a dedicated UK Hub targeting post-Brexit founders. Community programming (Latitude59, sTARTUp Day, Garage48 hackathons, the Winning Friends podcast) and content marketing including country-comparison content (Estonia vs. France, Ireland, Lithuania, Dubai, Singapore, Delaware, Portugal, UK) drive acquisition.

The business model is primarily non-commercial by design: e-Residency is a state programme with a €150 per-application state fee that funds the issuance of the digital ID card. There is no recurring subscription on the ID itself; revenue-equivalent value is captured indirectly via (1) tax contributions from Estonian companies incorporated through the programme (Estonia applies 0% corporate income tax on reinvested profits and 22% on distributed profits); (2) economic activity routed through 100+ Marketplace partners (Xolo for accounting, InCorpora for full-service company formation, Wise/Revolut for business banking, Cloudvisor for cloud infrastructure); and (3) brand and capital flows into Estonia's broader startup ecosystem, where 48% of Estonian startups now involve e-residents. The programme is not a venture-backed entity and does not seek private investment.

Short descriptiontext

e-Residency of Estonia is a government-issued digital identity programme launched in 2014 that enables global entrepreneurs from 170+ countries to register and manage Estonian EU companies entirely online via a digital ID card, qualified electronic signatures, and a verified marketplace of 100+ service providers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersTallinn, Estonia
HQ citystring
Tallinn
HQ countrystring
Estonia
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital identity services, government e-services, remote company registration, electronic signature solutions, digital residency programme
Industry1 code
1Passport & Identity Document Management
CodeTHALAPABPrimaryYes
Product category
Digital Government Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1e-Residency Application Fees
TypeSubscription Recurring
Description

Government-issued digital identity programme funded by application and renewal fees charged to e-residents seeking to establish and manage EU companies online.

e-resident.gov.ee
2Service Provider Marketplace
TypeMarketplace Commission
Description

100+ verified marketplace service providers offer accounting, legal, banking, and business administration services to e-residents, creating a ecosystem of complementary service providers.

e-resident.gov.ee
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Pricing details2 tiers
1e-Residency Digital ID - New Application
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

€150 state fee for new e-Residency application, including digital ID card and kit.

e-resident.gov.ee
2e-Residency Digital ID - Renewal
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

€150 state fee for digital ID card renewal.

e-resident.gov.ee
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

e-Residency is a government-issued digital identity programme of the Republic of Estonia that provides global entrepreneurs with a Digital ID Card enabling secure online authentication and qualified electronic signatures. Using the card, e-residents can register and manage Estonian (EU) companies entirely online, access the e-Tax Portal for digital tax filing, and use a verified Marketplace of service providers for accounting, legal, and banking support.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Start a company in 1-2 days (vs weeks/months in other EU countries)
+5 more records
Product overview1 text field

e-Residency of Estonia is a government-issued digital identity programme that provides global entrepreneurs with remote access to Estonia's digital infrastructure for establishing and managing EU-based companies. The core offering consists of a Digital ID Card enabling secure online authentication and qualified electronic signatures, paired with fully online company registration services. Supporting infrastructure includes an e-Tax portal for digital tax compliance and a Marketplace platform with over 100 verified service providers for accounting, legal, banking, and administrative support. A cardless mobile app using biometric authentication is currently in development to further streamline access.

Product and service4 records
1e-Residency Digital ID Card
CategoryDigital Identity
Description

A government-issued digital identity card issued to global entrepreneurs that enables secure online authentication, qualified electronic signatures, and access to Estonian e-services including company registration, tax filing, and business banking.

2Online Company Registration
CategoryCompany Registration Services
Description

A fully online service allowing e-residents to register an Estonian EU-based company entirely online using their Digital ID Card, with incorporation achievable in as little as 15 minutes to 2 hours and an average of 1-2 days.

3e-Tax Portal Access
CategoryTax Compliance Services
Description

Remote access to Estonia's digital tax system for e-residents to declare and pay taxes, submit annual reports, and manage company tax obligations entirely online without physical presence.

4e-Residency Marketplace
CategoryService Provider Marketplace
Description

A verified marketplace platform that connects e-residents with 100+ third-party service providers offering accounting, legal consultation, tax services, business advice, banking, IP registration, and other administrative support for running Estonian companies.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierCoreTypeTechnology or Integration
Description

Accounting service provider combining human support and AI tooling for thousands of Estonian e-resident businesses; named #1 accounting company in Estonia. Offers Pro plan with 2 months free promotion.

Strategic tierCoreTypeTechnology or Integration
Description

Full-service firm providing corporate, accounting, back-office, and banking support to e-resident company owners; trusted marketplace member offering company formation with bank account in one week.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Government initiative supporting Estonia's startup ecosystem; co-manages Startup Database connecting e-resident founders; provides accelerator programmes and startup resources.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Estonian innovation organization hosting hackathons globally; co-organized Hack the Future event connecting Estonia's ecosystem with global challenges; hosted 200+ hackathons in 25 countries.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Premier Estonian tech and startup event during which hackathons and e-Residency community activities are hosted; brings together global founders, investors, and impact-makers.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Government agency managing e-Residency programme alongside Estonian Police and Border Guard Board; provides IP protections, counselling, and support for e-resident businesses.

7Estonian Police and Border Guard Board
Strategic tierCoreTypeOthers
Description

Government authority responsible for processing e-Residency applications, conducting background checks, and issuing digital ID cards.

e-resident.gov.ee
8City of Tallinn
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Co-sponsored Hack the Future hackathon supporting innovation collaboration between Estonia and Valencia region.

e-resident.gov.ee
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Automated legal paperwork and incorporation for US startups and venture-backed companies; comparable only at the formation layer and primarily serves a US-resident audience.

TypeDirect peer
Description

Stripe Atlas offers digital-first US (Delaware) company formation with banking and tax support for global founders, the closest commercial analogue to e-Residency's value proposition of remote company formation for non-residents.

TypeBroad incumbent
Description

Large-scale US company formation and legal services platform; broader consumer/SMB legal offering that includes the LLC and corporation formation use case overlapping with e-Residency's remote formation.

TypeDirect peer
Description

Doola offers US LLC formation, registered agent, banking, tax, and compliance packages for non-US founders, targeting the same global entrepreneur persona as e-Residency.

TypeOthers
Description

EU-licensed fintech providing remote-onboardable business accounts for e-residents; adjacent ecosystem enabler rather than direct competitor in identity or formation.

TypeDirect peer
Description

Firstbase provides remote US company incorporation, EIN, banking, and compliance for international founders, directly competing for the same digital nomad / location-independent entrepreneur segment.

TypeOthers
Description

EU-licensed fintech offering multi-currency business banking used by e-residents and listed as a marketplace partner; relevant as adjacent infrastructure rather than direct competitor.

8Lithuania e-Residency
TypeDirect peer
Description

Government-run e-Residency programme launched in 2021 as the third country to offer such a service; competes head-to-head with Estonia's programme for EU market-access digital residency.

TypeEmerging player
Description

Government-issued digital residency programme on a blockchain-based identity layer, positioned as a comparable alternative for global entrepreneurs outside the EU ecosystem.

TypeRegional player
Description

Portugal's tax-residency programme targeting international entrepreneurs and remote workers; a regional/competing residency-by-tax-incentive offering for the same persona.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

e-Residency

Digital Government Servicese-resident.gov.ee

e-Residency of Estonia is a government-issued digital identity programme launched in 2014 that enables global entrepreneurs from 170+ countries to register and manage Estonian EU companies entirely online via a digital ID card, qualified electronic signatures, and a verified marketplace of 100+ service providers.

What e-Residency does

e-Residency of Estonia is a government-issued digital identity programme launched in December 2014 by the Republic of Estonia, operated jointly by the Estonian Police and Border Guard Board and the Estonian Business and Innovation Agency (EIS). It provides global entrepreneurs with a government-backed digital ID card that enables secure online authentication and Qualified Electronic Signatures (QES) accepted across the EU, along with 100% digital incorporation of Estonian companies, remote access to the e-Tax portal, and a verified Marketplace of 100+ service providers offering accounting, legal, banking, and IP services. The underlying infrastructure is built on Estonia's X-Road-based e-governance stack, which also underpins state portals, business banking onboarding, and digital tax filing. A cardless mobile app using biometric authentication is in development to replace the physical card.

The programme targets location-independent entrepreneurs, freelancers, digital nomads, and tech startups across 170+ countries seeking borderless EU market access. Germany has emerged as the top source country, with 1,122 applications in 2025 (+49% YoY), and the UK is being actively courted via a dedicated UK Hub targeting post-Brexit founders. Community programming (Latitude59, sTARTUp Day, Garage48 hackathons, the Winning Friends podcast) and content marketing including country-comparison content (Estonia vs. France, Ireland, Lithuania, Dubai, Singapore, Delaware, Portugal, UK) drive acquisition.

The business model is primarily non-commercial by design: e-Residency is a state programme with a €150 per-application state fee that funds the issuance of the digital ID card. There is no recurring subscription on the ID itself; revenue-equivalent value is captured indirectly via (1) tax contributions from Estonian companies incorporated through the programme (Estonia applies 0% corporate income tax on reinvested profits and 22% on distributed profits); (2) economic activity routed through 100+ Marketplace partners (Xolo for accounting, InCorpora for full-service company formation, Wise/Revolut for business banking, Cloudvisor for cloud infrastructure); and (3) brand and capital flows into Estonia's broader startup ecosystem, where 48% of Estonian startups now involve e-residents. The programme is not a venture-backed entity and does not seek private investment.

e-Residency firmographics

Firmographics
Name
e-Residency
Legal name
e-Residency of Estonia
Website
https://e-resident.gov.ee
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
e-Residency of Estonia is a government-issued digital identity programme launched in 2014 that enables global entrepreneurs from 170+ countries to register and manage Estonian EU companies entirely online via a digital ID card, qualified electronic signatures, and a verified marketplace of 100+ service providers.
Ownership category
akta.pro rank

e-Residency industry classification

Industry
Product category
Digital Government Services
akta.pro primary industry
Passport & Identity Document Management (THALAPAB)

Keywords

  • Digital identity services
  • Government e-services
  • Remote company registration
  • Electronic signature solutions
  • Digital residency programme

Where e-Residency is headquartered

Location

Headquarters

HQ city
Tallinn
HQ country
Estonia
HQ region
Europe

Offices2 records

Markets served

e-Residency business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. e-Residency Application Fees: Government-issued digital identity programme funded by application and renewal fees charged to e-residents seeking to establish and manage EU companies online.
  2. Service Provider Marketplace: 100+ verified marketplace service providers offer accounting, legal, banking, and business administration services to e-residents, creating a ecosystem of complementary service providers.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goe-Residency Digital ID - New Application
One time/ perpetual licensePay-as-you-goe-Residency Digital ID - Renewal

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

e-Residency product offering

Product offering

Core offering

e-Residency is a government-issued digital identity programme of the Republic of Estonia that provides global entrepreneurs with a Digital ID Card enabling secure online authentication and qualified electronic signatures. Using the card, e-residents can register and manage Estonian (EU) companies entirely online, access the e-Tax Portal for digital tax filing, and use a verified Marketplace of service providers for accounting, legal, and banking support.

Product overview

e-Residency of Estonia is a government-issued digital identity programme that provides global entrepreneurs with remote access to Estonia's digital infrastructure for establishing and managing EU-based companies. The core offering consists of a Digital ID Card enabling secure online authentication and qualified electronic signatures, paired with fully online company registration services. Supporting infrastructure includes an e-Tax portal for digital tax compliance and a Marketplace platform with over 100 verified service providers for accounting, legal, banking, and administrative support. A cardless mobile app using biometric authentication is currently in development to further streamline access.

Differentiator

Problem solved

Functional benefit

Products and services

  • e-Residency Digital ID Card A government-issued digital identity card issued to global entrepreneurs that enables secure online authentication, qualified electronic signatures, and access to Estonian e-services including company registration, tax filing, and business banking.
  • Online Company Registration A fully online service allowing e-residents to register an Estonian EU-based company entirely online using their Digital ID Card, with incorporation achievable in as little as 15 minutes to 2 hours and an average of 1-2 days.
  • e-Tax Portal Access Remote access to Estonia's digital tax system for e-residents to declare and pay taxes, submit annual reports, and manage company tax obligations entirely online without physical presence.
  • e-Residency Marketplace A verified marketplace platform that connects e-residents with 100+ third-party service providers offering accounting, legal consultation, tax services, business advice, banking, IP registration, and other administrative support for running Estonian companies.

Quantifiable outcome

  • Start a company in 1-2 days (vs weeks/months in other EU countries)
  • +5 more outcomes

Companies that use e-Residency

Customer profile

Named customers12 records

Segments5 records

Ideal customer profiles4 records

e-Residency technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

e-Residency partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and minor.

  • XolocoreTechnology or IntegrationAccounting service provider combining human support and AI tooling for thousands of Estonian e-resident businesses; named #1 accounting company in Estonia. Offers Pro plan with 2 months free promotion.
  • InCorporacoreTechnology or IntegrationFull-service firm providing corporate, accounting, back-office, and banking support to e-resident company owners; trusted marketplace member offering company formation with bank account in one week.
  • Startup EstoniacoreStrategic or Co-development PartnerGovernment initiative supporting Estonia's startup ecosystem; co-manages Startup Database connecting e-resident founders; provides accelerator programmes and startup resources.
  • Garage48coreStrategic or Co-development PartnerEstonian innovation organization hosting hackathons globally; co-organized Hack the Future event connecting Estonia's ecosystem with global challenges; hosted 200+ hackathons in 25 countries.
  • Latitude59minorStrategic or Co-development PartnerPremier Estonian tech and startup event during which hackathons and e-Residency community activities are hosted; brings together global founders, investors, and impact-makers.
  • Estonian Business and Innovation Agency (EIS)coreStrategic or Co-development PartnerGovernment agency managing e-Residency programme alongside Estonian Police and Border Guard Board; provides IP protections, counselling, and support for e-resident businesses.
  • Estonian Police and Border Guard BoardcoreOthersGovernment authority responsible for processing e-Residency applications, conducting background checks, and issuing digital ID cards.
  • City of TallinnminorStrategic or Co-development PartnerCo-sponsored Hack the Future hackathon supporting innovation collaboration between Estonia and Valencia region.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

e-Residency competitors and assessment

Company assessment

Emerging players

  • Clerky: Automated legal paperwork and incorporation for US startups and venture-backed companies; comparable only at the formation layer and primarily serves a US-resident audience.
  • Palau Digital Residency: Government-issued digital residency programme on a blockchain-based identity layer, positioned as a comparable alternative for global entrepreneurs outside the EU ecosystem.

Direct peers

  • Stripe Atlas: Stripe Atlas offers digital-first US (Delaware) company formation with banking and tax support for global founders, the closest commercial analogue to e-Residency's value proposition of remote company formation for non-residents.
  • Doola: Doola offers US LLC formation, registered agent, banking, tax, and compliance packages for non-US founders, targeting the same global entrepreneur persona as e-Residency.
  • Firstbase: Firstbase provides remote US company incorporation, EIN, banking, and compliance for international founders, directly competing for the same digital nomad / location-independent entrepreneur segment.
  • Lithuania e-Residency: Government-run e-Residency programme launched in 2021 as the third country to offer such a service; competes head-to-head with Estonia's programme for EU market-access digital residency.

Broad incumbents

  • LegalZoom: Large-scale US company formation and legal services platform; broader consumer/SMB legal offering that includes the LLC and corporation formation use case overlapping with e-Residency's remote formation.

Others

  • Revolut Business: EU-licensed fintech providing remote-onboardable business accounts for e-residents; adjacent ecosystem enabler rather than direct competitor in identity or formation.
  • Wise (formerly TransferWise): EU-licensed fintech offering multi-currency business banking used by e-residents and listed as a marketplace partner; relevant as adjacent infrastructure rather than direct competitor.

Regional players

  • Portugal Non-Habitual Resident Programme: Portugal's tax-residency programme targeting international entrepreneurs and remote workers; a regional/competing residency-by-tax-incentive offering for the same persona.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

e-Residency social profiles

Digital presence

e-Residency financial estimates

Financial estimate

Revenue estimate

Valuation estimate

e-Residency leadership team

Management profile

Number of profiles

Profiles6 records

e-Residency funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

e-Residency M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about e-Residency

What does e-Residency do?

e-Residency is a government-issued digital identity programme of the Republic of Estonia that provides global entrepreneurs with a Digital ID Card enabling secure online authentication and qualified electronic signatures. Using the card, e-residents can register and manage Estonian (EU) companies entirely online, access the e-Tax Portal for digital tax filing, and use a verified Marketplace of service providers for accounting, legal, and banking support.

Is e-Residency a public or private company?

e-Residency is a private company. It is classified as state government owned and is currently operating.

When was e-Residency founded?

e-Residency was founded in 2014. It employs 11 to 50 people.

Where is e-Residency based?

e-Residency is headquartered in Tallinn, Estonia, in the Europe region.

How does e-Residency make money?

Two revenue lines are on record. e-Residency Application Fees are the primary driver. The others are service Provider Marketplace.

Who are e-Residency's main competitors?

Emerging players on record are Clerky and Palau Digital Residency. Direct peers are Stripe Atlas, Doola, Firstbase and Lithuania e-Residency. LegalZoom is listed as a broad incumbent. Others are Revolut Business and Wise (formerly TransferWise). Portugal Non-Habitual Resident Programme is listed as a regional player.

Does e-Residency have an API?

No public API is recorded for e-Residency.

What industry is e-Residency in?

e-Residency's product category is Digital Government Services. Its primary akta.pro industry code is THALAPAB, Passport & Identity Document Management.

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Live signals
The Baltic TimesGerman entrepreneurs increasingly choose Estonian e-ResidencyGermany has become the top source country for Estonia's e-Residency programme, with German applications rising 49% to 1,122 in 2025 and 395 new Estonian companies founded by German e-residents, a 32% year-on-year increase and the highest in three years. The programme enables foreign entrepreneurs to register companies online without travelling to Estonia, a process German founders describe as faster and less bureaucratic than setting up in Germany. Over 8,500 Germans have become e-residents since 2014, creating nearly 3,000 Estonian companies, with business consulting and IT/software as the most popular sectors.SecurityBrief UKUK founders see AI-first startups rising, trust costs soarResearch published by Estonia's e-Residency programme found that 75% of 250 UK entrepreneurs and SME leaders believe most new startups will be "AI-first" by 2030, with 70% predicting companies failing to adopt AI will be outcompeted within five years. The survey also highlights a growing "trust tax" as businesses spend an average of 16% of operational costs on digital trust and security, with 73% reporting at least one online risk challenge in the past year. Estonia's e-Residency programme is presented as a cross-border option for UK founders seeking to trade internationally as AI becomes more central to products and operations.PR NewswireTrueProfile.io Joins Estonia's e-Residency Marketplace to Encourage Trusting, Professional Relationships Between Global EntrepreneursTrueProfile.io, a provider of professional document verification services, has been approved as a member of Estonia's e-Residency marketplace, enabling e-Residents to verify their digital credentials and professional documents. The partnership aims to address trust challenges faced by global entrepreneurs conducting business remotely by offering verified professional profiles. TrueProfile.io is offering free education verification for the first 1,000 e-Residents who sign up, followed by a 33% discount on subsequent verifications.PR NewswireChange - the first decentralised crypto bank for e-residentsChange, a company based in Singapore and Estonia, is launching a marketplace that provides access to various financial services along with a spending card, supported by an upcoming initial coin offering (ICO) on September 16. The ICO aims to raise funds to develop the first decentralized crypto bank, leveraging the e-Residency program from the Government of Estonia to enhance financial inclusion. The marketplace will utilize blockchain technology to connect users with specialized fintech service providers, streamlining the process through an open API system.