Sorbet

What Sorbet does

Sorbet Payments OÜ is a Tallinn-based fintech building a regulated Open Banking (PSD2) orchestration layer for Estonian e-resident companies. Its core product is a multi-bank cockpit that connects to LHV, SEB, Swedbank, Luminor, Wise, Revolut, and PayPal via AIS (Account Information Services) and PIS (Payment Initiation Services) APIs, giving a single small OÜ a unified view of balances and the ability to initiate SEPA payments from any connected account. Sorbet does not hold funds; it routes authentication to the user's bank via Strong Customer Authentication and orchestrates execution through regulated rails. Layered on top are a smart invoice inbox with auto-parsing, "Pay by bank" invoicing with automatic payment matching, light-touch VAT and EU footprint hints, a cash and runway dashboard, and standardized monthly exports into Merit, SimplBooks, SmartAccounts, and CSV for accountant handoff.

The go-to-market combines a product-led self-serve web application (app.sorbet.ee) with an invitation-only early access program called Founder Pilot, plus a parallel Accountant Partner channel targeting accounting firms serving 20–500 Estonian OÜ clients. Revenue mechanics are subscription-based: Founder Pilot is free during early access, with a published post-beta Starter tier at €39/company/month and custom Accountant Partner pricing. Add-on bundles for compliance and VAT advisory are delivered through a partner entity called Sorbet Software at €15–€24/month, and separate Freedom / Freedom Plus / Freedom Lifetime pricing variants (€11.99–€499) exist for users prioritizing payment transfer bundles. The company holds ISO 27001 certification, is GDPR compliant with EU data residency, and operates under PSD2-compliant AIS/PIS connections, but has not disclosed funding, paying customers, revenue, or leadership.

Name

Sorbet

Legal name

Sorbet Payments OÜ

Website

https://sorbet.ee

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Sorbet is a Tallinn-based fintech providing a PSD2-regulated multi-bank cockpit for Estonian e-resident OÜ companies. It aggregates balances and initiates SEPA payments across EU banks and fintechs, adds invoicing and accountant-ready exports, and sells via subscription through self-serve and accountant partner channels.

Ownership category

akta.pro rank

Product category

Open Banking Business Finance Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB)

akta.pro secondary industries

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Open Banking platform
• Multi-bank aggregation
• Business payments orchestration
• EU business finance
• E-resident banking tools

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Per-company Subscription (Core): Monthly subscription fee per company account. Pricing is per company cockpit, not per connected bank account. During early access, selected founders use Sorbet for free. Post-beta Starter plan at €39/company/month for 1-5 person OÜs.
2. Accountant Partner Plans: Custom per-firm pricing for accounting firms serving 20-500 Estonian OÜ clients. Typically agreed as per-client or per-bundle rate depending on volumes and depth of collaboration. Firms can pay on behalf of their clients.
3. Compliance-as-a-Service Add-on: Compliance-as-a-Service offering at €17/month for automated compliance tasks, invoice reconciliation, and financial reporting. Provided by partner Sorbet Software.
4. VAT Advisory Add-on: VAT guidance and advisory services at €15/month providing jurisdiction-specific VAT advice updated as regulations change. Provided by partner Sorbet Software.
5. Full Package Bundle: Combined Compliance and VAT advisory package at €24/month including automated compliance tasks, VAT guidance, invoice reconciliation, financial reporting, and scalable support. Provided by partner Sorbet Software.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Sorbet provides a Finance OS / orchestration layer purpose-built for Estonian e-resident companies (OÜ entities) that connects to existing EU business bank accounts via regulated PSD2 Open Banking APIs (AIS and PIS). It delivers a multi-bank cockpit for viewing balances across banks, payment initiation from any connected account, a smart invoice inbox, invoicing with pay-by-bank, VAT and EU footprint hints, and accountant-ready export formats, with optional bundled compliance and VAT services.

Product overview

Sorbet is a Finance OS (orchestration layer) for Estonian e-resident companies that connects to existing business banks via regulated Open Banking APIs. The core platform consists of a Multi-bank Cockpit (AIS) for viewing balances across connected accounts, Pay from Any Account (PIS) for initiating SEPA payments, Smart Invoice Inbox for invoice capture and parsing, Invoicing with Pay by Bank for payment matching, VAT & EU Footprint Hints for tax compliance, and Accountant-Ready Exports for audit trails. Pricing is structured as Founder Pilot (free during early access), Starter (€39/month post-beta), and Accountant Partner (custom pricing). Add-on services from partner Sorbet Software include Compliance-as-a-Service (€17/month), VAT Guidance (€15/month), and Full Package (€24/month). The platform is NOT a bank—it never holds client funds, only orchestrates connections to regulated banking partners including LHV, SEB, Swedbank, Luminor, Wise, Revolut, and PayPal, with exports compatible with Merit, SimplBooks, and SmartAccounts.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-bank Cockpit (AIS)

Quantifiable outcome

• Up to 50 SEPA transfers per month bundled into the plan
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature8 records

Partnerships

One partnership is on record.

• Sorbet SoftwarecoreOthersSorbet Software is a partner entity that provides Compliance-as-a-Service and VAT Advisory add-on services. They offer monthly compliance task automation, VAT guidance and advisory, invoice reconciliation, and financial reporting. Sorbet Software packages start at €24/month for the full package, €17/month for compliance-only, and €15/month for VAT advisory standalone.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• TrueLayer: UK-based regulated AISP/PISP providing bank connectivity APIs across Europe. Direct functional overlap with Sorbet's AIS/PIS orchestration layer for SMB and consumer finance use cases, though TrueLayer focuses on platform/API distribution vs. Sorbet's end-user cockpit.
• Yapily: UK-based AISP/PISP providing open banking connectivity across European banks. Comparable in regulated AIS/PIS infrastructure serving SMB/fintech use cases; Sorbet owns the end-user product rather than selling connectivity to third parties.
• Salt Edge: Open Banking AISP/PISP with strong European coverage including the Baltics. Direct competitor in regulated bank aggregation; Sorbet differentiates with a tailored Estonian e-resident cockpit and invoicing/VAT workflow layer rather than pure API.
• Tink: Swedish-origin AISP/PISP (now owned by Visa) connecting European bank accounts for aggregation and payment initiation. Direct comparable for multi-bank AIS/PIS coverage, with deeper enterprise/bank distribution but less of a consumer-facing cockpit focus.
• Token.io: Open Banking AISP/PISP focused on account-to-account payments and bank aggregation in Europe. Direct functional overlap in regulated PIS/AIS, though Token leans toward enterprise payment flows vs. Sorbet's SMB cockpit positioning.

Others

• Pleo: European SMB expense management and corporate card platform with accounting integrations. Adjacent in serving multi-country European SMB finance workflows, though focused on cards/expenses rather than multi-bank orchestration.
• Qonto: European SMB business banking account with invoicing, expense management, and accounting integrations. Adjacent competitor for Estonian/SMB finance workflows; Qonto holds funds (a licensed bank) versus Sorbet's pure orchestration model.
• Merit: Estonian accounting software used by OÜ companies and partner accounting firms. Sorbet exports into Merit as a destination; they sit in an adjacent layer of the same e-resident finance stack with overlapping customers but non-overlapping products.

Broad incumbents

• Plaid: Largest global Open Banking aggregator with expanding EU presence. A broad incumbent offering bank connectivity as infrastructure; comparable technology category but not focused on Estonian e-resident SMB workflows specifically.

Emerging players

• Bud Financial: UK-based open banking data and insights platform serving fintechs and banks. Comparable as a data-aggregation-over-bank-APIs player, though more focused on analytics than Sorbet's cockpit + payments + invoicing workflow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sorbetpayments

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sorbet