Wallester opens new headquarters in Tallinn’s Golden Gate, strengthening its role as a European fintech leader

Wallester, a leading European fintech and licensed Visa Principal Member, has officially opened its new headquarters in the Golden Gate building in Tallinn. The move marks a significant milestone in the company’s growth and reaffirms its long-term commitment to Estonia’s fintech ecosystem.

Founded in Tallinn in 2016, Wallester has grown from a local startup into a trusted financial technology partner serving businesses across Europe. Its all-in-one platforms – Wallester White-Label and Wallester Business – enable companies to issue Visa cards, manage expenses in real time, and build embedded financial services at scale.

“Tallinn has always been central to Wallester’s success; it remains the foundation of our team, our innovation, and our long-term vision,” said Sergei Astafjev, Co-Founder and CEO of Wallester. “Relocating to the Golden Gate building reflects the scale of our growth and our continued commitment to building from Estonia for the world. I want to thank everyone who has contributed to this journey and to the achievements that brought us here.”

Gala event at Golden Gate

The opening was marked with an evening gala held inside the Golden Gate building, bringing together key partners, clients, and industry leaders for a celebration of Wallester’s next stage of growth. The event opened at 5 pm with guest arrivals and a curated culinary experience designed to showcase some of Estonia’s top talent. Executive Chef Erik Prosvirin prepared a selection of gourmet dishes crafted specifically for the occasion, while Anti Leppik, world champion oyster-shucker, presented an exclusive tasting that became one of the standout moments of the reception.

At 6 pm, guests gathered for the official opening ceremony, where Wallester’s leadership highlighted the significance of the new headquarters and the company’s ambition to continue scaling globally from Estonia. Representatives from Visa, Amazon Web Services, Holm Bank, Placet Group, Finance Estonia, EIS and e-Residency joined long-time clients and collaborators in marking the milestone.

The evening continued with a live dessert presentation at 7 pm, where master chefs prepared Pavlova on site, adding a theatrical touch to the culinary programme. From 8 pm onward, the event transitioned into an evening lounge, where guests could network, explore the new workspace, and celebrate Wallester’s achievements in a more relaxed setting. The atmosphere reflected the company’s culture, ambitious, collaborative, and firmly rooted in Estonia’s fast-moving fintech landscape.

Growth and recognition

In 2024, Wallester reported €17.2 million in audited revenue, representing 87% year-over-year growth, and the company is on track to surpass these results in 2025.

Wallester now employs over 200 people, with 156 based in Estonia, including 73 new hires in 2025 and 25 open positions. Wallester operates offices in Estonia, Latvia, France, and the United Kingdom.

Recent awards highlight its accelerating trajectory:

- FT1000 Europe’s Fastest Growing Companies: 1st in Estonia, 7th in Fintech across Europe

- Baltic Fintech Awards 2025: Fintech Growth Story of the Year

- PayTech Awards: Best Spend Management System

- Europe Fintech Awards: Fintech of the Year

Local economic and social impact

Wallester’s expansion supports Tallinn’s digital economy by creating jobs, developing technology, and partnering with financial institutions and innovation agencies.

The company collaborates closely with a variety of organisations, including Holm Bank, Placet Group, Visa, Amazon Web Services, the Estonian Investment Agency (EIS), e-Residency, and Finance Estonia, strengthening Estonia’s position as a hub for fintech innovation.

Wallester also supports local community initiatives, including the Naerata Ometi NGO, athlete Emili Nurk, and the Vortex Volleyball Team, reflecting its ongoing commitment to social responsibility and youth development.

About the new office

Wallester’s new headquarters in Golden Gate, Rotermann Quarter, was designed to reflect the company’s focus on sustainability, transparency, and collaboration.

The workspace integrates energy-efficient systems, modern meeting facilities, and open creative zones, embodying Wallester’s innovative culture and long-term growth ambitions.

About Wallester

Wallester is an Estonian-licensed financial institution and has been an official Visa partner since 2018, specialising in innovative digital financial solutions and card issuance. Wallester empowers companies across the European Economic Area (EEA) and the UK to streamline payments, launch branded cards, and scale efficiently. With a diverse team of over 200 professionals located in Estonia, Latvia, France, and the United Kingdom, Wallester is dedicated to developing high-quality, profitable products for its clients. Wallester was named Top Startup in Estonia at the 2024 Äripäev TOP100 Gala, placed 1st in Estonia and 7th in the fintech sector on the 2025 FT1000 Europe’s Fastest Growing Companies list.

Website: www.wallester.com

LinkedIn: Wallester