LHV

LHV Group is a financial services company based in Tallinn, Estonia, established in 1999. It offers a diverse range of banking and financial services, including retail banking, corporate banking, and securities brokerage, catering to private individuals, small and medium-sized enterprises, and institutional investors. The company provides various products such as demand and fixed-term deposits, consumer and business loans, leasing, and financial advisory services. LHV Group also engages in investment services, payment solutions, and mobile banking, aiming to foster the development of Estonian capital and support the local economy. Through its subsidiaries, the firm operates in segments that encompass retail banking for individuals and small businesses, corporate banking for larger entities, and financial intermediates, including fintech companies.

Rain Lõhmus

Co-Founder

Madis Toomsalu

Chairman of the Management Board and and CEO

8 past transactions

Bolt

Debt Financing in 2024
Bolt is the first European app with a mission to make cities for people, not cars. Bolt has 100 million customers in 45 countries across Europe and Africa. The company challenges personal car ownership, offering better alternatives for every use case, including ride-hailing, shared cars and scooters, and food and grocery delivery. Bolt was founded in 2013 and is headquartered in Tallinn, Estonia.

Spectrm

Series B in 2023
Spectrm is a developer of a conversational marketing automation platform that helps businesses engage and convert customers through AI chatbots on popular messaging apps such as WhatsApp, Messenger, and Instagram DMs. The platform enables consumer marketers to use messaging as a primary customer relationship management (CRM) channel, facilitating the automation of conversations that enhance customer experiences. By offering tools that personalize interactions and scale engagement efforts, Spectrm aims to assist businesses in retaining existing customers and attracting new ones.

Tuum

Debt Financing in 2022
Tuum is a cloud-native banking platform that is spearheading the next generation of digital innovation in the financial services industry. Built around a microservices architecture, the platform consists of flexible and independent modules covering all retail and business banking capabilities. The platform is API-based for quick and easy integration and can run on all major cloud providers, as well as on private clouds. Founded by a team of banking and technology experts in 2019, Tuum combines technological excellence with in-depth banking knowledge and packages it into a sophisticated, cutting-edge platform. Tuum currently employs over 60 people with offices in Tallinn, Berlin and Malaga.

EveryPay

Acquisition in 2022
EveryPay is a payment gateway offering smart payment solutions.

Bank North

Series A in 2021
Bank North is a regional business bank that provides lending and financial support services by combining leading cloud-native technology with regional distribution and the decentralized model, enabling borrowers to avail of loans and other financial credits in a frictionless and timely manner.

Wise

Debt Financing in 2018
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits. The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients. Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.

Baltic Ticket Holdings AS

Private Equity Round in 2007
Baltic Ticket Holdings AS is a ticket distribution company operating across Estonia, Latvia, Lithuania, and Belarus, serving a combined population of approximately 7 million people. Founded in 1997 in Tallinn, Estonia, the company originated with the ticket sales for a Michael Jackson concert and has since expanded its operations significantly. It manages an extensive ticketing network that includes an online platform and around 400 physical sales points throughout the region. The company merged various ticketing operations, notably including Bilesu Serviss in Latvia and BilietuPasaulis in Lithuania, to enhance its market presence. Its in-house online ticketing system, developed since 2001, supports the management of large-scale events, such as concerts and festivals, with significant ticket sales. Baltic Ticket Holdings AS is recognized for selling the largest volume of tickets for events in the Baltics and Belarus, continuously evolving its technology to meet the demands of event organizers and enhance user experience.

CV-Online

Venture Round in 2001
CV-Online is a internet recruitment company, established in 1996 in Estonia and rolled out to Latvia and Lithuania in 1999. CV-Online achieved promptly the market leader status across the Baltic Countries based on its well elaborated technology in combination with the service minded organisation culture. Currently CV-Online holds the market leadership not only by the sales turnover, but also as the forerunner of innovation in its segment. CV-Online is not only a jobboard in the internet, but strong service organisation that works to be the best partner to all stakeholders: employers, jobseekers, own staff and investors. To add value to whole society by making the jobseeking and employment easy and transparent process hence increase the well-being of everyone. Since 2012 CV-Online belongs to Alma Media OYJ – one of the leading Finnish media concerns listed on Helsinki stock exchange. Alma Media has wide portfolio of leading online job portals across the region: www.monster.fi in Finland, www.monsterpolska.pl in Poland, www.jobs.cz and www.prace.cz in Czech Republic, www.profesia.sk in Slovak Republic, www.monster.hu in Hungary, www.posao.ba in Bosnia and Herzogvina, www.poslovi.infostud.com in Serbia and www.mojposao.net in Croatia. From January 2014 the global leader of internet recruitment: www.monster.com have obtained a share in Alma Media recruitment portals. Now CV-Online belongs to the world biggest internet recruitment group and can offer services around the globe. Belonging to group of leading online players enables CV-Online to stay continuously in forefront of innovation and improved customer service quality.
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