Profile last updated September 2026
wamo gives e-Residents a simple way to run their Estonian company from anywhere. Open a business account fully online, no branch visits, no paperwork, with most applications processed within one business day. wamo is an electronic money institution (EMI), authorized and supervised by the Finnish Financial Supervisory Authority (FIN-FSA).
⏱ Fast online onboarding with digital verification
🌍 Your own IBAN to run your business across Europe
💸 Instant SEPA and SWIFT payments
💳 Physical and virtual Visa business debit cards
🧾 POS terminals to accept payments
🔗 Integrations with accounting and business tools
🆓 Free plan available, upgrade as you grow
🎁 Exclusive cashback offer: Get 5% cashback on purchases made with your wamo card, up to €100 per month for 24 months. Available on both free and paid plans. See the campaign section to learn more.
👉 The offer is only valid when you open your account through this link:
From 0€. See wamo.io/pricing for details.
See wamo.io/pricing for current rates.
See wamo.io/pricing for current rates.
Prices include Estonian VAT (24%)
30 settembre – 31 dicembre 2026
🎁 Exclusive cashback offer: Get 5% cashback on purchases made with your wamo card, up to €100 per month for 24 months. Available on both free and paid plans. 👉 The offer is only valid when you open your account through this link:
Documents required to open an account:
Company incorporation documents, including proof of shareholder structure and proof of address
ID and proof of address for Managing Directors and Ultimate Beneficial Owners
Not sure if your business qualifies? See wamo's eligible industries and business types before you apply.
Ready to apply? Read the full step-by-step guide to opening a wamo account.
You'll be able to apply for a wamo business account if your company is registered in the European Economic Area (EEA) or Switzerland.
This includes:
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and Switzerland.
Raveesh Ahmed Sayyed -
September 2026
September 2026
My experience was very annoying. During Account creation i was asked the same questions and for the same documents more than 5 times. Ans I was also asked many irrelevant questions. In the end Wamo decided to close my account. To be honest my case was a little non standard. I was renewing my visa but all my documents were in order. Hope this review changes something or helps someone.
Avram Rami Hayim
March 2025
March 2025
WAMO is one of the premium service providers in the payments and card issuance business. they have a reliable service in the SEPA business area. They open accounts for a variety of business lines. their service in USD will be launched very soon. They also have integration and coverage of 3rd party services such as accounting and invoice issuance.
Estevão Jadanhi Neto
April 2024
April 2024
Absolutely no complaints about wamo.io, they are one of the very few services which has actually allowed me, a non EU/US resident to open an account for my OU. If you have all your documents in order (proof of income, passport scan, etc), they can open you an account for you business very fast. Customer service is very attentive, and the iOS app is super easy to use and straightforward. Keep up the great work!
Gi Hyun Nam
March 2024
March 2024
I highly recommend the service to others. I've been hustling to open an account with various platforms and services. However, Wamo was the most friendly and willing to help you out rather than questioning (which is necessary for KYC - I understand that as well). Love the team and they are also looking for ways to make things better and always listening to the need!
Ali̇ Riza Babaoğlan
January 2024
January 2024
Very happy with Wamo services since 2021!
