Draft:Wallester

Wallester is a financial services company based in Estonia that specializes in white label credit card services, tokenization, and fraud monitoring. It was established in 2016.

Overview
Wallester was established by Dmitri Logvinenko. Sergei Astafjev became associated with the company shortly thereafter. The firm is a derivative of a Norwegian financial and credit institution, and maintains its headquarters in Tallinn, Estonia. The initial stage of Wallester's development was characterized by extensive research and development activities, culminating in the introduction of its range of products.

Unlike conventional consumer banking institutions, Wallester operates digitally with no brick-and-mortar locations. It has an office in Valbonne, France. The company provides a digital platform that enables customers to issue plastic cards branded for their own businesses. The primary commercial activity of Wallester is the issuance of white-label cards.

Wallester has obtained full licensing as a financial institution, and operates card programs internationally. The organization issues physical and virtual cards and has integration capabilities through REST API, back office, and mobile application. In 2019, Wallester was confirmed as an official Visa partner and joined the FinTech Fast Track program. Additionally, Wallester's product suite includes tools like real-time expense tracking and analytics.

Services
Wallester Business operates within the European Economic Area, the United Kingdom, and Switzerland,facilitating businesses by issuing physical and virtual corporate cards. As a Visa Principal member, it provides a secure card-issuing API for businesses. Its services include business transaction control and fraud prevention. Wallester White Label enables white-label card issuing, allowing businesses to launch their own Visa card programs. The company also has a mobile app for instant payments and card management, supporting the issuance of virtual cards and real-time transaction viewing.