Raido Finance

Raido Finance, operated by RAIDOFINANCE OÜ, has been offering licensed cryptocurrency services since September 2018. Throughout its operation, the platform evolved to enhance its service offerings and adapt to the changing regulatory landscape in Estonia, building a loyal client base that relied on its services for their cryptocurrency needs.

In September 2023, RAIDOFINANCE OÜ made the significant decision to renounce its license (FVT000084) to operate as a cryptocurrency service provider in Estonia, effective October 1, 2023. This decision followed a thorough evaluation of the company’s business interests in light of new regulations and requirements, ultimately leading to the cessation of all cryptocurrency service activities. Customers were informed on September 18, 2023, about this development, as the company began the process of closing down its operations.

As a result of this decision, all funds held in both fiat and cryptocurrency in customer accounts will be returned in full. Clients are encouraged to initiate withdrawals, and support is available through the designated contact. The unilateral termination of User Agreements was communicated clearly, upholding the rights of both parties to terminate agreements by applicable legal provisions. Raido Finance thanks its clients for their trust over the years during its operational journey.