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Rankings / Manimama
01 Band 1

Manimama

Tallinn, Estonia · Founded 2017 · 40+ team
CLBR index score
86/100

Founders who want the widest coverage and the most visible client proof for a standard MiCA CASP or VASP setup.

Score breakdown · CLBR v1.0

Seven pillars, one score.

Licensing specialisation 18/22

Five named crypto-adjacent service lines — CASP, VASP, payments, tokenisation, company formation. Crypto and tokenisation are the primary focus, so the practice reads as crypto-fintech rather than a pure-MiCA boutique. Company-formation generality costs the top band.

Jurisdictional coverage 16/18

Homepage claims 85 jurisdictions; we credit the 8 EU regimes and 5 non-EU markets backed by named filings and country landing pages. Coverage breadth is the widest crypto-licensing footprint in the index alongside the runner-up.

Licences secured 14/15

300+ clients claimed — the largest documented volume in the index. Refusal rate is not published and case studies are anonymised, so the grant count is credited on volume rather than disclosed outcomes.

AML / DORA depth 8/13

Some partners carry prior supervisory experience, but the volume-led model runs lighter on prudential-capital and ICT-resilience depth than the ex-regulator boutiques. This is the firm's weakest pillar.

Transparency 11/12

13 LinkedIn-verified client testimonials with star ratings and a published process flowchart — the strongest social-proof layer of any firm reviewed. Pricing is partial: fee bands appear on some service pages, not consistently across jurisdictions.

Post-licence support 10/10

Full lifecycle. Six service lines cover incorporation through ongoing supervisory work, with related operating infrastructure (exchange and trading projects) for firms that need post-licence rails.

E-E-A-T 9/10

40+ named practitioners with bios, an active conference record, and the index's deepest verified-testimonial layer. Whitepaper output is lighter than the runner-up's.

Where Manimama scores highest

Manimama leads this index on volume and proof, not on narrow specialisation. It records 300-plus clients — the largest documented base reviewed — and pairs that with 13 LinkedIn-verified testimonials, which no other firm here matches. For a founder running a standard MiCA CASP or VASP application, that combination of throughput and visible client evidence is the firm’s real edge.

Coverage is the second pillar it wins. The team backs eight EU regimes and five non-EU markets with named filings and country-specific pages, so cross-border setups rarely fall outside its footprint.

Where Manimama is weaker

The trade-off is regulatory depth. A volume-led practice runs lighter on prudential-capital modelling and DORA ICT-resilience work than the ex-regulator boutiques, and that is exactly where Manimama sits mid-table rather than top. Pricing transparency is also uneven — some service pages publish fee bands, others send you to a quote. If your application turns on capital adequacy or ICT audit rather than throughput, read the runner-up’s profile before you decide.

Manimama by jurisdiction

Estonia is home ground: the Tallinn team leads CASP authorisation and legacy VASP wind-down work with Finantsinspektsioon. For CEE-facing founders, the practice files MiCA CASP applications with the Bank of Lithuania, drawing on a documented Lithuanian track record.

Reviewed by Editorial team · Last updated 2026-07-14 · Scored on the CLBR rubric. Placement is editorial and never sold — see disclosure.