Inbank

Inbank

Banking

Tallinn, Harju 9,154 followers

A bank of a new era created with passion

About us

Inbank is a financial technology company with an EU banking licence that connects merchants, consumers and financial institutions on its next generation embedded finance platform. Partnering with 5,800+ merchants, Inbank has 896,000+ active contracts and collects deposits across Europe. Its bonds are listed on the Nasdaq Tallinn Stock Exchange.

Industry
Banking
Company size
201-500 employees
Headquarters
Tallinn, Harju
Type
Public Company
Founded
2010

Locations

Employees at Inbank

Updates

  • 🎉 Proud moment for all of us at Inbank to share that Vaidotas Rimeikis, Country Manager of Inbank Lithuania, has been recognized by business newspaper Verslo žinios as one of Lithuania’s most successful business leaders of the year. Since 2022, Vaidotas has been the driving force behind Inbank Lithuania. His manager Margus Kastein, Head of Baltic Business, perfectly sums up his role: “Vaidotas’s creativity, vision and determination have driven the business forward while inspiring his team. I believe the best way to describe him is as a coach - someone who brings out the best in every team member, ensuring everyone plays their part to achieve a shared goal. His ability to unite and inspire makes him an exceptional leader.” Congratulations, Vaidotas! You are an inspiration to all of us at Inbank! 👉 Read more from Verslo žinios: https://shorturl.at/v2925

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  • 🌍 We at Inbank are proud to partner with the European Investment Bank (EIB), European Investment Fund (EIF) and European Commission to launch our first synthetic securitisation backed by solar panel loans in Poland. This landmark agreement will enable us to extend €163 million in new, more competitively priced loans to private individuals in Poland over the next three years. By supporting the green financing this cooperation aims to: 🟢 Lower energy costs for households 🟢 Better access to sustainable energy solutions like solar panels and heat pumps  🟢 Reduce CO2 emissions and improve air quality This is also a first for the European Investment Bank Group as this securitisation is the first entirely green InvestEU securitisation in Poland, marking a significant step toward sustainability and innovation. With over 80,000 Polish households already benefiting from our green financing we’re proud to expand our support and help even more families to embrace clean energy solutions. We would like to extend our gratitude to the European Investment Bank (EIB), European Investment Fund (EIF), #InvestEU, European Commission and our advisors for guiding us Robert Bradbury and Marco de Freitas from Alvarez & Marsal. A big thank you also goes to our team Inbank Ivar Pae, Paavo Põld, Reijo Sepp, Kärt Raud, Juris Filipovs, Liisi Saar Maciej Pieczkowski, Tomasz Rzeski, Edwart Ždanovitš for leading and bringing this landmark project to life! 👇Check out highlights from the signing event at the European Commission Representation in Warsaw below! 👉 Read more about the project here: https://shorturl.at/WxAfA

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      +3
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    9,154 followers

    Last week, Inbank HQ in Tallinn became a hub for knowledge sharing as we hosted a delegation of German banks. At Inbank, we believe in the importance of sharing insight and best practices. This is why we gladly took this opportunity to highlight Inbank’s unique business model, share our success factors and dive deep into how we’re innovating in the financial sector. The delegation included representatives from: VR Bank in Holstein and TeleskopEffekt – Innovation und Recruiting im Banken- und Finanzumfeld Check out some highlights from the visit below👇 📸 Rene Lutterus

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  • Is your old phone gathering dust in a drawer? Let’s be honest - most of us have that drawer overflowing with old phones📱 📝 Inbank recently conducted a study in cooperation with Norstat to find out this in Estonia, and the findings are surprising. Almost 40% of people just keep 2-3 unused devices at home. Why? For many, it’s about emotional attachment or a “just in case” mentality. The average phone is only used for 2.5-3.5 years, which is at least 2.3 years shorter than its recommended lifespan, while rental devices often pass through 2-6 users throughout their lifetime. This raises an important question about sustainability. With so many unused devices, could rethinking how we use and reuse our phones help reduce e-waste and maximize their lifespan? What is your take - are old phones filling your drawers or are you part of the circular economy movement? Share your experience 👇

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  • Inbank delivered strong Q3 results with record sales volumes! In the first nine months of the year we increased our profit to €10.9 million, growing 46% YoY. Inbank’s financial performance has continued to improve compared to a year ago. The superiority of our embedded finance solutions coupled with the declining interest rate environment provides a solid foundation for our growth ambitions in the upcoming quarters and years. 👉 Read more from here: https://lnkd.in/eV3ham6b

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    9,154 followers

    At Inbank we are all about learning, sharing best practices and connecting with other professionals - that is why we were very excited to host the local product community event ProductTank Tallinn last week at our HQ. With 60 professionals attending, it was a great opportunity to learn from each other and build new connections. This time the event offered an inspiring chance to dive deeper and expand our knowledge on growth topics: 🟣 Classtime Product Manager and Techstars Startup Mentor Yevgeniya Gagarkina discussed product growth management, sharing valuable insights and examples.  🟣 Inbank CPTO and Member of the Management Board Erik Kaju delved into the art of building new markets. He shared Inbank’s journey in creating a profitable, yet fast-growing bank with technology at its core. A big thank you to the ProductTank Tallinn team for trusting to host this event 🙏 Special thanks to Olesia Kucheryk Anna Albert and Sofiya Demchuk Until next time! In the meantime, enjoy some snapshots from this inspiring evening 👇 📸 Marek Metslaid

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    9,154 followers

    We at Inbank were excited to be part of two impactful days filled with innovative ideas and inspiration at the annual Baltics Business Technology Conference RIGA COMM 🇱🇻! 🟣 Inbank Latvia’s Country Manager Dainis Skrinda took the stage to dive deep into the world of e-commerce, sharing insights on how businesses can leverage innovative financial technology to drive growth. 🟣 Inbank CPTO and Member of the Management Board Erik Kaju participated in the panel discussion on overcoming key challenges in Fintech product development. 🟣 Our team at the Riga COMM expo showcased how Inbank’s payment solutions can empower businesses to increase sales and provide seamless convenience to customers. A big thank you to RIGA COMM for hosting us! We look forward to seeing you again next year! In a meantime, check out some highlights from this year 👇

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    9,154 followers

    We are happy to share that Inbank group company, Mobire Group, has formed a strategic partnership with the globally leading mobility solutions provider Alphabet International 🚀 This partnership opens new doors for customers in Estonia, Latvia and Lithuania, providing access to global mobility services. According to Andrus Valma, CEO of Mobire Group: “Mobire customers in the Baltics can now benefit from top-tier rental and leasing services across Europe. Meanwhile Alphabet's clients can count on receiving the same high-quality service they expect, now in the Baltics.“ 🚗 Alphabet is a leading global provider of business mobility solutions, headquartered in Munich, Germany. Alphabet manages an impressive fleet of approximately 720,000 vehicles in 38 countries. As part of the BMW Group, Alphabet delivers high-quality quality and service, aligning with BMW’s world-class standards. Find out more 👉 https://lnkd.in/eFk35-XS

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    740 followers

    We have partnered with the globally operating and leading mobility solutions provider, Alphabet International! 🤝 According to Andrus Valma, CEO of Mobire Group, our customers in Estonia, Latvia, and Lithuania will now have access to global services, while Alphabet's clients can be confident that they will receive service in the Baltics that meets Alphabet’s high standards. Essentially, this means that if a Mobire customer needs rental or leasing services in Germany or other European countries, Mobire can now offer these through collaboration with Alphabet. 🚗 Alphabet is a leading global provider of business mobility solutions, headquartered in Munich, Germany. Today, Alphabet manages a portfolio of approximately 720,000 leased cars and light commercial vehicles of all brands and operates in 38 countries. As part of the BMW Group, Alphabet adheres to the same high quality and process standards as its parent company. Read more > https://lnkd.in/eFk35-XS

    Alphabet‘s OneNet partner network grows with the addition of Slovenia and the Baltic region

    Alphabet‘s OneNet partner network grows with the addition of Slovenia and the Baltic region

    alphabet.com

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    9,154 followers

    The global tech rental services market is growing at a notable 15% annually, with Gen Z leading this change. Why? Flexibility, sustainability, and cost-effectiveness are the key drivers. But there’s more to it. Let’s look into the numbers: 🟣 The average smartphone is used for only 2.5-3.5 years 🟣 That’s at least 2.3 years less than its recommended lifespan  🟣 In the case of rentals, devices typically go through 2-6 cycles during their lifespan As consumer habits evolve, so do opportunities for businesses to embrace sustainable solutions. Is your business ready for this shift? Experts anticipate that in the near future, renting smartphones, laptops, and other small electronics could become the preferred method for consumers, offering a more sustainable and flexible alternative to traditional ownership. 🚀

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    9,154 followers

    We are happy to share that Inbank Latvia's Country Manager Dainis Skrinda is taking a stage TODAY at annul Baltics Business Technology Conference RIGA COMM 🇱🇻 Dainis will dive into the world of e-commerce and will speak how companies can boost their business with innovative financial technology. Inbank is also present at the RIGA COMM fair area where our team is ready to introduce how we can support businesses with payment solutions that drive sales and provide convenience to customers. Join us to learn more!👇

Similar pages

Funding

Inbank 1 total round

Last Round

Undisclosed

US$ 11.3M

Investors

Swedbank
See more info on crunchbase