Inbank | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Inbank is a financial technology company based in Tallinn, Estonia, that operates with an EU banking license. It specializes in embedded...


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Inbank is a financial technology company based in Tallinn, Estonia, that operates with an EU banking license. It specializes in embedded finance, connecting merchants, consumers, and financial institutions. With over 5,800 merchant partnerships and nearly 900,000 active contracts, Inbank offers a range of financing solutions, including buy now, pay later options and loans for various consumer needs. The company aims to provide seamless financial services both online and offline, enhancing the shopping experience.

Website
Headquarters
Tallinn, Harju
Size
201-500 employees
Industry
Banking

๐Ÿ›๏ธ Inbank Product and Pricing News โ†’

๐Ÿ‘” Inbank CEO, Management and Leadership Team โ†’

โš”๏ธ Inbank Alternatives and Competitors โ†’

๐Ÿ’ผ Inbank Hiring and Layoffs โ†’

๐Ÿค– Inbank Developer, Integration and Automation News โ†’

๐Ÿ“ˆ Inbank Financials, Fundraising and Valuation News โ†’

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๐Ÿ›๏ธ Inbank Product and Pricing News

  • Inbank has launched a device rental solution available at iDeal Latvia and Samsung stores, allowing customers to upgrade to newer models and recycle old devices.
  • Vaidotas Rimeikis, Lithuania Country Manager at Inbank AS, is among the three candidates for the 'Young CEO of the Year' title announced by Verslo ลพinios.
  • Inbank sponsors the Autotund show featuring discussions on Volkswagen's pricing and electric cars.
  • On November 14, 2024, Dmitri Borohhov from Inbank will speak about emerging technologies in financial services at SazCon 2024.
  • Inbank is opening a new office in Vilnius, announced by Vaidotas Rimeikis, Lithuania Country Manager.

  • Inbank participated in the RIGA COMM conference where Inbank Latviaโ€™s Country Manager Dainis Skrinda and CPTO Erik Kaju shared insights on e-commerce and Fintech product development.
  • Inbank sponsored the Raton Regional Economic Development Summit held at the Raton Convention Center on October 16.
  • Inbank experienced a data breach on October 7, exposing some clients' phone numbers and possibly names and contract numbers, but no other sensitive data was accessed, according to Vaidotas Rimeikis, head of Inbank's Lithuania branch.

๐Ÿ‘” Inbank CEO, Management and Leadership Team


โš”๏ธ Inbank Alternatives and Competitors

  • Fidor Bank AG
  • |
  • Pohjola Bank plc
  • |
  • Farmers & Merchants Bank
  • |
  • Citizens Investment Services
  • |
  • CCFBank
  • |
  • F&M Bank
  • |
  • NATIXIS Pfandbriefbank
  • |
  • Credit Suisse First Boston
  • |
  • First United Bank
  • |
  • First American Bank
  • |
  • Charles Schwab Bank

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


๐Ÿ’ผ Inbank Hiring and Layoffs

  • Ivar Kurvits returned from a sabbatical to resume his role as Chief of Staff and board member at Inbank on October 17, 2024.
  • Jovana Pavlica has joined Inbank as Commercial Lead in Estonia, previously holding a position at another company.
  • Karolis Burba, FRM has left Inbank as Head of Financial Risk Control in Lithuania to join PayRay Bank as Chief Risk Officer.
  • Inbank has removed several job positions including Head of Financial Risk Control and Partner Marketing Manager from their careers page.
  • Inbank has updated its job listings to include a new Head of Sales position in Prague and a Product Engineer (Full Stack) role in Tallinn.

  • Inbank is currently seeking a Head of Sales in Czechia.
  • Inbank is currently seeking a Head of Financial Risk Control in Latvia.
  • Klฤvs Riฤards Alksnis has started a new position as Head of Customer Care at Inbank.

๐Ÿค– Inbank Developer, Integration and Automation News

  • Inbank's partly owned Mobire Group has partnered with Alphabet International to offer global mobility services in Estonia, Latvia, and Lithuania.
  • Inbank offers credit payment options for services at Sapiegos klinika.
  • Inbank's financing solutions are integrated into the shopping journey of over 6,000 retailers, enhancing business growth and customer experience.


๐Ÿ“ˆ Inbank Financials, Fundraising and Valuation News

  • Inbank achieved record sales volumes in Q3 2024, increasing profit by 46% year-over-year to โ‚ฌ10.9 million.
  • Donatas Mickus, Inbank's Head of Sales, noted that more drivers are choosing to buy tires on installment, with the average financing amount for 2024 ranging from 431 to 435 euros, a 9% increase from last year.


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