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AS Inbank entered into merger agreement with Inbank Ventures OÜ
Globenewswire·2025-06-20 13:30

Group 1 - AS Inbank has entered into a notarial merger agreement with its 100% subsidiary Inbank Ventures OÜ, resulting in Inbank Ventures OÜ ceasing to exist without liquidation, with AS Inbank becoming its legal successor [1] - The purpose of the merger is to align the Group's legal structure with its actual business operations and enhance organizational efficiency, while leaving consolidated assets, rights, and obligations unchanged [1] - The merger will take effect after receiving approval from the Financial Supervision and Resolution Authority, with completion expected in the first quarter of 2026 [2] Group 2 - Inbank operates as a financial technology company with an EU banking license, connecting merchants, consumers, and financial institutions on its embedded finance platform [3] - The company partners with over 5,600 merchants and has more than 941,000 active contracts, collecting deposits across 7 markets in Europe [3] - Inbank bonds are listed on the Nasdaq Tallinn Stock Exchange [3]