Intragroup merger
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Estonian Financial Supervision and Resolution Authority approved the merger of AS Inbank and Inbank Ventures OÜ
Globenewswire· 2026-02-06 07:30
Core Viewpoint - The Estonian Financial Supervision and Resolution Authority has approved the merger of AS Inbank with its wholly owned subsidiary Inbank Ventures OÜ, allowing AS Inbank to proceed with the merger as planned [1][2]. Group 1: Merger Details - The merger will result in the dissolution of Inbank Ventures OÜ, with AS Inbank becoming its legal successor [2]. - This is classified as an intragroup merger, meaning it will not impact the consolidated financial position or obligations of the AS Inbank group [2]. - The completion of the merger is expected by March 2026 [2]. Group 2: Company Overview - Inbank operates as a financial technology company with an EU banking license, facilitating connections between merchants, consumers, and financial institutions through its embedded finance platform [3]. - The company partners with over 5,900 merchants and has more than 915,000 active contracts, collecting deposits across seven European markets [3]. - Inbank's bonds are listed on the Nasdaq Tallinn Stock Exchange [3].