What Bigbank does

Bigbank AS is an Estonian-licensed digital bank that has operated for over 30 years and currently serves private and business clients across 9 European countries, including Estonia, Lithuania, Latvia, Germany, the Netherlands, Finland, and Austria. The bank runs a digital-first platform with self-serve account opening, automated consumer-loan decisioning within approximately 5 minutes, and Smart-ID/Smart-ID+ authentication integrated via Ondato for remote KYC.

Its product portfolio spans the full retail and SME banking value chain. For private clients, Bigbank offers a free bank account paying 2% interest, consumer loans (1,000–30,000 EUR), home renovation loans, car loans, housing mortgages (25,000–500,000 EUR), refinancing, debit and credit cards, savings deposits at 2.25% variable, and term deposits up to 2.90% fixed. For business clients, the bank provides business loans from 50,000 to 30,000,000 EUR covering real estate development, working capital, investment, credit lines, and collateralized facilities, plus business deposits, vehicle and equipment leasing, and a specialized EV leasing product from 2.15% plus EURIBOR backed by the European Investment Bank.

Bigbank's business model is a classic spread-and-fee model funded by deposits: interest income on consumer, mortgage, business, and leasing portfolios is the primary revenue stream, supplemented by loan contract fees (e.g., 1% with a Bigbank account vs 4.9% standard), monthly administration fees (7 EUR), and the deposit interest spread. Go-to-market is product-led growth through direct digital channels (web, iOS/Android app) supplemented by phone-based sales support (1388 for private clients, +370 5 207 0700 for business) and government-program channels such as INVEGA's ILTE partial-interest-compensation scheme. Deposits are insured up to 100,000 EUR per depositor via the Estonian Guarantee Fund, with a 500,000 EUR maximum deposit per person.

Name

Bigbank

Legal name

Bigbank AS

Website

https://bigbank.lt

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

Bigbank AS is an Estonian-licensed digital bank operating across 9 European countries, offering consumer and mortgage loans, deposits, and leasing to private individuals and SMEs via its online and mobile platform.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG)

Keywords

• Retail banking services
• Consumer lending
• Business loans
• Deposit products
• Vehicle leasing

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income from Loans: Primary revenue from interest charged on consumer loans, mortgage loans, business loans, and auto loans. Consumer loan rates from 6.5% with Bigbank account, 6.9-9.9% standard. Mortgage loans 25,000-500,000 EUR.
2. Loan Origination Fees: Contract fees charged on loan products. Consumer loans: 1% with Bigbank account vs 4.9% standard. Monthly administration fee of 7 EUR for consumer loans.
3. Leasing Income: Auto leasing, equipment leasing, and electric vehicle leasing for businesses. Interest rates from 2.15% + EURIBOR for green leasing.
4. Deposit Interest Spread: Interest paid to depositors (up to 2.90% for term deposits, 2.25% for savings) with spread captured from loan portfolio

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Bigbank is a digital-first European bank providing consumer loans, housing mortgages, business loans, vehicle and equipment leasing, savings and term deposits, and free bank accounts with debit/credit cards. Services are delivered via internet banking, a mobile app, and phone support across 9 European countries. Automated loan decisions typically complete within 5 minutes, and deposits are insured up to 100,000 EUR via the Estonian Guarantee Fund.

Product overview

Bigbank is a pan-European bank operating in 9 European countries for over 30 years, offering a comprehensive suite of financial services through its online banking platform. The product portfolio consists of a unified digital banking platform serving both private and business clients. For private clients, the core offerings include a free bank account with 2% interest, consumer loans (1,000-30,000 EUR), home renovation loans, car loans, housing mortgages (25,000-500,000 EUR), refinancing services, debit and credit cards, and savings/term deposit products (up to 2.90% interest). For business clients, Bigbank provides a full range of business loans (50,000-30,000,000 EUR) including real estate development loans, working capital loans, investment loans, and credit lines, along with business deposit products, vehicle leasing (including specialized electric vehicle leasing from 2.15% interest), and equipment leasing. The mobile app complements all services for account management. The offering integrates payment services (Visa Click to Pay), authentication (Smart-ID/Smart-ID+), and identity verification (Ondato) for a complete digital banking experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Bank Account (Banko sąskaita) Free everyday bank account paying 2% annual interest on the balance, with no account maintenance fees and free payments. Serves as the primary account for loan disbursements and savings.
• Mobile Banking App (Mobilioji programėlė) iOS and Android mobile banking application enabling customers to manage loans, view balances, make payments, and track savings deposits.
• Consumer Loan (Vartojimo paskola) Unsecured personal loan for general purposes from 1,000 to 30,000 EUR with terms of 6–120 months. Interest rate starts at 6.5% for customers holding a Bigbank account.
• Home Renovation Loan (Paskola namų remontui) Unsecured loan for home renovation and improvement projects from 1,000 to 30,000 EUR with terms of 6–144 months.
• Loan Refinancing (Refinansavimas) Consumer loan refinancing service that lets customers transfer existing loans to Bigbank to reduce monthly payments. Amounts 750–25,000 EUR, terms 6–120 months.
• Car Loan (Paskola automobiliui) Vehicle financing loan up to 30,000 EUR without requiring the car as collateral or KASKO insurance. Terms 6–144 months.
• Housing Loan (Būsto paskola) Mortgage loan for purchasing, building, or renovating residential real estate. Amounts from 25,000 to 500,000 EUR, terms 6–360 months.
• Housing Loan Refinancing (Būsto paskolos refinansavimas) Refinancing of existing housing mortgages to lower monthly payments. Amounts 25,000–500,000 EUR, terms 6–360 months.
• Loan with Real Estate Collateral (Paskola su NT įkeitimu) Secured consumer loan using owned real estate as collateral for larger financing needs. Amounts 25,000–500,000 EUR, terms 6–240 months.
• Loan without Real Estate Collateral (Paskola be NT įkeitimo) Unsecured loan intended for real estate acquisition without requiring collateral.
• Loans for Workers Abroad (Paskolos dirbantiems užsienyje) Specialized consumer loan product for Lithuanian residents working abroad, providing financing options tailored to their income profile.
• Debit Card (Debeto kortelė) Free debit card linked to a Bigbank bank account, with no card issuance or maintenance fees.
• Credit Card (Kredito kortelė) Credit card product from Bigbank providing flexible spending and revolving credit access.
• Savings Deposits (Taupomieji indėliai) Flexible savings account with variable interest up to 2.25% annually. Minimum 1 EUR deposit, funds accessible anytime without losing accrued interest.
• Term Deposits (Terminuotieji indėliai) Fixed-term deposit with interest up to 2.90% annually. Minimum 500 EUR, terms from 1 month to 7 years. Interest paid monthly or at maturity.
• Car Leasing (Automobilių lizingas) Vehicle leasing for private and business customers with interest rates starting from 2.5% + EURIBOR.
• Installment Purchase (Pirkimas išsimokėtinai) Installment payment service enabling customers to buy goods in installments financed by Bigbank.
• Business Loans (Verslo paskolos) Comprehensive business lending portfolio offering loans from 50,000 to 30,000,000 EUR for working capital, investments, real estate development, credit lines, and other business needs.
• Real Estate Development Loan (Paskola NT vystymui) Business loan for real estate development projects.
• Land Loan (Paskola žemės sklypui) Business loan for purchasing forest or agricultural land.
• Working Capital Loan (Apyvartinių lėšų paskola) Business loan for financing operational working capital needs.
• Business Loan with Real Estate Collateral (Paskola su NT įkeitimu verslui) Secured business loan using real estate as collateral for larger financing.
• Credit Line (Kredito linija) Revolving credit facility for businesses providing flexible access to financing.
• Investment Loan (Investicinė paskola) Long-term investment loan for real estate and business equipment acquisitions.
• Business Savings Deposits (Taupomieji indėliai verslui) Savings deposit products designed for business clients with flexible access to funds.
• Business Term Deposits (Terminuotieji indėliai verslui) Fixed-term deposit products for business clients with guaranteed returns.
• Business Car Leasing (Automobilių lizingas verslui) Vehicle leasing for business customers with interest rates from 2.5% + EURIBOR.
• Equipment Leasing (Įrangos lizingas) Leasing for business equipment and special-purpose machinery.
• Electric Vehicle Leasing for Business (Elektromobilių lizingas verslui) Specialized green leasing for electric vehicles for businesses with 0% down payment for new EVs, rates from 2.15% + EURIBOR, up to 100,000 EUR for vehicles and 15,000 EUR for chargers. Financial lease up to 96 months; operational lease up to 72 months. Supported by the European Investment Bank with 0.25% reduced interest margin.
• Payments (Įmokos) Payment processing service for bill settlements and other outgoing payments via Bigbank accounts.

Quantifiable outcome

• Automated loan decisions typically within 5 minutes
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• NTER DevelopmentcoreStrategic or Co-development Partner · 18 June 2026Bigbank provided 12.3 million EUR financing for NTER Development's real estate project in Saulėtekis, Vilnius. Project includes conversion of former Mykolas Romeris University buildings into private Vytis Licėjus school and co-living housing with 130-140 beds for students and young professionals. Financing split: 8.47M EUR for building acquisition refinancing, 3.9M EUR for renovation works.
• INVEGA (Investment and Business Guarantees)coreStrategic or Co-development PartnerPartnership enabling business clients to receive partial interest compensation via ILTE program. Bigbank facilitates application process for clients with existing business loans. Companies can recover up to 40% of paid interest, up to 5% annual rate, within 300,000 EUR de minimis aid limits over 3 years.
• Estonian Guarantee Fund (Tagatisfond)coreOthersEstonian Guarantee Fund provides deposit insurance for Bigbank customer deposits up to 100,000 EUR. This regulatory partnership enables the bank to operate across multiple European countries while maintaining deposit protection standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Luminor: Pan-Baltic universal bank headquartered in Tallinn serving private and business clients across Estonia, Latvia, and Lithuania. Overlaps with Bigbank in mortgage lending, SME financing, and deposits at a larger balance-sheet scale.
• Coop Pank: Estonian retail and SME bank with a growing consumer loan and deposit franchise. Competes with Bigbank on everyday banking, savings products, and SME lending in the Estonian home market.
• LHV Group: Estonian-headquartered financial group offering banking, asset management, and retail lending across the Baltics. Direct competitor to Bigbank in Estonian consumer loans, SME banking, and deposit gathering with similar cross-border digital ambitions.
• Inbank: Estonian challenger bank focused on consumer loans, deposits, and leasing across the Baltics and CEE. Closest comparable in scale and product mix to Bigbank, competing head-to-head in unsecured consumer credit and auto leasing.
• Citadele banka: Latvian-headquartered universal bank serving Baltic private and business clients. Direct competitor in mortgage lending, consumer credit, and SME financing across the same Baltic geographies Bigbank targets.

Broad incumbents

• Revolut: UK-headquartered global neobank with 40M+ users across Europe offering multi-currency accounts, consumer credit, and payments. Competes with Bigbank for cross-border deposits in Germany, Netherlands, and the Nordics at vastly greater scale.
• Swedbank: Dominant Baltic universal bank serving private and corporate clients across Estonia, Latvia, and Lithuania. Direct overlap with Bigbank's SME, mortgage, and consumer loan offerings, with a much larger branch and deposit franchise.
• N26: Berlin-based digital bank serving consumers and SMBs across the Eurozone. Overlaps with Bigbank in EU-wide digital deposit gathering and consumer lending, with deeper brand recognition in Germany.
• SEB: One of the largest Nordic-Baltic universal banks with deep presence in Estonia, Latvia, and Lithuania. Competes with Bigbank across mortgages, business loans, deposits, and leasing at materially larger scale and broader product scope.

Emerging players

• Bunq: Dutch-headquartered digital bank expanding across Europe with consumer accounts, savings, and SME banking. Competes with Bigbank for Dutch and German deposits and increasingly for SME banking customers in the same geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/BIGBANK_Lietuva
• Facebookfacebook.com/BIGBANK.Lietuva
• LinkedInlinkedin.com/company/bigbank-lietuva

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bigbank