Inbank
- Company typePrivate
- Founded2014
- HeadquartersRiga, Latvia
- Headcount11–50
- GTM typeB2C
- OfferingServices
Inbank firmographics
Firmographics- Name
- Inbank
- Legal name
- SIA Inbank Latvia
- Website
- https://www.inbank.lv
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Inbank industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Sales Financing (522220), Credit Intermediation and Related Activities (522), Sales Financing (52222)
- SIC
- Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- BNPL Platform Infrastructure (APIs, Orchestration, Merchant Tools) (FSAKACAE)
- akta.pro secondary industries
- Merchant-Integrated BNPL (Online Checkout) (FSAKACAA), In-Store / In-Person BNPL (POS) (FSAKACAB), BNPL Servicing, Billing & Collections (FSAKACAH), Buy Now, Pay Later (BNPL) Platforms (BPAMAFAG), Buy Now, Pay Later (BNPL) (CRAFALAD)
Keywords
Where Inbank is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices1 record
Markets served
Inbank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Consumer Lending Interest Income: Interest income from consumer loans including personal loans, auto loans, housing loans, renovation loans, energy efficiency loans, and health loans. Interest rates are fixed for most products, with some tied to 6-month EURIBOR.
- Loan Origination Fees: One-time processing fees charged at loan origination, typically 2.9% of the loan amount.
- Monthly Account Servicing Fees: Monthly maintenance fee of €4.90 charged for loan account administration.
- BNPL and Merchant Financing: Revenue from 'Pay Later' services and merchant financing partnerships where Inbank enables installment payments at partner retailers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Consumer Loan: €300-€15,000, 6-72 months, from 8.9% |
| Subscription | Monthly | Small Housing Loan: €10,000-€30,000, 12-84 months, from 6.9% |
| Subscription | Monthly | Renovation Loan: €2,000-€10,000, 12-84 months, from 7.9% |
| Subscription | Monthly | Energy Efficiency Loan: €2,000-€30,000, 6-120 months, from 3.9%+EURIBOR |
| Subscription | Monthly | Health Loan: €500-€15,000, 6-72 months, from 8.9%, first month €0 |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Inbank product offering
Product offeringCore offering
Inbank operates as a licensed digital lender in Latvia under SIA Inbank Latvia, offering unsecured consumer loans (€300–€15,000), small housing loans, renovation loans, energy efficiency loans, health loans, auto loans and leasing, refinancing, Smart Rent, and a Maksā vēlāk (Pay Later) BNPL product. Applications are completed 100% online through a calculator, automated bank account verification, and remote signing via Smart-ID and eParaksts, with decisions in minutes and same- or next-business-day fund disbursement. Merchant partners integrate the lending and BNPL products at point of sale through a partner portal and developer API.
Product overview
Inbank is a Latvian financial services company operating under an EU banking license that offers a comprehensive portfolio of consumer and business financing products. The core offering includes unsecured loans for various purposes: Consumer Loans (Patēriņa kredīts, 300-15,000 EUR), Small Housing Loans (Mazais mājokļa kredīts, 10,000-30,000 EUR), Renovation Loans (Remonta kredīts, 2,000-10,000 EUR), Energy Efficiency Loans (Energoefektivitātes kredīts, 2,000-30,000 EUR), Health Loans (Veselības kredīts, 500-15,000 EUR with first month at 0 EUR), Auto Loans, and Auto Leasing. Additionally, Inbank provides Buy Now Pay Later services (Maksā vēlāk) and Smart Rent for both consumers and business partners. The company also offers refinancing solutions and specialized products for self-employed individuals. Business partners can integrate Inbank's financing solutions (Maksā vēlāk, Smart Rent, Auto Financing) through API/Developer Portal.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer Loan (Patēriņa kredīts) Unsecured personal loan for everyday purchases and plans including household appliances, furniture, electronics, education, travel, and other personal needs. Amount €300–€15,000, term 6–72 months, interest from 8.9% fixed, 2.9% processing fee, €4.90 monthly servicing fee, no collateral or down payment required. Targeted at Latvian consumers aged 21+ with regular monthly income.
- Small Housing Loan (Mazais mājokļa kredīts) Unsecured loan for property purchase (summer house, countryside property, land) or construction and larger renovation, without mortgage collateral or down payment. Amount €10,000–€30,000, term 12–84 months, interest from 6.9% fixed. Targeted at Latvian consumers needing smaller housing financing.
- Renovation Loan (Remonta kredīts) Loan for home renovation, reconstruction, and improvement including building materials, professional services, plumbing, electrical work, floors, walls, and ceilings. Amount €2,000–€10,000, term 12–84 months, interest from 7.9% fixed, no collateral or renovation estimate required, 14-day consideration period for offers.
- Energy Efficiency Loan (Energoefektivitātes kredīts) Loan for housing improvements that reduce energy consumption, including heating system replacement, insulation, ventilation, windows, doors, and solar panels. Amount €2,000–€30,000, term 6–120 months, interest from 3.9% plus 6-month EURIBOR (variable component), with a 0% EURIBOR floor and no down payment or collateral required.
- Health Loan (Veselības kredīts) Loan for medical, dental, and aesthetic procedures covering dentistry, orthodontics, health procedures, laser eye correction, rehabilitation, and cosmetic surgery. Amount €500–€15,000, term 6–72 months, interest from 8.9% fixed, no processing fee, first monthly payment of €0 with a 55-day grace period.
- Car Loan (Auto kredīts) Loan for purchasing used cars or motorcycles without down payment, collateral, or mandatory KASKO insurance; the vehicle is registered in the buyer's name from day one. Targeted at Latvian consumers and available through merchant partners such as used car dealers.
- Car Leasing (Auto līzings) Vehicle leasing without down payment, with the option to choose a residual value at the end of the term to reduce monthly payments; the vehicle is registered in the buyer's name from purchase. Offered to Latvian consumers and business partners.
- Self-employed Credit (Kredīts pašnodarbinātajiem) Credit product designed for self-employed professionals in Latvia, with flexible documentation requirements suited to variable self-employed income. Used for personal or business-purpose financing such as equipment.
- Refinancing (Pārkreditācija) Credit refinancing service that consolidates existing loans held with other providers into a single Inbank loan, simplifying repayment for the borrower.
- Smart Rent Rent-to-own or leasing solution enabling customers to acquire goods through installment-based rental, available for both private individuals and business partners and integrated at partner merchant locations.
- Pay Later (Maksā vēlāk) Buy-now-pay-later service allowing customers to purchase immediately at partner merchants and pay in installments, available for both private individuals and business partners across fashion, electronics, health and beauty, green energy, home and garden, and other verticals.
Quantifiable outcome
- Loan decision in minutes
- +2 more outcomes
Companies that use Inbank
Customer profileSegments3 records
Ideal customer profiles3 records
Inbank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
Inbank partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor.
- Fashion RetailersminorPartnership with fashion retailers enabling customers to purchase products with Inbank financing or 'Pay Later' options at checkout.
- Used Car DealersminorPartnership with used automobile dealers for auto loans and auto leasing products offered at point of sale.
- Electronics RetailersminorPartnership with electronics retailers enabling installment financing for consumer electronics purchases.
- Health and Beauty ProvidersminorPartnership with healthcare and aesthetic clinics for health loan financing solutions.
- Green Energy CompaniesminorPartnership with renewable energy and solar panel installers for energy efficiency loan products.
- Home and Garden RetailersminorPartnership with home improvement and garden retailers for renovation and home improvement financing.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Inbank competitors and assessment
Company assessmentDirect peers
- Bigbank: Estonian-headquartered digital consumer lender offering unsecured personal loans, vehicle finance, and deposits across the Baltics and other EU markets. Closest like-for-like peer to Inbank given overlapping geography, product set (unsecured consumer + auto), and digital-first distribution model.
- TF Bank: Swedish-licensed, Germany-headquartered consumer and SME lender with significant Nordic and Baltic presence. Directly comparable on cross-border EU consumer-credit playbook, unsecured lending, and a B2B/B2C partner distribution model that mirrors Inbank's merchant integrations.
- Resurs Bank: Nordic retail finance and BNPL provider offering consumer loans, credit cards, and point-of-sale financing through retail partners. Overlaps with Inbank's BNPL/Maksā vēlāk proposition, retail partner distribution across verticals, and pan-Nordic/Baltic consumer-credit positioning.
- Zinia (part of TF Bank): BNPL and consumer-credit brand operated within the TF Bank group across the Nordics and Baltics. Direct competitor to Inbank's Pay Later and small-ticket installment products in overlapping geographies.
- Svea Bank: Nordic financial group providing consumer loans, invoice and installment financing, and e-commerce payment solutions. Comparable on multi-country European consumer-credit distribution and B2B financing integrations with merchants.
Regional players
- Coop Pank: Estonian retail bank with growing consumer lending, leasing, and BNPL offerings primarily in Estonia. Comparable Baltic-market consumer-credit competitor with similar digital ambitions, though focused on Estonia rather than Latvia.
- LHV Pank: Estonian bank with consumer lending, hire-purchase, and small-ticket credit products targeted at the Baltic retail market. Adjacent competitor in the same Baltic consumer-credit category, with broader deposit and SME franchises.
Broad incumbents
- Klarna: Global BNPL and consumer-finance incumbent operating across Europe with a bank license in Sweden. Overlaps with Inbank's Pay Later product, merchant POS/e-commerce integration model, and pan-European license-led growth strategy at a vastly larger scale.
- Riverty: Bertelsmann-owned European BNPL and consumer-finance provider with broad merchant integrations and invoice/installment products. Comparable on the B2B BNPL distribution model, though operating primarily in DACH and Western Europe rather than the Baltics.
Others
- Credendo: European credit-insurance and trade-credit group with regional presence including the Baltics. Not a direct lending competitor but an adjacent financial-services peer relevant for understanding Baltic credit risk benchmarks and the regional institutional investor base that funds local lenders like Inbank.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Inbank social profiles
Digital presenceInbank compliance and trust
Trust signalCompliance1 record
Inbank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inbank leadership team
Management profileNumber of profiles
Profiles1 record
Inbank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inbank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inbank
What does Inbank do?
Inbank operates as a licensed digital lender in Latvia under SIA Inbank Latvia, offering unsecured consumer loans (€300–€15,000), small housing loans, renovation loans, energy efficiency loans, health loans, auto loans and leasing, refinancing, Smart Rent, and a Maksā vēlāk (Pay Later) BNPL product. Applications are completed 100% online through a calculator, automated bank account verification, and remote signing via Smart-ID and eParaksts, with decisions in minutes and same- or next-business-day fund disbursement. Merchant partners integrate the lending and BNPL products at point of sale through a partner portal and developer API.
Is Inbank a public or private company?
Inbank is a private company. It is classified as unknown and is currently operating.
When was Inbank founded?
Inbank was founded in 2014. It employs 11 to 50 people.
Where is Inbank based?
Inbank is headquartered in Riga, Latvia, in the Europe region.
How does Inbank make money?
Four revenue lines are on record. Consumer Lending Interest Income is the primary driver. The others are loan Origination Fees, monthly Account Servicing Fees and BNPL and Merchant Financing.
Who are Inbank's main competitors?
Direct peers on record are Bigbank, TF Bank, Resurs Bank, Zinia (part of TF Bank) and Svea Bank. Regional players are Coop Pank and LHV Pank. Broad incumbents are Klarna and Riverty. Credendo is listed as an others.
Does Inbank have an API?
Yes. Inbank provides a Developer Portal for API integration at https://docs.inbank.eu/ and a Partner Portal at https://partner.inbank.lv/lv/login. The API allows business partners to integrate Inbank's financing solutions (Maksā vēlāk / Pay Later, Smart Rent) into their e-commerce platforms. Developer documentation is at docs.inbank.eu.
What industry is Inbank in?
Inbank's product category is Consumer Lending. Its primary akta.pro industry code is FSAKACAE, BNPL Platform Infrastructure (APIs, Orchestration, Merchant Tools), with a secondary code of FSAKACAA, Merchant-Integrated BNPL (Online Checkout). Its NAICS code is 522220 and its SIC code is 6141.