Question 1

What is Inbank?

Accepted Answer

Inbank is the Lithuanian branch (filialas) of AS Inbank, an Estonian fintech bank specializing in embedded consumer finance and point-of-sale lending solutions. Operating in Lithuania since 2018, Inbank provides retail financing products integrated directly into merchant checkout experiences, serving both online and offline retailers. The branch is part of Inbank's broader European network that serves over 872,000 active client contracts across eight markets.

Inbank's Lithuanian operations were significantly strengthened through the 2018 acquisition of Mokilizingas, a leading Lithuanian consumer finance company, providing established market presence and local expertise.

Question 2

When was Inbank founded?

Accepted Answer

Inbank entered the Lithuanian market in 2018 through the acquisition of Mokilizingas, a leading consumer finance company with deep roots in the Lithuanian market. This acquisition provided Inbank with immediate scale, local knowledge, and an established customer base in Lithuania.

The Lithuanian branch received formal authorization on January 1, 2021. The parent institution, AS Inbank, was founded in 2010 in Tallinn, Estonia, by former banking executives Jan Andresoo and Priit Põldoja, obtaining its EU banking license in 2015.

Question 3

Where is Inbank headquartered?

Accepted Answer

Inbank's Lithuanian branch is headquartered in Vilniaus m. sav. Vilniaus m. (Vilnius city municipality), Lithuania. The parent bank, AS Inbank, maintains its headquarters in Tallinn, Estonia, where central operations, technology development, and risk management are coordinated for all European operations.

Question 4

Where does Inbank operate?

Accepted Answer

Inbank operates throughout Lithuania, serving customers primarily through digital channels and point-of-sale integrations with retail partners. The bank does not maintain a traditional branch network but instead partners with approximately 6,000+ merchants across its European footprint to provide embedded financing at the moment of purchase.

In Lithuania, Inbank leverages the infrastructure and market knowledge gained through the Mokilizingas acquisition to serve customers across urban and rural areas, delivering services through online platforms, mobile applications, and in-store point-of-sale systems.

Question 5

What services does Inbank offer?

Accepted Answer

Inbank Lithuania specializes in point-of-sale consumer financing solutions integrated directly into retail checkout processes. Core products include installment loans, buy-now-pay-later (BNPL) financing, and consumer credit for purchases of goods and services from partner merchants.

The bank's technology platform enables instant credit decisions at checkout, allowing consumers to finance purchases seamlessly without leaving the merchant's website or store. Financing is available for both online and physical retail transactions, with the credit application process fully digitized and embedded within the shopping experience.

Inbank Lithuania also participates in deposit collection through partnerships, enabling Lithuanian consumers to access competitive savings products. The bank leverages proprietary underwriting technology and next-generation risk assessment algorithms to provide rapid credit approvals.

Question 6

What makes Inbank unique?

Accepted Answer

Inbank Lithuania distinguishes itself through its embedded finance model combined with strong local market presence inherited from the Mokilizingas acquisition. The acquisition of a leading Lithuanian consumer finance company gave Inbank immediate credibility, market share, and understanding of Lithuanian consumer behavior and preferences.

The bank's technology-driven platform enables real-time credit decisions using advanced algorithms and automated underwriting, typically providing approval within seconds at the point of sale. This efficiency benefits both merchants, who can increase sales through accessible financing, and consumers, who gain instant access to credit for purchases.

As part of the Estonian-founded Inbank Group, the Lithuanian branch benefits from Estonia's reputation as one of Europe's most advanced digital economies while maintaining local market expertise. The parent bank has achieved 12 consecutive years of profitable growth, demonstrating the viability and sustainability of its business model.

Inbank's singular focus on retail financing—rather than attempting to be a universal bank—allows it to optimize products, technology, and partnerships specifically for the consumer shopping experience.

Question 7

What type of financial institution is Inbank?

Accepted Answer

Inbank is an EEA branch (filialas) of a foreign credit institution operating in Lithuania. Under Lithuanian banking law, EEA branches are authorized to provide banking services based on their home country license, supervised by their home regulator (the Estonian Financial Supervisory Authority) with coordination from the Bank of Lithuania (Lietuvos bankas).

As a branch of an EU-licensed credit institution, Inbank Lithuania can offer the full range of services authorized under the parent bank's Estonian banking license, including consumer lending, deposit taking, and payment services. Deposits at Inbank Lithuania are protected through Estonia's deposit guarantee scheme (Tagatisfond) up to €100,000 per depositor, as is standard for EEA branches where protection comes from the home country rather than the host country.

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About Inbank in Lithuania