Market announcement
AS Inbank
LEI code
2138005M92IEIQVEL297
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
10439
Submission date and time
21.06.2023 08:30:00
Content of announcement in Estonian
Title
Inbank suurendas osalust sõidukite täisteenusrendi ettevõttes Mobire 65%-ni
Message
20.06.2023 allkirjastas AS Inbank lepingu veel 12% osaluse omandamiseks sõidukite ta?isteenusrendi ettevõttes Mobire Group OÜ. Tehingu järel kuulub Inbankile 65% Mobire aktsiatest. Poolte kokkuleppel tehingu hinda ei avalikustata. Tehingu eesmärgiks on suurendada uuendusliku püsitasul põhineva autorendi äri osakaalu Inbanki portfellis ning kiirendada Mobire kasvu Balti riikides. Lisaosaluse omandamine Mobire Groupis ei avalda olulist mõju Inbanki majandustegevusele. Inbanki Baltikumi äriüksuse juhi ja juhatuse liikme Margus Kasteini sõnul investeerib Inbank kui kasvule orienteeritud ettevõte ärimudelitesse, mida on võimalik rahvusvaheliselt skaleerida. ?Kogu maailm liigub kiiresti suunas, kus mitmesuguste kaupade või teenuste ostmist asendab nende rentimine. Usume, et Mobirel on suur kasvupotentsiaal kõigis Balti riikides," selgitas Kastein. Ta lisas, et Inbank tunneb hästi autode finantseerimise valdkonda ja Baltikumi turgu, mistõttu sobib Mobire Inbanki pikaajalise strateegiaga. Mobire Group pakub Eestis, Lätis ja Leedus sõidukite täisteenusrenti era- ja äriklientidele. Mobire autopargis on üle 4000 sõiduki. Ettevõtte 2022. aasta konsolideeritud käive oli 27,4 miljonit eurot. Inbank on Euroopa Liidu panganduslitsentsiga finantstehnoloogiaettevõte, mis ühendab kaupmehi, tarbijaid ja finantsasutusi järgmise põlvkonna embedded finance platvormil. Koostöös 5400+ kaupmehega on Inbankil 872 000+ aktiivset lepingut ja hoiuseid kogutakse kaheksas Euroopa riigis. Inbanki allutatud võlakirjad on noteeritud Nasdaq Tallinna börsil. Lisainfo: Merit Arva Inbank AS kommunikatsioonijuht [email protected] +372 553 3550
Content of announcement in English
Title
Inbank increases stake in full-service vehicle rental company Mobire to 65%
Message
On 20 June 2023, Inbank signed an agreement to acquire an additional 12% stake in the full-service vehicle rental company Mobire Group OÜ. As a result, Inbank now owns 65% of Mobire's shares. The parties have agreed not to disclose the price of the transaction. The purpose of the transaction is to increase the share of the innovative subscription-based car business in Inbank's portfolio and to accelerate Mobire's growth in the Baltics. The acquisition of an additional stake in the Mobire Group will not have a significant impact on the economic activities of Inbank. According to Margus Kastein, Head of Inbank's Baltic Business Unit and Member of the Board, as a growth-oriented company, Inbank invests in business models with international scalability. 'The whole world is rapidly moving in the direction where renting various goods or services replaces buying them. We believe that Mobire has great growth potential throughout the Baltics,' explained Kastein. He added that Inbank knows the field of car financing and the Baltic market well, which is why Mobire is a good fit with Inbank's long-term strategy. Mobire Group with a fleet of more than 4,000 vehicles offers full-service vehicle rentals to private and business customers through its Estonian, Latvian and Lithuanian subsidiaries. The company's consolidated turnover in 2022 was 27.4 million euros. Inbank is a financial technology company with an EU banking licence that connects merchants, consumers and financial institutions on its next generation embedded finance platform. Partnering with 5,400+ merchants, Inbank has 872,000+ active contracts and collects deposits across 8 European markets. Inbank Tier 2 bonds are listed on the Nasdaq Tallinn Stock Exchange. Additional information: Merit Arva Inbank AS Head of Communications [email protected] +372 553 3550