Inbank is expanding into the Greek market by establishing a joint venture with one of Greece’s leading banks, Eurobank. The joint venture will be owned equally by Inbank and Eurobank.

The joint venture will combine Eurobank’s local market presence, customer reach and funding capabilities with Inbank’s technology platform and proven embedded finance experience across multiple European markets.

Commercial launch is expected in Q1 2027, subject to receipt of the necessary regulatory approvals.

According to Priit Põldoja, Chairman of the Management Board and CEO of Inbank, expanding into Greece marks an important milestone in the company’s European growth story. “Greece is a rapidly developing market where we see strong long-term growth potential. For Inbank, this also represents a completely new strategic direction, as we are entering a new market for the first time together with a strong local partner by combining our technology platform and product with their local market expertise. Eurobank is Greece’s largest bank by market capitalization, with clear growth ambitions and the trust of its customers. By combining Inbank’s technology platform with Eurobank’s funding capabilities, we have a strong opportunity to build something significant in the Greek market,” said Põldoja.

According to Fokion Karavias, CEO of Eurobank, the partnership combines Eurobank’s strong local market presence with Inbank’s proven embedded finance platform and operating model. “Embedded finance is reshaping how consumers access credit — closer to where purchasing decisions are made, faster, and fully digital. Our partnership with Inbank brings together Eurobank’s deep roots in the Greek market with a proven embedded finance platform and operating model. Together, we are well positioned to lead this segment in Greece,” said Karavias.

The parties have initiated the licensing process with the Bank of Greece to establish a Credit Company. Commercial launch is expected in Q1 2027, subject to receipt of the necessary regulatory approvals.