Estonian Inbank launches services in Poland

Estonian Inbank has launched its operations in Poland and hopes to give PLN 100 million worth of loans this year. “Poland is a big market, open to new technologies in banking. We see positive trends and big growth dynamic when it comes to consumer loans,” Priit Põldoja, Inbank's co-founder said in a press release. Inbank is a former fintech company which started operating as a bank in April 2015. It offers loans and deposits via its internet banking platform and a network of partners. It specializes in quick-loans and short-term deposits. In February this year, it received operational license from the Polish financial market regulator KNF. Besides Poland and Estonia it operates on Austrian, German and Lithuanian markets.