4finance Finalizes Sale of TBI Bank to Advent International

4finance Holding S.A., a prominent digital consumer lending group, has completed the sale of TBI Bank EAD to Advent International. This transaction marks a significant strategic milestone for 4finance, allowing it to concentrate more on its online business activities. The company expressed its gratitude to the TBI team for their contributions and extended best wishes to Advent International as the new owner.

This move is intended to streamline 4finance's focus on digital operations, enhancing its capacity to offer efficient lending solutions across its markets. Further discussions regarding 4finance’s future plans will be communicated through an upcoming investor call.

The sale aligns with 4finance’s long-term strategy of leveraging automation and data-driven insights to maintain its position as a key player in the digital lending industry across Europe.