Financial Technology
2025
Advisor to 4finance on its sale of
to
Completion subject to customary conditions (including regulatory approvals)
Leading global private equity investor, Advent International, to acquire TBI Bank EAD, South East Europe's leading tech-enabled challenger bank, from 4finance Holdings S.A.
In April 2025, 4finance Holding S.A. ("4finance"), one of Europe’s largest digital consumer lending groups, entered a definitive agreement for the sale of TBI Bank EAD ("tbi") to Advent International (“Advent”), a leading global private equity investor.
tbi is a rapidly growing and highly profitable South East European, tech-enabled challenger bank that is evolving from an embedded finance model into a broader ecosystem integrator. tbi is already playing a key role in the convergence of merchants and consumers in its markets with its one-stop, mobile-led financial and lifestyle proposition.
As a global financial investor with local experience, Advent has built a strong track-record of investing in the banking and financial technology sectors, including investments into Nubank (Brazil), Aareal Bank (Germany), KreditBee (India), Yes Bank (India), and Addiko (Austria).
Kieran Donnelly, CEO of 4finance, said “Continuum conducted a successful competitive auction for the sale of tbi. I commend them for their tailored and thoughtful approach to the transaction and their ability to negotiate a sale to a highly respected global investor in financial services and financial technology, notwithstanding the ongoing global market uncertainty.”
Link to press release: 4finance enters into definitive agreement for the sale of TBI Bank to Advent
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Continuum Advisory Partners Limited ("Continuum") is incorporated and registered in England and Wales with registered no. 14189636. Continuum is an appointed representative (Firm Reference Number 979923) of Kroll Securities Ltd., which is authorised and regulated by the Financial Conduct Authority.