Instabank is a niche bank focusing on consumer finance products in Norway, Finland and Sweden. The bank’s offering includes unsecured loans, mortgages, point of sales (POS) financing, credit cards, insurance and deposits. The products are highly customizable and customer friendly. Instabank also offers deposits in Germany through a partnership with Raisin Bank.

The bank’s low cost and highly flexible technology and operational platform has led to market leading growth in both outstanding loans and net profit. As of 2021, the bank had around 48.000 customers, BNOK 3,8 in net loans outstanding and a net profit of MNOK 83.

Instabank ASA was granted a banking license by The Financial Supervisory Authority of Norway (Finanstilsynet) in end 2016.

Instabank has its headquarters and only office in Oslo, Norway.

Instabank is listed on Euronext Growth at Oslo Børs with ticker INSTA. Kistefos is the largest shareholder with 25 % of the shares outstanding.

For more information, please visit www.instabank.no

Nishant Fafalia

Investment Director

Nicolai Lunde

Investment Analyst

+47 23 11 70 25

nicolai.lunde(a)kistefos.no

Key facts

Sector

Consumer finance

Country

Norway

Ownership

25,0%

Entry

2018

Board of Directors

Chairman

Mona Cathrin Nylander

Member

Odd Harald Hauge

Member

Siv Felling Galligani

Member

Thomas Berntsen

Member

Petter Ek Jacobsen

Member

Henning Munkvold

Management

CEO

Robert Berg

CFO

Per K. Haug