About Instabank
Instabank is a company based in Oslo (Norway) founded in 2016 was acquired by Lunar in March 2022. The company has 28 employees as of December 31, 2019. Instabank offers products and services including Refinansiering Loan, Instabank Credit Card, Sparekonto, and Bilateral Insurance. Instabank operates in a competitive market with competitors including Lunar, Bank Norwegian, Sbanken, Lea bank and Komplett Bank, among others.
- Headquarter Oslo, Norway
- Employees 28 as on 31 Dec, 2019
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Sectors
Financial Services
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Website
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Social
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- Legal Name Instabank Asa
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Products & Services of Instabank
Instabank offers a comprehensive portfolio of products and services, including Refinansiering Loan, Instabank Credit Card, Sparekonto, and Bilateral Insurance.
Enables debt refinancing for lower interest rates.
Provides credit with a low 17.9% interest rate.
Offers secure savings account for personal funds.
Covers payment protection and related risks.
Funding Insights of Instabank
Investors in Instabank
Instabank has secured backing from 1 investor. Prominent investors backing the company include Lunar.
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Lunar is recognized as a digital bank offering innovative financial solutions.
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Investor details for Instabank
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Instabank
Investment portfolio details for Instabank
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Financial Statements - Instabank
Detailed financials for Instabank
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Instabank Comparisons
Peer comparison for Instabank
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Competitors of Instabank
Instabank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lunar, Bank Norwegian, Sbanken, Lea bank and Komplett Bank, among others.
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Lunar is recognized as a digital bank offering innovative financial solutions.
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Digital bank for individuals
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Digital bank for consumers and businesses
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Digital retail banking services are offered to customers in Norway.
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Retail banking services are provided to individual customers in Norway.
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Detailed competitors of Instabank
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Latest news on Instabank
Complete news archive for Instabank
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Frequently Asked Questions about Instabank
Instabank was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Instabank is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
As of Dec 31, 2019, the latest employee count at Instabank is 28.
Annual revenue of Instabank is $69.86M as on Dec 31, 2024.
Instabank was founded in 2016 in Oslo, Norway, as an internet-first bank in the financial services sector. Deposits in high-interest savings accounts are insured up to 2 million. Consumer loans, refinancing options, and vehicle loans are provided to customers. Money transfers and bill payments are facilitated through online accounts, with operations centered in Norway.
Instabank offers Refinansiering Loan, Instabank Credit Card, Sparekonto, and Bilateral Insurance.
Instabank has 1 investor. Key investors include Lunar.