Latvia, April 18 -- 4finance Holding S.A. (the 'Group' or '4finance'), one of Europe's largest digital consumer lending groups, has entered a definitive agreement for the sale of TBI Bank EAD ('tbi') via its subsidiary TBI Financial Services B.V. to Advent, a leading global private equity investor. The transaction is subject to customary regulatory approvals and is expected to close in Q4 2025. The total value of the consideration exceeds 2024 year-end book value, with more than 75% of this cash consideration paid at closing and the balance covered by an earnout over the following 18 months. 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 ...