The transaction, initially unveiled in April 2025, marks a significant deployment of capital into the Southeast European financial services sector. Advent oversees more than '85bn, equivalent to approximately $92bn, in assets under management and has completed 448 investments across 44 countries. tbi bank operates as a mobile-first challenger bank and a regional leader in alternative payment solutions. The business combines financing and shopping services to support both merchants and consumers. It currently operates in Bulgaria, Romania, and Greece, serving 2.7m customers through digital channels and a network of more than 38,000 merchant partner stores. In 2025 alone, the bank issued over 1m loans. 'The completion of the acquisition of tbi bank reinforces Advent's long-term commitment to Central and Eastern Europe, where we continue to deploy capital by combining deep local insight with global expertise,' said Milan Kulich, Managing Director at Advent. 'We look forward to working...
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