4finance, a European fintech lender, has reported solid first-half results for 2025 as it continues to grow its digital lending business, hitting €11 billion in lifetime online loans while preparing to divest its banking arm.
The Luxembourg-based group posted €26 million in net profit and €89.6 million in adjusted EBITDA for the first half of the year, highlighting its ability to balance profitability with expansion.
Online loan volumes held at €256.7 million, down slightly year-on-year, but the company said this reflects a deliberate strategy to prioritize sustainable margins over raw growth.
The company continues to explore new markets with a step-by-step approach. Its UK joint venture, ondal.co.uk, is scaling with “positive unit economics” and rising lending volumes, while a pilot launch in Georgia is testing auto loans.
In Mexico, where its kimbi.mx brand operates, growth has been slower, and the company said it isn’t ready to scale yet. Still, management sees emerging markets as a key part of long-term growth.
For now, the group’s financial footing remains solid: interest income climbed 11% to €235.5 million, while its cost-to-income ratio improved to 39.2%. Online adjusted EBITDA rose 14% year-on-year to €23.7 million.
4finance is also advancing a sale of its banking subsidiary, TBI Bank, which grew loan issuance 23% year-on-year to €653.2 million in the period. The divestment, announced in April, is still pending regulatory approval.
