MyInvestor
Calle Príncipe de Vergara 108, Madrid, 28002, Spain
Overview
MyInvestor is a Spanish neobank that offers accounts, deposits, cards, robo-advisor portfolios, funds, stocks, ETFs, crowdfunding, mortgages and consumer and investment loans. It is backed by Grupo Andbank, El Corte Inglés Seguros, AXA España and several family offices, and is supervised by the Banco de España and the CNMV and adheres to the Spanish Deposit Guarantee Fund. In 2023 MyInvestor posted its first profit, reported a non-performing loan ratio below 0.1%, and a Tier1 capital ratio above 40%. The company nearly doubled its customers in 2023 to over 220,000 and grew its volume of business from €2,263m to €4,373m, including €2,120m in investment products, €1,840m in customer accounts and deposits, and €413m in lending. MyInvestor is using recent capital raises to strengthen solvency and continue expanding its balance sheet, positioning itself among the highest-ranked Spanish banks by solvency ratios. The bank also issues convertible shares to strategic investors and entrepreneurs as part of its financing strategy.
- Total raised
- $49M
- Funding rounds
- 1
- Latest round
- Series C
- Latest activity
- Jan 2024
Industries
- Banking
- Financial Services
Recent funding
Series C
Jan 2024
$49M