Qorus Banking Innovation Awards 2021 - Winner

MYINVESTOR, the biggest fintech in Spain.

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14/08/2021 Banking Innovation

About

Not only a Neobank; not only a Challenger Bank; not only a Roboadvisor; not only a Wealthtech. We disrupt the financial sector. We make finance easy, fun and transparent. We democratize investment. Clients love us.

Innovation presentation

We are a neobank with expertise in investment that offers an unique marketplace and all the guarantees and security of traditional banking, offering the best user experience.

The idea, in three points:

WHEN: Andbank España, the leading bank in high wealth management in Spain with over 15 billion of assets under management, launched MyInvestor at the end of 2017.

WHY: We had the know-how – Andbank has spent 90 years managing large fortunes –, the support of the shareholders and the firm belief that there was a gap in Spain that we could cover.

OUR MISSION: To help clients manage their wealth, placing the best investment products within their reach, independently of their acquisition power.

With a business volume of more than 1 billion euros, MyInvestor is the biggest fintech in Spain and 12th biggest fintech in Europe.

Uniqueness of the project

Our value preposition

- We make finance easy and transparent, with no hidden commissions nor compulsory products. Always, 100% digital solutions.

- We democratize investment with low costs and no or low minimum investments. An unbeatable product portfolio. For example, we market Vanguard and iShares index funds with no minimum investment when the general classes of these products start at 100,000 euros in the case of Vanguard and between 5,000 and a million euros in the case of iShares.

-Transparent mortgages with highly competitive prices and no linked products. Our clients can manage to save over 20,000 € by moving their bank loan.

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