MyInvestor status

MyInvestor is a leading Spanish neobank and fintech company, a digital financial institution that blends traditional banking services with modern technology. Founded in 2017, MyInvestor emerged from a strategic alliance involving Andbank Spain, El Corte Inglés Seguros, AXA Spain, and various family offices, with the mission to help clients manage their finances and guide them toward financial freedom. The company obtained its banking license in 2023, solidifying its position as a supervised entity by the Bank of Spain and the National Securities Market Commission (CNMV), with client funds protected by the Spanish Deposit Guarantee Fund up to €100,000. MyInvestor operates as a "supermarket" of financial products, providing a wide array of low-cost solutions to a broad audience, from individual savers to seasoned investors. Its core services include remunerated savings accounts, competitive mortgages, and a comprehensive investment platform. The investment offerings are a key differentiator, featuring an extensive selection of investment funds, including low-cost index funds from major global managers like Vanguard, iShares, Fidelity, and Amundi, often with no minimum investment. The company also offers a popular robo-advisor service for automated portfolio management, with minimal commissions starting from as low as €150. Beyond these, MyInvestor's platform includes a brokerage for stocks and ETFs, pension plans, and alternative investment options such as real estate crowdfunding and venture capital, making previously inaccessible products available to retail investors. A major focus of its strategy is transparency and low fees, aiming to put the customer first and challenge the high-cost models of traditional banking. MyInvestor has seen rapid growth since its inception, with a business volume exceeding €8 billion and a client base of nearly half a million. The company's commitment to financial education is evident through its Myblog, which provides free content, webinars, and podcasts to help users learn to invest. MyInvestor's success is built on its user-friendly digital interface, its open architecture that minimizes conflicts of interest, and its robust backing from established financial and retail giants, which provides both credibility and a strong foundation for continued expansion in the competitive Spanish and European financial markets.