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MyInvestor Hits €20B Milestone Weeks After 1M Clients

Spain's neobank, backed by Andbank and AXA, doubled its volume to €20 billion amid explosive growth fueled by diverse low-cost investments and high-yield savings.

Key Points

  • Investment products total €14.6B (73%), deposits €4.7B, credit €700M.
  • Grew from €5B/260K clients in Mar 2024 to €20B/1M+ in Sep 2026.
  • Driven by roboadvisors, index funds, 2,500 funds, ETFs, VC, crowdfunding.
  • Tier 1 ratio >52%, CET1 24%; remunerated accounts up to 3.5% APR.

MyInvestor, the digital bank backed by Andbank, El Corte Inglés Seguros, AXA and several family offices, has reached €20 billion in total business volume just weeks after surpassing one million clients.

Investment products account for the bulk of this figure, totalling €14.6 billion or about 73% of the overall amount. Accounts and deposits make up €4.7 billion, while credit stands at €700 million.

The neobank's expansion has accelerated sharply over the past two and a half years. In March 2024, it managed €5 billion in volume with more than 260,000 clients. By May 2025, those numbers had doubled to €10 billion and over 550,000 clients. Now, in September 2026, volume has doubled again while the client base has nearly doubled to exceed one million.

Automated portfolios, known as roboadvisors, and index funds have driven much of the growth. MyInvestor offers an extensive range of options unmatched in Spain, including 2,500 investment funds, 100 pension plans, stocks, ETFs, venture capital, real estate crowdfunding and crowdfactoring.

Savings products have also boosted the rise, particularly the remunerated account and deposits yielding up to 3.5% APR. The bank maintains strong financial health, with a Tier 1 capital ratio above 52% and a CET1 of 24%, positioning it among Spain's most solid institutions.

Carlos Aso, MyInvestor's founder, credited the milestone to the platform's original 2017 mission of broadening access to investing through diverse, low-cost products. He described it as a way to foster a more prosperous society by enabling simple, barrier-free participation for greater numbers of people.

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