CEO
MyInvestor
MyInvestor is a neobank that offers investment solutions through a digital platform, providing high-yield accounts with 2% interest and low-cost access to automated portfolios, funds, and various investment products. It addresses the challenge of high entry barriers in investing by allowing users to start with as little as €1 and minimizing management fees to enhance overall returns.
- Applications
- Financial Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$96.4MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Traditional investment platforms often have high entry barriers, requiring significant initial investments and charging substantial management fees, which can deter new or smaller investors. This makes it difficult for individuals with limited capital to access diverse investment opportunities and maximize their returns.
Solution
MyInvestor is a digital neobank that lowers the barriers to entry for investing by allowing users to start with as little as €1 and offering high-yield accounts with a 2% interest rate. The platform provides access to automated portfolios, investment funds, stocks, ETFs, and other investment products with minimal management fees. By reducing costs and investment minimums, MyInvestor aims to make investing more accessible and profitable for a broader range of users.
Target Audience
MyInvestor targets individuals seeking accessible and low-cost investment solutions, particularly those who are new to investing or have limited capital.
Features
- High-yield current accounts offering 2% TAE interest up to €70,000.
- Investment options starting from €1.
- Low commission rates on investment products, including a 0.12% trading fee for stocks and ETFs and a 0.30% currency exchange fee.
- Automated investment portfolios (robo-advisor) for diversified risk management.
- Access to investment funds from leading international managers like Vanguard.
- Mortgages and financing options for investment purposes.
- Educational resources, including a financial education blog and webinars.
- Access to alternative investments.