About EVO Bank
EVO Bank is a company based in Madrid (Spain) founded in 2012 was acquired by Bankinter in September 2018.. EVO Bank offers products and services including Cuenta Inteligente Bienvenida, Hipoteca Inteligente, and EVO App. EVO Bank operates in a competitive market with competitors including Revolut, Bunq, Fundsfy, Ikualo and Fiare Banca Etica, among others.
- Headquarter Madrid, Spain
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bankinter S.A.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of EVO Bank
EVO Bank offers a comprehensive portfolio of products and services, including Cuenta Inteligente Bienvenida, Hipoteca Inteligente, and EVO App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Free account with rewards and deposits for new customers.
Online mortgage service for home financing options.
Mobile app for banking and payment management.
Funding Insights of EVO Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EVO Bank
EVO Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bankinter and Apollo Global Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Buyouts are targeted through private equity investments by the firm.
|
Founded Year | Domain | Location | |
|
Retail and business banking services are provided in Spain.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by EVO Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - EVO Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evo Bank Comparisons
Competitors of EVO Bank
EVO Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Revolut, Bunq, Fundsfy, Ikualo and Fiare Banca Etica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
|
|
| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
|
|
| domain | founded_year | HQ Location |
Online banking and savings investment services are provided to consumers.
|
|
| domain | founded_year | HQ Location |
Digital app for immigrants to open accounts, transfer money, and get debit cards.
|
|
| domain | founded_year | HQ Location |
Delivers comprehensive online banking services and savings options.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Evo Bank
Frequently Asked Questions about EVO Bank
When was EVO Bank founded?
EVO Bank was founded in 2012.
Where is EVO Bank located?
EVO Bank is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
What does EVO Bank do?
EVO Bank was established in 2012 as an internet-first commercial bank based in Madrid, Spain. Operations focus on digital platforms for providing core banking services, including deposits, loans, and payment solutions to businesses and individuals. The bank operates primarily within the Spanish market, emphasizing efficient online access without traditional physical branches. Sector involvement centers on fintech-enabled commercial finance.
Who are the top competitors of EVO Bank?
What products or services does EVO Bank offer?
EVO Bank offers Cuenta Inteligente Bienvenida, Hipoteca Inteligente, and EVO App.
Who are EVO Bank's investors?
EVO Bank has 2 investors. Key investors include Bankinter, and Apollo Global Management.