Finanbest
Finanbest is a Spanish roboadvisor distributed through MyInvestor bank, offering six hybrid (indexed + active) automated portfolios for retail investors, with management delegated to Andbank Wealth Management and custody at Inversis Banco.
- Company typePrivate
- Founded2017
- HeadquartersMadrid, Spain
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Finanbest does
Finanbest is a Madrid-based roboadvisor founded in 2017, operated as a product brand distributed through MyInvestor Banco, S.A. — a Spanish digital bank — rather than as a standalone licensed entity. Its core offering, Carteras Híbridas Finanbest, is a hybrid automated portfolio service combining index funds and actively managed funds drawn through an open-architecture model from international managers including Vanguard, BlackRock (iShares), Fidelity, Eurizon, and PIMCO. Investors complete an online questionnaire that assigns them to one of six risk profiles (White through Red), with equity exposures ranging from 0% to 100%; portfolios are systematically rebalanced weekly when fund weights deviate 5% or more from targets. Portfolio management is delegated to Andbank Wealth Management, SGIIC, S.A.U. (CNMV #237) and custody is held with Inversis Banco, S.A. (Banco de España supervised).
The technology stack is rules-based and algorithmic: automated portfolio monitoring, deviation-triggered rebalancing, tax-efficient redemption sequencing (selling lowest-gain positions first), and an AXA money-market bridge-fund mechanism that enables tax-free portfolio transfers from other roboadvisors. No machine-learning components, proprietary models, or AI research are disclosed; the system is best characterized as deterministic automation software.
Revenue is generated solely through asset-based fees: annual management fees of 0.13%–0.37% (sliding inversely with portfolio size) plus a 0.15% custody fee (VAT included), yielding total portfolio costs of 0.51%–0.81% annually. The minimum to invest is €150, with no account-opening minimum and no commissions on trading operations. The go-to-market is fully digital, product-led, and retail-B2C, targeting retail investors lacking financial knowledge or time, with no physical distribution and no disclosed enterprise or B2B revenue stream. Leadership comprises four named executives (CEO Asier Uribeechebarria, CIO Frederic Dupuy, CMO Cecilia Alonso, COO Javier Martinez) across an 11–50-person team.
Finanbest firmographics
Firmographics- Name
- Finanbest
- Legal name
- Andbank Wealth Management, SGIIC, S.A.U.
- Website
- https://finanbest.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Finanbest is a Spanish roboadvisor distributed through MyInvestor bank, offering six hybrid (indexed + active) automated portfolios for retail investors, with management delegated to Andbank Wealth Management and custody at Inversis Banco.
- Ownership category
- akta.pro rank
Finanbest industry classification
Industry- Product category
- Robo-Advisory / Automated Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Direct-to-Consumer Robo-Advisors (Retail Automated Portfolios) (FSAGAEAA)
- akta.pro secondary industries
- Automated Rebalancing, Tax-Loss Harvesting & Tax-Optimized Investing Tools (FSAGAEAE), Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO)
Keywords
Where Finanbest is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Markets served
Finanbest business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Annual management fees charged based on portfolio value, ranging from 0.13% to 0.37% depending on portfolio size.
- Custody Fees: Annual custody fee of 0.15% (VAT included) charged quarterly from the cash account linked to the portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Management fee: 0.13% to 0.37% based on portfolio value |
| Subscription | Quarterly | Custody fee: 0.15% (VAT included) |
| Unit Pricing | Pay-as-you-go | Minimum investment: €150, Minimum periodic contributions: €150 |
| Other | Pay-as-you-go | No commission on purchase, transfer, redemption, or change of distributor |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Finanbest product offering
Product offeringCore offering
Finanbest offers Carteras Híbridas Finanbest, a hybrid roboadvisor service that invests customer funds in globally diversified portfolios combining index funds and actively managed funds from international managers such as Vanguard, BlackRock, Eurizon, PIMCO, and Fidelity. The product provides six risk profiles (White through Red, ranging from 0% to 100% equities), automated portfolio management with weekly rebalancing, and a minimum investment of €150 with automated periodic contributions from €150, offered through the MyInvestor digital banking platform.
Product overview
Finanbest is a sub-brand of MyInvestor offering hybrid portfolio management (Carteras Híbridas Finanbest) — a roboadvisor service combining index funds and actively managed funds from international fund managers (Vanguard, BlackRock/iShares, Fidelity, Eurizon, PIMCO). The core product offers six risk profiles (White through Red), managed by Andbank Wealth Management (CNMV-regulated) with custody at Inversis Banco. Key modules include an automated online risk questionnaire for portfolio assignment, periodic contribution automation, tax-optimized portfolio transfers, monthly income services, and systematic rebalancing. The portfolios provide daily liquidity with total annual costs between 0.51%–0.81%.
Differentiator
Problem solved
Functional benefit
Brands
- Carteras Híbridas Finanbest: Hybrid portfolios combining index funds and actively managed funds, offering six risk profiles (White, Grey, Blue, Yellow, Orange, Red) with net annual returns ranging from historical data showing 10.2% annualized for the Red (100% equity) portfolio.
Products and services
- Carteras Híbridas Finanbest (Finanbest Hybrid Portfolios)
Quantifiable outcome
- Net annualized return of 10.2% for the Red portfolio (100% equity) from 31/12/2017 to 31/05/2026
- +3 more outcomes
Companies that use Finanbest
Customer profileSegments3 records
Ideal customer profiles3 records
Finanbest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
Finanbest partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Andbank Wealth Management, SGIIC, S.A.U.coreDelegated portfolio manager for MyInvestor's automated portfolios. Registered with CNMV under number 237. Provides the discretionary portfolio management services and algorithmic portfolio construction that powers the roboadvisor.
- Inversis Banco, S.A.coreDepositary entity for funds managed by Andbank Wealth Management. Subject to supervision by Banco de España and CNMV. Registered in Official Bank Registry under number 0232. BIC code: INVLESMM.
- VanguardminorOne of the international fund managers whose funds are included in the hybrid portfolios, selected independently through open architecture.
- BlackRock (iShares)minorInternational fund manager whose funds are included in the hybrid portfolios, selected independently through open architecture.
- EurizonminorInternational fund manager whose funds are included in the hybrid portfolios, selected independently through open architecture.
- PIMCOminorInternational fund manager whose funds are included in the hybrid portfolios, selected independently through open architecture.
- AXA (AXA Tresor Court Terme)minorMonetary fund used as a bridge fund for tax-efficient transfers from external funds to the automated portfolio.
Scale indicators3 records
Recent moves6 records
Expansion highlights3 records
Finanbest competitors and assessment
Company assessmentDirect peers
- Indexa Capital: Spain's largest robo-advisor and Finanbest's most direct competitor. Also offers automated portfolio management via indexed funds with low fees, multiple risk profiles, and self-serve onboarding — directly competing for the same Spanish retail investor segment.
- MyInvestor Carteras Indexadas: Sister product offered through the same MyInvestor platform as Finanbest. Offers 100% indexed portfolios with similar risk profile structure — competes directly with Finanbest's hybrid approach for the same MyInvestor customer base.
- Self Bank (EVO Banco): Spanish digital bank offering automated investment portfolios and funds to retail investors. Competes in the same self-serve digital wealth space with comparable product positioning and fee structure.
Broad incumbents
- Openbank Wealth (Santander): Santander's digital bank offers automated portfolio management 'Open Wealth' with low fees, leveraging massive parent-bank distribution. A scaled incumbent entrant competing for the same Spanish retail digital wealth customer.
- Renta 4 Gestora: Spanish asset manager offering automated portfolio services and model portfolios to retail clients. A more established incumbent in Spanish retail investment management competing for similar customers through traditional and digital channels.
Emerging players
- Trii (formerly Welzia Invest): Emerging Spanish wealth-tech offering automated portfolio management with a more modern app-based UX. Competes for younger Spanish retail investors seeking digital-first automated investing experiences.
- Wealthsimple: Leading North American robo-advisor offering automated portfolios, multiple risk profiles, and low fees. Operates in a different geography but is a useful peer for benchmarking product positioning, UX, and pricing strategy of digital wealth management.
Others
- Myinvestor (parent bank): The Spanish neobank that distributes Finanbest products. While not a competitor, MyInvestor's broader investment offerings (broker, plans, alternative investments) provide adjacent context and could substitute for Finanbest products within the same platform.
Regional players
- Nutmeg: UK-based robo-advisor offering automated portfolio management with multiple risk profiles and open-architecture fund selection. Operates in a different geography but comparable European digital wealth platform for cross-market benchmarking.
- Scalable Capital: Germany's largest robo-advisor offering automated portfolio management with risk-profiled strategies and low fees. Operates primarily in Germany/Austria but exemplifies the European hybrid-model robo-advisor comparable to Finanbest's positioning.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Finanbest social profiles
Digital presenceFinanbest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finanbest leadership team
Management profileNumber of profiles
Profiles4 records
Finanbest funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finanbest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finanbest
What does Finanbest do?
Finanbest offers Carteras Híbridas Finanbest, a hybrid roboadvisor service that invests customer funds in globally diversified portfolios combining index funds and actively managed funds from international managers such as Vanguard, BlackRock, Eurizon, PIMCO, and Fidelity. The product provides six risk profiles (White through Red, ranging from 0% to 100% equities), automated portfolio management with weekly rebalancing, and a minimum investment of €150 with automated periodic contributions from €150, offered through the MyInvestor digital banking platform.
Is Finanbest a public or private company?
Finanbest is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finanbest founded?
Finanbest was founded in 2017. It employs 11 to 50 people.
Where is Finanbest based?
Finanbest is headquartered in Madrid, Spain, in the Europe region.
How does Finanbest make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are custody Fees.
Who are Finanbest's main competitors?
Direct peers on record are Indexa Capital, MyInvestor Carteras Indexadas and Self Bank (EVO Banco). Broad incumbents are Openbank Wealth (Santander) and Renta 4 Gestora. Emerging players are Trii (formerly Welzia Invest) and Wealthsimple. Myinvestor (parent bank) is listed as an others. Regional players are Nutmeg and Scalable Capital.
Does Finanbest have an API?
No public API is recorded for Finanbest.
What industry is Finanbest in?
Finanbest's product category is Robo-Advisory / Automated Investment Management. Its primary akta.pro industry code is FSAGAEAA, Direct-to-Consumer Robo-Advisors (Retail Automated Portfolios), with a secondary code of FSAGAEAE, Automated Rebalancing, Tax-Loss Harvesting & Tax-Optimized Investing Tools. Its NAICS code is 523940 and its SIC code is 6282.