What Singular Bank does

Singular Bank, S.A.U. is the first independent private bank in Spain, headquartered at Calle Goya 11, Madrid, and supervised by the Banco de España under registration number 1490. The entity was launched in January 2020 on the foundation of Self Bank, a digital banking platform originally acquired from Société Générale's Boursorama subsidiary in February 2019 by private equity firm Warburg Pincus and CEO Javier Marín Romano (formerly head of Santander's private banking division). Singular Bank serves both self-directed retail investors and high-net-worth individuals across Spain through three relationship channels: the Self Bank digital platform for self-directed trading and deposits; Asesoramiento Singular, an advisory offering combining personal banker support with digital tools; and Gestión Discrecional Singular, a discretionary portfolio management service.

The bank's product surface spans investment funds (access to 3,000+ funds via open architecture), proprietary funds managed through its wholly-owned asset management subsidiary Singular Asset Management SGIIC (including Belgravia Epsilon FI absolute return strategy with a 370% cumulative return since 1999, Belgravia Capital Value Strategy FI, SWM España Gestión Activa FI, SMW Renta Fija Objetivo 2025 FI, and the ALMA V private equity fund), brokerage services (stocks, CFDs), term deposits, savings accounts, credit cards, mortgages, and corporate advisory services (acting as registered advisor and liquidity provider for IPOs on BME Growth and MARF). Technology infrastructure centers on a digital-first banking platform with digital onboarding via NFC-enabled electronic IDs, a real-time credit decisioning platform (Expediente de Crédito), and the proprietary Singularity AI system developed in-house and recognized by OpenAI as a featured AI use case for the European financial sector.

Singular Bank generates revenue through four primary streams: recurring investment management and advisory fees from AUM; trading and brokerage commissions through Self Bank; advisory fees on managed portfolios; and traditional banking product margins (deposits, credit, mortgages). It is controlled by Warburg Pincus, with leadership principally recruited from Santander, Barclays, JPMorgan, UBS, and Andbank. The bank operates a network of 15+ physical offices across Spain's major regions and an additional digital channel, reaching €17 billion in assets under management and entering its first year of profitability in 2025, with Q1 2026 operating profit tripling to €3 million. Capital and liquidity metrics are exceptionally strong (CET1 >30%, LCR >3,600%), positioning the institution among the most solvent in Europe.

Name

Singular Bank

Legal name

Singular Bank, S.A.U.

Website

https://singularbank.es

Company type

Private

Founded year

2020

Operating status

Operating

Short description

Singular Bank is the first independent private bank in Spain, serving self-directed investors and high-net-worth clients through three channels: the Self Bank digital brokerage, advisory services via a network of 15+ offices, and discretionary portfolio management, with €17B+ in AUM and Warburg Pincus sponsorship.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

akta.pro secondary industries

Affluent / Mass-Affluent Private Banking (FSABADAC), Retail-focused Neobanks (Mass Market) (FSABAFAA), Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

Keywords

• Private banking services
• Wealth management advisory
• Discretionary portfolio management
• Digital investment brokerage
• Asset management funds

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Advisory and Wealth Management Services: Singular Bank generates revenue through advisory services, discretionary portfolio management, and financial planning for high-net-worth clients. The bank serves clients through personal bankers and specialists in investment products, wealth planning, and real estate advisory.
2. Investment Management Fees: Management fees from proprietary funds and third-party fund distribution, including commissions from the Self Bank digital platform serving self-directed investors with access to 3,000+ investment funds.
3. Trading and Brokerage: Self Bank by Singular Bank operates as a multi-product broker offering stocks, CFDs, and trading services, generating transaction-based revenue from active trading clients.
4. Banking Products: Revenue from traditional banking products including deposits, current accounts, credit cards, loans, and mortgages with associated fees and interest margins.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Singular Bank is Spain's first independent private bank offering wealth management, investment advisory, and discretionary portfolio management to individual clients through three service models: the Self Bank digital platform for self-directed investors, Asesoramiento Singular with personal bankers at 15+ physical offices, and Gestión Discrecional Singular for fully delegated portfolio management. The bank also provides traditional banking products (current accounts, deposits, cards, mortgages, credit) and proprietary and third-party investment funds (over 3,000 funds) via its Singular Asset Management subsidiary.

Product overview

Singular Bank operates as a unified financial services platform combining independent private banking, digital banking, and asset management. The core offering spans three relationship models: Self Bank for self-directed digital banking (trading, deposits, daily banking), Singular Advisory for advisory clients wanting banker support with digital tools, and Singular Discretionary Management for full portfolio management. The proprietary Singular Asset Management subsidiary manages a fund suite including Belgravia Epsilon (absolute return), Belgravia Capital Value Strategy (equity), SMW Renta Fija Objetivo 2025 (fixed income), and Alma V FIL (alternative). Supporting technology services include digital onboarding with NFC-enabled eIDs, real-time credit platforms, and AI-powered Singularity system. The bank serves retail through Self Bank and high-net-worth clients through personalized private banking services.

Differentiator

Problem solved

Functional benefit

Brands

• Singularity: AI-powered investment intelligence platform developed by Singular Bank, recognized by OpenAI as a leading use case in European financial services.
• Asesoramiento Singular
• Gestión Discrecional Singular
• Belgravia (funds)

Products and services

• Singular Bank Private Banking Full-service independent private banking offering personalized advisory, discretionary portfolio management, financial planning, succession planning, estate planning, and wealth structuring for high-net-worth individuals through a network of 15+ offices across Spain.
• Self Bank Digital Platform 100% digital banking and investment platform for self-directed clients offering stocks, CFDs, more than 3,000 investment funds, current accounts, and cards without commissions.
• Singular Advisory (Asesoramiento Singular) Investment advisory service combining digital tools with personal banker support, providing investment ideas and recommendations for clients who retain final decision authority.
• Singular Discretionary Management (Gestión Discrecional Singular) Discretionary portfolio management service in which the bank's professional investment team makes investment decisions on the client's behalf, aligned with their financial goals and risk profile.
• Singular Asset Management SGIIC Asset management subsidiary managing proprietary and sub-advised investment funds including Belgravia equity funds, Singular Multi-Asset funds, and ALMA V alternative investment fund.
• Belgravia Epsilon FI Absolute return investment fund specialized in European equities, with a track record of 370% cumulative return since inception and outperformance versus the Stoxx 600 by 235 percentage points.
• Belgravia Capital Value Strategy FI Value-oriented equity fund recognized for consistent performance in Spanish and European equity markets, managed under the Singular Asset Management umbrella.
• SWM España Gestión Activa FI Actively managed Spanish equities fund, ranked among the top equity fund managers in Spain (CityWire recognition) under management by Luciano Díez Canedo.
• SMW Renta Fija Objetivo 2025 FI Fixed income fund with a 2025 maturity date, investing approximately 57% in corporate bonds and 42% in government bonds, designed as Singular Asset Management's first target-maturity fixed income product.
• Alma V FIL Alternative investment fund (FIL) targeting professional and institutional clients, investing in senior secured loans through the Yielco Investments partnership with a 3-4% return objective.
• Remunerated Savings Account (Cuenta Ahorro Remunerada) Interest-bearing savings account product with a publicly disclosed TAE of 0.07% (nominal annual rate 0.0699%), available to clients of Singular Bank.
• Term Deposits (Depósitos a Plazo) Term deposit products offering 0.05% TAE for a 3-year tenor and 0.25% TAE for a 5-year tenor, available through Singular Bank.
• Self Bank Time Deposits Time deposits available on the Self Bank platform with competitive rates of 3.05% (3 months), 3.20% (6 months), and 3.30% (12 months), for balances between €1,000 and €1,000,000.
• Credit Services (Mortgage and Consumer Lending) Credit facilities including credit cards and mortgage loans with EURIBOR-based rates, processed through Singular Bank's digital Expediente de Crédito platform for streamlined credit access.

Quantifiable outcome

• Assets under management grew to €17,000+ million with first profitable year in 2025
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability5 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Yielco InvestmentsminorStrategic or Co-development Partner · 19 October 2022Partnership with German asset manager Yielco Investments to launch Global Buyouts 2022 fund, Singular Bank's first venture into private equity and alternative investments.
• UBS Spain Private Banking UnitcoreOthers · 29 July 2022Singular Bank acquired UBS's private banking unit in Spain, gaining additional high-net-worth clients and consolidating its position as a leading independent private bank. The operation received regulatory approval and closed in July 2022.
• EFPA EspañaminorStrategic or Co-development Partner · 8 September 2021Collaboration agreement between EFPA España (European Financial Planning Association) and Singular Bank for continuous professional development and training of financial advisors.
• Quintet Private BankcoreStrategic or Co-development Partner · 21 December 2020Strategic agreement allowing Quintet Spain clients to transfer their relationship to Singular Bank. Quintet provides access to Luxembourg custody services and non-UCITS asset management for Singular Bank clients. Key Quintet Spain team members joined Singular Bank.
• Cybersecurity Cluster of MadridminorStrategic or Co-development Partner · 6 October 2020Non-profit association promoting Madrid as an international cybersecurity hub. Partners include SIA/Indra, Universidad Politécnica de Madrid, Accenture, GMV, Mapfre, Sanitas, iHackLabs, Panda Security, ISMS Forum Spain, and Universidad Nebrija, with support from Madrid government and INCIBE. Damián Ruiz, CISO of Singular Bank, chairs the cluster.
• Belgravia Capital (now Singular Asset Management)coreOthersBelgravia Capital SGIIC, founded in 2002, specializes in European equity and absolute return strategies. The acquisition added experienced investment team led by Carlos Cerezo and a portfolio of 2 Spanish funds, 3 Luxembourg sub-funds, and 1 advisory pension plan. The company now operates as Singular Asset Management SGIIC SAU.
• MG Valores (Mercados y Gestión de Valores)minorOthersAcquisition of MG Valores brought advisory clients, intermediation services, and portfolio management operations to Singular Bank.

Scale indicators10 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Andbank España: Andbank's Spanish subsidiary is a private bank targeting HNW and family-office clients with discretionary management and advisory, headquartered in Spain and operating with a similar multi-office relationship model. Most directly comparable in size, target segment, and service mix to Singular Bank.
• Banca March: Banca March is a Spanish family-controlled private bank offering discretionary portfolio management, advisory, and asset management to HNW and upper-mass-affluent clients nationwide. It operates a comparable independent-bank model with proprietary asset management (March Asset Management) and competes for the same relationship-led wealth segment.
• Banco Mediolanum España: Mediolanum España offers personalized savings, advisory, and discretionary management to retail and HNW clients via a network of financial advisors—structurally similar to Singular Bank's hybrid (Self Bank + Asesoramiento + Gestión Discrecional) model.

Broad incumbents

• CaixaBank Banca Privada: CaixaBank is the largest Spanish retail bank; its private banking division serves HNW and family-business clients with advisory and discretionary mandates. Overlapping capabilities with Singular Bank, but embedded within a much broader consumer-banking franchise rather than as an independent.
• Santander Private Banking: Santander Private Banking, the global private-banking unit where Singular Bank's CEO Javier Marín previously led the business, serves HNW and ultra-HNW clients across multiple geographies. It is the dominant Spanish competitor in segment and overlaps heavily on advisory and discretionary mandates.
• BBVA Banca Patrimonial: BBVA's wealth and asset management franchise offers HNW advisory and discretionary portfolio services in Spain as part of a universal bank. It competes for the same client profiles but is embedded in a broader retail-banking platform.
• Bankinter Private Banking: Bankinter's private banking division provides discretionary portfolio management and advisory to HNW clients in Spain as part of a leading domestic digital bank. It represents a hybrid competitor that combines traditional private banking with advanced digital capabilities, similar to Singular's positioning.

Regional players

• Mirabaud Banca Privada: Mirabaud, a Swiss private bank, has a Spanish presence serving HNW clients with discretionary management and advisory. Comparable in service offering but headquartered outside Spain, reducing direct domestic overlap while still contesting the same HNW segment.

Emerging players

• Bestinver: Bestinver is a Spanish asset manager (now part of the Andbank group) running active equity and multi-asset strategies; it overlaps with Singular Asset Management on retail-facing fund distribution through Spanish platforms and competes for the same Iberian discretionary clients.
• Openbank (Bankinter): Openbank is Bankinter's 100% digital bank offering brokerage, investment funds, and deposits to self-directed clients. It is the closest pure-neobank comparable to Singular Bank's Self Bank platform within Spain and competes on the digital self-service segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/singularbank.es

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Singular Bank