Fio bank
Fio banka is a Czech-licensed retail and SMB bank offering fee-free accounts, mortgages, and installment loans, integrated with a proprietary securities trading platform (e-Broker, Smartbroker) and serving retail customers, SMEs, and retail investors across the Czech Republic and Slovakia.
- Company typePrivate
- Founded1993
- HeadquartersPrague, Czechia
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Fio bank does
Fio banka, a.s. is a Czech retail and small-business bank founded in 1993 and headquartered in Prague, operating as the banking and securities brokerage entity within the Fio Financial Group (Finanční skupina Fio). The bank holds a license from the Czech National Bank, is a member of SEPA, Target2, and SWIFT (BIC: FIOBCZPPXXX), and serves retail consumers, small and medium-sized businesses, and retail investors in the Czech Republic and Slovakia through a combined digital and physical channel footprint of over 100 branches.
The product portfolio is anchored by three proprietary platforms: Smartbanking (mobile iOS/Android application with push-notification transaction authorization), Internetbanking (web-based account management), and e-Broker / Fio Smartbroker (online securities trading on Czech, German, US, Polish, and Hungarian exchanges, plus the RM-SYSTÉM exchange). Core banking products comprise a free personal account, a free business account, payment cards (Visa and Mastercard Classic/Gold/Platinum/Business with digital and contactless variants), savings products (Fio konto and CZK/EUR/USD term deposits), and lending products (mortgages including a two-year fixed-rate option, overdraft facilities, and installment loans with a repayment forgiveness program). Investment distribution covers Fio mutual funds and Fio bonds, supported by the group's related entities Fio fondy, RM-SYSTÉM, and AKCIE.CZ.
Fio banka monetizes primarily through net interest income on its deposit, mortgage, and consumer loan book, transaction fees on securities trading (e-Broker and Smartbroker), and distribution fees on mutual funds and bonds. Personal and business current accounts are marketed as fee-free, while trading commissions and lending products drive the bulk of non-deposit revenue. The bank distributes services through owned-and-operated channels—a branch network with ATMs and deposit machines, the mobile and web platforms, a developer-facing Internetbanking API with public documentation, and free investment education seminars (Škola investování)—and has accelerated product rollouts in late 2025 and 2026 covering Smartbroker, SEPA recipient name verification, instant payment limits raised to 500,000 CZK, instant-issue digital cards, mortgage two-year fixation, and an installment-loan forgiveness program.
Fio bank firmographics
Firmographics- Name
- Fio bank
- Legal name
- Fio banka, a.s.
- Website
- https://fio.cz
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Fio banka is a Czech-licensed retail and SMB bank offering fee-free accounts, mortgages, and installment loans, integrated with a proprietary securities trading platform (e-Broker, Smartbroker) and serving retail customers, SMEs, and retail investors across the Czech Republic and Slovakia.
- Ownership category
- akta.pro rank
Where Fio bank is headquartered
LocationHeadquarters
- HQ city
- Prague
- HQ country
- Czechia
- HQ region
- Europe
Offices16 records
Markets served
Fio bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Banking Services: Traditional banking services including account management, payments, cards, and lending products
- Securities Trading: Brokerage services for trading stocks, ETFs, derivatives, and other securities on Czech and international exchanges
- Investment Products: Mutual funds, bonds, and other investment instruments distribution
- Lending Products: Mortgages, consumer loans, and credit facilities
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Account - Free |
| Subscription | Monthly | Business Account - Free |
| Transaction based/ take rate | Pay-as-you-go | Securities Trading |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Fio bank product offering
Product offeringCore offering
Fio banka provides fee-free current accounts (personal and business), mortgage and consumer lending, savings products, and brokerage services for trading stocks, ETFs, derivatives, and other securities on Czech and international exchanges. The bank distributes mutual funds and bonds under its own brand and operates proprietary digital channels (Smartbanking mobile app, Internetbanking web platform, e-Broker trading platform) for account management and investment execution.
Product overview
Fio banka is a Czech digital bank offering fee-free banking services and investment products. The product portfolio centers around three main digital platforms: Smartbanking (mobile app), Internetbanking (web platform), and e-Broker/Smartbroker (investment trading applications). Core banking products include personal and business current accounts with no fees, mortgage loans with two-year fixed rate options, overdraft facilities, and installment loans with repayment forgiveness programs. Savings products include the Fio konto savings account and term deposits in CZK, EUR, and USD. Investment offerings encompass mutual funds, bonds, and comprehensive stock trading on Czech (PX, RM-SYSTÉM), German, US, Polish, and Hungarian exchanges. The bank provides payment cards (Visa, Mastercard) with digital card capabilities and supports instant payments up to 500,000 CZK.
Differentiator
Problem solved
Functional benefit
Brands
- Fio Smartbroker: Investment application for trading on domestic and international exchanges
- Fio podílové fondy
- Fio dluhopisy
- e-Broker
- Smartbanking
- Internetbanking
Products and services
- Osobní účet (Personal Account) Free personal current account with no monthly maintenance fees, providing standard banking services for individual customers including debit card, online banking, and mobile app access.
- Podnikatelský účet (Business Account) Free business current account with no maintenance fees for entrepreneurs, freelancers, and companies, supporting payment processing and business banking operations.
- Fio hypotéka (Fio Mortgage) Fee-free mortgage loans for individual customers, with options including two-year fixed interest rate fixation.
- Kontokorent (Overdraft Facility) Overdraft credit facility linked to the customer's account for short-term financing needs.
- Splátkový úvěr (Installment Loan) Consumer installment loans for individuals, accompanied by a repayment forgiveness program that rewards reliable payers.
- Fio konto (Savings Account) Interest-bearing savings account for accumulating funds.
- Termínovaný vklad (Term Deposit) Term deposit with automatic renewal offered in CZK, EUR, and USD for fixed-term savings.
- Platební karty (Payment Cards) Visa and Mastercard payment cards (Classic, Gold, Platinum, Business variants) with contactless and mobile wallet capabilities, including an instant digital card option.
- Fio podílové fondy (Fio Mutual Funds) Mutual funds issued under the Fio brand offering diversified investment portfolios.
- Fio dluhopisy (Fio Bonds) Bonds issued by Fio for fixed-income investment opportunities.
- Fio Internetbanking API (API Bankovnictví) Developer-facing API that enables programmatic integration with Fio bank's internet banking platform for banking services.
Companies that use Fio bank
Customer profileSegments3 records
Ideal customer profiles3 records
Fio bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Fio bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RM-S FINANCE, s.r.o.coreParent company that operates Fio websites (fio.cz, fio.sk, fio.pl, fio.hu, e-broker.cz, etc.) and is a member of Fio Financial Group. Fio banka, a.s. is a securities broker with license from Czech National Bank.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
Fio bank competitors and assessment
Company assessmentDirect peers
- Air Bank: Czech digital bank (part of PPF Group) that pioneered the fee-free retail banking model in Czech Republic, directly competing with Fio banka for fee-sensitive retail and SME customers with similar mobile-first positioning. Closest one-to-one analog on product, target market, and pricing philosophy.
- Moneta Money Bank: Publicly listed Czech retail and SME bank with comparable mid-tier scale, similar deposit and lending product suites, and an overlapping Czech customer base. Closest publicly traded comparable for Fio banka's banking franchise.
Broad incumbents
- Komerční banka: Largest Czech commercial bank (Société Générale subsidiary) serving retail, SME, and corporate customers with full-service banking, brokerage, and investment products across Czech Republic. Represents the incumbent scale leader Fio is disrupting in retail.
- Česká spořitelna: Major Czech bank (Erste Group subsidiary) and one of the largest retail banks in Czech Republic, offering broad banking, mortgage, and investment services that compete head-on with Fio banka across retail deposits, mortgages, and mutual funds.
- ČSOB: Major Czech bank (KBC Group subsidiary) offering full-service retail, SME, and corporate banking with significant mortgage, investment, and asset management franchises across Czech Republic. Overlaps with Fio in retail deposits, lending, and investment distribution.
- UniCredit Bank Czech Republic: Czech subsidiary of UniCredit Group providing retail, corporate, and investment banking with comparable deposit, lending, and brokerage product breadth, including international transaction banking relevant to Fio's cross-border ambitions.
- Raiffeisenbank Czech Republic: Czech subsidiary of Raiffeisen Bank International offering retail, SME, and corporate banking with similar mid-tier positioning and product breadth to Fio banka, including competitive mortgages and investment services.
Regional players
- Slovenská sporiteľňa: Largest Slovak bank (Erste Group subsidiary), competing with Fio banka in Slovakia across retail and SME segments with full-service banking, mortgages, and investment products in the same secondary market where Fio is expanding.
- Tatra banka: Major Slovak bank (Raiffeisen subsidiary) with premium retail and private banking positioning, competing directly with Fio banka in the Slovak market across deposits, lending, and investment distribution.
- mBank: Polish-headquartered digital bank (mBank Group, part of Commerzbank) with active Czech and Slovak retail operations, competing with Fio banka through mobile-first digital banking, retail lending, and brokerage services in the same geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Customer concentration
Fio bank social profiles
Digital presenceFio bank compliance and trust
Trust signalCompliance4 records
Fio bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fio bank leadership team
Management profileNumber of profiles
Fio bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
Fio bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fio bank 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 Fio bank
What does Fio bank do?
Fio banka provides fee-free current accounts (personal and business), mortgage and consumer lending, savings products, and brokerage services for trading stocks, ETFs, derivatives, and other securities on Czech and international exchanges. The bank distributes mutual funds and bonds under its own brand and operates proprietary digital channels (Smartbanking mobile app, Internetbanking web platform, e-Broker trading platform) for account management and investment execution.
Is Fio bank a public or private company?
Fio bank is a private company. It is classified as corporate owned and is currently operating.
When was Fio bank founded?
Fio bank was founded in 1993. It employs 251 to 500 people.
Where is Fio bank based?
Fio bank is headquartered in Prague, Czechia, in the Europe region.
How does Fio bank make money?
Four revenue lines are on record. Banking Services are the primary driver. The others are securities Trading, investment Products and lending Products.
Who are Fio bank's main competitors?
Direct peers on record are Air Bank and Moneta Money Bank. Broad incumbents are Komerční banka, Česká spořitelna, ČSOB, UniCredit Bank Czech Republic and Raiffeisenbank Czech Republic. Regional players are Slovenská sporiteľňa, Tatra banka and mBank.
Does Fio bank have an API?
Yes. Fio banka offers an API for banking services. The Fio Internetbanking API enables developers to integrate with Fio bank's internet banking platform. Documentation is available as Fio Internetbanking API (API_Bankovnictvi.pdf). Developer documentation is at www.fio.cz/docs/cz/API_Bankovnictvi.pdf.