EVO Banco
EVO Banco is a privately-held retail bank headquartered in Madrid, Spain, founded in 2012 with 501–1000 employees, managing loans, credit and savings accounts for Spanish retail customers across the Bankinter group platform.
- Company typePrivate
- Founded2012
- HeadquartersMadrid, Spain
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What EVO Banco does
EVO Banco is a privately-held Spanish retail bank headquartered in Madrid and founded in 2012. According to the supplied firmographic record, EVO Banco manages loans, credit, and savings accounts and operates with 501–1000 employees, serving Spanish retail customers across multiple life stages. Its executive leadership includes a Chief Executive Officer (Enrique Tellado) and a Director-level role for Big Data and Digital Innovation (Javier González Dominguez), indicating organizational emphasis on digital channels and data capabilities.
The detailed product, pricing and channel data in the supplied source material references Bankinter S.A. — a Spanish public limited company also operating in Madrid under CNMV supervision and a member of the Spanish Deposit Guarantee Fund — rather than EVO Banco as a standalone entity. This suggests EVO Banco's retail banking operations are tightly coupled with, or operate under, the Bankinter group product and technology platform, which spans interest-bearing digital and salary accounts (up to 2.5% AER and 5% AER respectively, with promotional terms extending into 2026–2027), variable-rate mortgages (2.30% NIR first three years), zero-commission domestic brokerage (Broker Zero), investment funds and pension plans (including a Roboadvisor service and an alternative-investment vehicle with €10,000 minimum), and insurance distribution (life, home via Generali, health via Mapfre) via Bankinter Seguros de Vida and the Operador de Banca-Seguros channel. Distribution is multi-channel: fully online account opening and mortgage calculation, a Spanish branch and ATM network, integrated insurance and investment subsidiaries, and active social/blog presence across Facebook, LinkedIn, YouTube, Twitter, Instagram, TikTok, WhatsApp and Telegram. Revenue mechanics combine net interest income on deposits and mortgages, fee/commission waivers as a customer acquisition tool, fund management fees via Bankinter Investment SGIIC, and bancassurance commissions.
EVO Banco firmographics
Firmographics- Name
- EVO Banco
- Legal name
- Bankinter S.A.
- Website
- https://evobanco.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- EVO Banco is a privately-held retail bank headquartered in Madrid, Spain, founded in 2012 with 501–1000 employees, managing loans, credit and savings accounts for Spanish retail customers across the Bankinter group platform.
- Ownership category
- akta.pro rank
EVO Banco industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Retail-focused Neobanks (Mass Market) (FSABAFAA)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
Keywords
Where EVO Banco is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Markets served
EVO Banco business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Digital Account with 2.5% AER interest |
| Subscription | Annual | Salary Account with 5% AER first year |
| Transaction based/ take rate | Monthly | Variable-Rate Mortgage pricing |
| Transaction based/ take rate | Pay-as-you-go | Broker Zero - commission-free trading |
| Subscription | Monthly | Pension Account |
Distribution channels4 records
Marketing channels5 records
EVO Banco product offering
Product offeringCore offering
EVO Banco is a Spanish retail bank founded in 2012, headquartered in Madrid, that provides consumer banking products including loans, credit facilities, and savings accounts to individual customers. Operating as a private for-profit institution with 501-1000 employees, it serves the domestic Spanish retail banking market through standard banking channels.
Product overview
No product data available. The provided source content pertains to Bankinter (bankinter.com), not EVO Banco. As such, no products, services, or technology intelligence specific to EVO Banco can be extracted from the provided sources.
Differentiator
Problem solved
Functional benefit
Brands
- Bankinter Family: Family banking solution for the whole family - covering individual, children, and elderly relatives
- Broker Zero (Broker Cero)
- Bankinter Roboadvisor
- Digital Account
- Salary Account
- Pension Account
- Variable-Rate Mortgage
- Modo Ahorro
Products and services
- Loans Consumer loan products managed by EVO Banco for individual Spanish retail banking customers.
- Credit Products Credit facilities offered to individual customers as part of EVO Banco's retail banking services.
- Savings Accounts Deposit savings accounts managed by EVO Banco for individual retail banking customers in Spain.
Quantifiable outcome
- 2.5% AER on Digital Account up to €100,000
- +3 more outcomes
Companies that use EVO Banco
Customer profileSegments3 records
Ideal customer profiles1 record
EVO Banco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EVO Banco partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
EVO Banco competitors and assessment
Company assessmentOthers
- OpenAI / Italian tech-bank analogue not applicable skip: N/A — placeholder omitted.
Direct peers
- Openbank: Openbank is the digital-only bank of Banco Santander and is the closest Spanish peer to EVO Banco: a 100% online retail bank offering accounts, cards, mortgages, broker, and robo-advisor services to Spanish retail customers with no branch network. It competes for the same digitally-native Spanish retail deposit and lending customers.
- MyInvestor: MyInvestor is a Spanish digital bank/investment platform backed by Andbank, El Corte Inglés Seguros, AXA, and others. It offers index funds, robo-advisor, broker, accounts, and consumer credit, and is one of the fastest-growing Spanish digital competitors targeting the same retail savings-and-investment segment as EVO.
- Imagin (CaixaBank): Imagin is CaixaBank's digital-first platform for younger retail customers and self-employed professionals in Spain, offering accounts, cards, payments, and integrated lifestyle services. It is a direct competitor for the digitally-native and young-professional persona EVO Banco targets.
- Bnext: Bnext was a Spanish consumer fintech offering a mobile-banking app with integrated services and cashback/rewards. It pioneered the Spanish neobank category alongside EVO Banco and continues to target the same digitally-native retail deposit/payment customer with bundled third-party services.
Broad incumbents
- BBVA (Spain digital channels): BBVA is one of Spain's largest incumbents and operates a comprehensive retail banking, mortgage, and investment platform with strong digital capabilities (BBVA app, online account opening). It is a broad incumbent whose digital offering competes with EVO across deposits, mortgages, and investments.
- CaixaBank: CaixaBank is Spain's largest retail bank by customer base and offers a full suite of accounts, mortgages, funds, and insurance through both branches and digital channels (including imagin). It is a broad incumbent competing for the same Spanish retail deposit, lending, and wealth customers.
- ING España: ING Spain is the local entity of ING Group and a long-standing digitally-led incumbent in the Spanish retail banking market with accounts, mortgages, and investment funds. It competes with EVO on digital convenience and competitive deposit yields.
- Revolut: Revolut is a global digital finance app with a licensed Spanish e-money/banking presence, offering multi-currency accounts, payments, trading, and savings. It overlaps with EVO on digitally-native retail multi-currency and trading/crypto-adjacent propositions in Spain.
- N26: N26 is a European digital bank headquartered in Germany with an EU passporting footprint covering Spain. It is comparable to EVO as a European digital-first retail bank offering accounts, cards, and increasingly credit/savings products targeting similar mobile-first customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
EVO Banco social profiles
Digital presenceEVO Banco financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVO Banco leadership team
Management profileNumber of profiles
EVO Banco subsidiaries and ownership
Company hierarchySubsidiaries4 records
EVO Banco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVO Banco 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 EVO Banco
What does EVO Banco do?
EVO Banco is a Spanish retail bank founded in 2012, headquartered in Madrid, that provides consumer banking products including loans, credit facilities, and savings accounts to individual customers. Operating as a private for-profit institution with 501-1000 employees, it serves the domestic Spanish retail banking market through standard banking channels.
Is EVO Banco a public or private company?
EVO Banco is a private company. It is classified as unknown and is currently operating.
When was EVO Banco founded?
EVO Banco was founded in 2012. It employs 501 to 1,000 people.
Where is EVO Banco based?
EVO Banco is headquartered in Madrid, Spain, in the Europe region.
Who are EVO Banco's main competitors?
OpenAI / Italian tech-bank analogue not applicable skip is listed as an others. Direct peers are Openbank, MyInvestor, Imagin (CaixaBank) and Bnext. Broad incumbents are BBVA (Spain digital channels), CaixaBank, ING España, Revolut and N26.
Does EVO Banco have an API?
No public API is recorded for EVO Banco.
What industry is EVO Banco in?
EVO Banco's product category is Retail Banking. Its primary akta.pro industry code is FSABAFAA, Retail-focused Neobanks (Mass Market), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6021.