Banco Best
Banco Best is a privately held, Lisbon-headquartered Portuguese bank founded in 2001, offering personal savings and investment products with stated international investment reach to retail customers via its bancobest.pt digital channel.
- Company typePrivate
- Founded2001
- HeadquartersLisbon, Portugal
- Headcount251–500
- GTM typeB2C
- OfferingServices
Banco Best firmographics
Firmographics- Name
- Banco Best
- Legal name
- Banco Best
- Website
- https://bancobest.pt
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Banco Best is a privately held, Lisbon-headquartered Portuguese bank founded in 2001, offering personal savings and investment products with stated international investment reach to retail customers via its bancobest.pt digital channel.
- Ownership category
- akta.pro rank
Banco Best industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Commercial Banks, Nec (6029)
- akta.pro primary industry
- Affluent/Premier Retail Banking (Mass Affluent) (FSABAAAG)
- akta.pro secondary industries
- Bank-Affiliated Retail Wealth Management (FSAAAAAB), Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Retail-focused Neobanks (Mass Market) (FSABAFAA)
Keywords
Where Banco Best is headquartered
LocationHeadquarters
- HQ city
- Lisbon
- HQ country
- Portugal
- HQ region
- Europe
Markets served
Banco Best business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Banco Best product offering
Product offeringCore offering
Banco Best is a bank offering individual customers access to savings and investment opportunities worldwide. The bank provides personal banking and investment services through its online platform, enabling clients to manage savings, deposits, and investment products with a global orientation.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal savings accounts Savings deposit accounts offered to individual customers for personal savings management, with access through the bank's online platform.
- Personal investment products Investment opportunities worldwide accessible to individual retail customers through Banco Best, enabling international portfolio diversification.
Companies that use Banco Best
Customer profileIdeal customer profiles1 record
Banco Best technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Banco Best competitors and assessment
Company assessmentEmerging players
- Trade Republic: European digital brokerage offering low-cost access to global investments across multiple markets. Comparable as an emerging digital player targeting the same 'investments worldwide' value proposition that Banco Best advertises, especially for retail Portuguese investors.
- Interactive Brokers: Global low-cost brokerage providing access to worldwide investment products for retail and professional clients. Comparable in enabling the 'investments around the world' capability that Banco Best advertises, often with lower-cost self-directed execution.
- Revolut: Global digital bank with multi-currency accounts, savings, and investment features available in Portugal. Comparable as a cross-border digital competitor pressuring Banco Best's savings/investment positioning.
Direct peers
- Banco CTT: Portuguese retail bank created by CTT (national postal service) offering deposits, savings, and investment products to mass-market and mass-affluent clients. Comparable to Banco Best in serving retail savers and investors in Portugal through a digital-led channel.
- Activobank: Portuguese digital bank serving retail clients with savings, investment, and day-to-day banking products. Directly comparable to Banco Best given similar digital-first, retail-focused investment-and-savings proposition within the same Portuguese market.
Broad incumbents
- Caixa Geral de Depósitos: Portuguese state-owned universal bank providing retail deposits, investment funds, and wealth services. Comparable as a mass-market and mass-affluent banking competitor with overlapping savings and investment products.
- Novo Banco: One of Portugal's largest banks offering full-service retail, corporate, and wealth management. Comparable as a broad incumbent in the Portuguese deposit and investment banking space against which Banco Best competes for retail savers.
- Millennium BCP: Largest Portuguese private-sector bank with full retail, wealth, and investment offerings. A broad incumbent whose retail investment and savings products overlap directly with Banco Best's positioning.
- BPI: Major Portuguese universal bank with retail and private banking divisions offering investment products to affluent clients. Comparable as a broader incumbent competing for the same mass-affluent savings and investment segment.
Regional players
- BiG (Banco de Investimento Global): Portuguese investment bank focused on savings products, investment funds, and brokerage services for retail clients. Comparable as a regional, investment-led bank with overlapping retail savings and investment distribution in Portugal.
Market position
Customer concentration
Banco Best social profiles
Digital presenceBanco Best financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banco Best leadership team
Management profileNumber of profiles
Banco Best funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banco Best 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 Banco Best
What does Banco Best do?
Banco Best is a bank offering individual customers access to savings and investment opportunities worldwide. The bank provides personal banking and investment services through its online platform, enabling clients to manage savings, deposits, and investment products with a global orientation.
When was Banco Best founded?
Banco Best was founded in 2001. It employs 251 to 500 people.
Where is Banco Best based?
Banco Best is headquartered in Lisbon, Portugal, in the Europe region.
Who are Banco Best's main competitors?
Emerging players on record are Trade Republic, Interactive Brokers and Revolut. Direct peers are Banco CTT and Activobank. Broad incumbents are Caixa Geral de Depósitos, Novo Banco, Millennium BCP and BPI. BiG (Banco de Investimento Global) is listed as a regional player.
Does Banco Best have an API?
No public API is recorded for Banco Best.
What industry is Banco Best in?
Banco Best's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAG, Affluent/Premier Retail Banking (Mass Affluent), with a secondary code of FSAAAAAB, Bank-Affiliated Retail Wealth Management. Its NAICS code is 52211 and its SIC code is 6029.