About the transaction:
BlueBull, a financial advisory firm specializing in M&A transactions for technology companies and high-growth enterprises, has acted as exclusive advisor to MyInvestor in its €45 million investment round. MyInvestor, Spain’s top one neobank backed by Grupo Andbank, AXA, El Corte Inglés, and some Spanish family offices, has raised €45 million in capital (Series C) in the last twelve months. This funding round has bolstered MyInvestor’s financial metrics, enabling the bank to expand its balance sheet, positioning the bank at the forefront of solvency ratios within the Spanish banking sector.
In December 2023, MyInvestor successfully closed a n investment round that increased its CET1 capital to over €60 million, and its TIER1 capital ratio surpassed 40%. This achievement was supported in part by the issuance of €25 million in AT1, where BlueBull acted as the exclusive advisor. Previously, in March 2023, MyInvestor issued convertible notes subscribed by successful entrepreneurs such as Xavier Pladellorens (founder of Deporvillage), David Ruiz de Andrés (founder of Grenergy), Gerard Olivé (co-founder of Wallapop), Carlos Rivera (co-founder of Clicars), Julio Ribes (founder of Swipcar), and Juan Desmonts (founder of Dosfarma).
BlueBull has exclusively advised MyInvestor’s shareholders, playing a crucial role in attracting some of Spain and Italy’s most successful entrepreneurs.
MyInvestor is a neobank backed by Grupo Andbank, El Corte Inglés Seguros, AXA Spain, and several family offices.
It is regulated by the Bank of Spain and the CNMV (Spanish Securities Market Commission) and is a member of the Spanish Deposit Guarantee Fund.
With a business volume exceeding €4 bn, it stands as Spain’s largest fintech and offers a full range of banking services: accounts, deposits, cards, investment products – automated management portfolios (robo-advisor), funds, stocks, ETFs, plans, crowdfunding – mortgages, and consumer loans.
In 2023, MyInvestor nearly doubled its customer base, exceeding 220,000 clients, and has remarkably increased its business volume from 2,263 million to 4,373 million euros. Among these figures, 2,120 million euros are in investment products, 1,840 million euros are in accounts and deposits, and 413 million euros related to credit investments.
MyInvestor recorded its first-ever profit in 2023, with a non-performing loan ratio of less than 0.1% and a TIER1 capital ratio exceeding 40%.
+220k
Clients 2023A
+4.000M€
AuM
40%
TIER 1
"BlueBull's experience and network have been crucial in attracting successful entrepreneurs in Spain and Italy, enabling us to strengthen our capital"
Carlos Aso
Andbank Group CEO
BlueBull is a leading investment bank with presence in Southern Europe, specialized in advising technology and high-growth companies with disruptive and innovative business models
+44
Tech transactions advised since 2021
+30
Tech-focused Investment Banking Professionals
With over 40 transactions closed since 2021 in the technology sector, BlueBull is the leading tech investment bank in Southern Europe. A team of +30 digitally focused professionals contributes to the growth of the digital economy advising entrepreneurs, corporates, and institutional investors on M&A and fundraising transactions.
