Openbank

Madrid, Spain Financial Services Acquired

Openbank is Europe's largest fully digital bank by deposit volume, a wholly-owned subsidiary of Banco Santander since 1995. Founded as a telephone banking service and relaunched as a cloud-based digital platform in 2017, the bank operates across Spain, Germany, Portugal, the Netherlands, the United States, and Mexico, serving millions of customers with comprehensive retail banking services including savings accounts, loans, mortgages, and investment products through its mobile app and online platform.

Acquired

Openbank has been acquired

Acquired by Banco Santander 1995

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

1995

Employees

1,400+

Leadership

  • Petri Nikkilä

    CEO

  • Ana María Llopis

    Founder

  • Alejandro Guillé Laris

    Chief Financial Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Revolut

    Europe's largest neobank offering multi-currency accounts, digital cards, transfers, and investment services across Europe

  • N26

    European digital bank with banking license, offering deposit protection up to €100,000 through German Deposit Guarantee Scheme

  • ING

    Traditional Spanish bank with digital offerings competing in the Spanish market

  • BBVA

    Major Spanish financial institution with digital banking services

  • Bankinter

    Spanish digital-first bank competing in the Spanish market

  • Banco Sabadell

    Spanish bank with digital banking capabilities in the Spanish market

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Data collected with AI, which can make mistakes. Please double-check this information.