Features, Benefits and How it Works
Openbank is a fully digital bank and the online banking subsidiary of Banco Santander, founded in 1995 and headquartered in Madrid, Spain.
Moreover, as a neobank, Openbank operates without physical branches, offering a comprehensive range of financial services exclusively through its digital platform. With over 1.5 million users, it has quickly gained traction in the competitive digital banking landscape.
Likewise, Openbank provides various banking products, including current accounts, savings accounts, loans, credit cards, and investment options, all accessible via its user-friendly mobile app and website. The bank focuses on delivering a seamless banking experience with features such as real-time banking, low fees, and competitive interest rates.
Overall, Openbank’s mission is to make banking more accessible and efficient, emphasizing transparency and customer-centricity. As it continues to expand its reach beyond Spain to countries like Germany, Portugal and the Netherlands, Openbank aims to provide innovative solutions that meet the evolving needs of its diverse customer base.
Go to Openbank
Founded: 1995
Headquarters: Madrid, Spain
Users: +1.5 million
Countries available: Spain, Portugal, Germany and Netherlands
Account plans: checking and savings accounts for personal users
