ActivoBank
“Can a legacy BCP-owned digital bank stay relevant in Portugal by embedding best-of-breed fintech rails (Wise, PSD2) into a simple mobile experience?”
Founded1994
HQLisbon, Portugal
Total raisedEUR 90M
IndustryBank / National
The story
ActivoBank is a Portuguese digital retail bank founded in 1994 and owned by Banco Comercial Português (BCP). It positions itself around simplicity and transparency, offering accounts, cards, loans, and investment products via mobile and web. Its main embedded-finance move has been partnering with Wise (as the first Portuguese bank to do so) to offer real-exchange-rate international transfers directly in the ActivoBank App.
Last 12 months
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Product timeline
1994
Founded as a digital-first retail bank in Portugal, later becoming a subsidiary of Banco Comercial Português (BCP).· banking
2020
Became the first bank in Portugal to partner with Wise for embedded international transfers at real exchange rates.· banking
Regulated entities
1
regulatory licence held by ActivoBank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in ActivoBank’s embedded-finance stack
Payments / PSP
ActivoBank (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
FX & payouts
in the full report
Investing
in the full report
Accounting gap: none
8 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.