MyBanker is a Danish FinTech company established to provide a link between individuals, society, and the financial sector. The company focuses on demystifying financial terms and processes, making them more understandable for the general public. By converting complex banking terms into clear language, MyBanker aims to improve financial literacy among Danish consumers, enabling them to make better-informed decisions about their finances.

A key feature of MyBanker is its service that allows consumers to apply for multiple bank offers with a single application, at no cost. This service is designed to simplify the process of comparing banking options and switching banks. MyBanker generates revenue by receiving a fee from banks but maintains a policy of equal payment from all banks to ensure impartiality in their recommendations.

In 2022, MyBanker was acquired by the Norwegian media conglomerate Schibsted, which also owns Lendo, DBA, and Bilbasen. Following the acquisition, MyBanker began collaborating with Lendo to provide enhanced loan and banking solutions aimed at meeting consumers’ various financial needs. This partnership aims to facilitate better decisions regarding housing financing, loans, and bank changes by providing comprehensive financial solutions.

MyBanker’s services include offering comparisons for new home financing, mortgage reviews, personal loans, and car loans. The company also positions itself as an advocate for transparency and consumer rights within the financial sector. By leveraging its industry experience, MyBanker contributes to public discussions on financial issues and strives to improve the transparency of personal finance management.

Loan options provided by MyBanker range from DKK 50,000 to DKK 15,000,000, with repayment terms from 60 to 360 months. The interest rates offered vary between 3.24% and 7.23%, depending on the loan type and individual circumstances. MyBanker presents examples of loan terms, such as a total credit amount, duration, interest rates, and monthly installments, to provide potential customers with a clear understanding of the financial commitments involved.

By providing these services, MyBanker aims to act as an intermediary between the banking sector and consumers, offering a platform for easily comparing and choosing banking products that best suit individual financial situations.