MyFin
MyFin is a digital wallet developed by First Investment Bank AD that provides users with a licensed, bank-grade financial platform. The app enables mobile-based account management, including instant IBAN generation and fee-free currency exchange.
Overview · Full Intel report in progress
The App DNA
What makes this app unique?
For Individuals seeking a mobile-first, regulated digital wallet for daily financial management and payments in Bulgaria.
What does it look like?
Key features
Users can generate a personal IBAN directly through the smartphone app within minutes.
The platform allows for currency conversion without incurring additional transaction fees.
Users can pay utility bills and purchase vehicle vignettes directly through the app at no extra cost.
The app supports fee-free cash deposits into the digital wallet via Fibank ATMs.
The app provides a dedicated interface for managing and checking balances on electronic food vouchers.
How much does it cost?
Velocity
Who built it?
First Investment Bank AD
3 apps tracked · Finance
My Fibank
Fibank IRUser Sentiment
What do users think recently?
How are ratings & reviews evolving?
Not enough recent reviews to extract reliable themes yet.
Read the full review analysisCompetition
Competitive landscape for MyFin
How's the Finance market?
The rivals identified
By NiCKEL
Both apps target individuals seeking accessible, mobile-first financial management, with Nickel capturing users via physical retail points while MyFin focuses on a free, digital-only model.
- Nickel provides physical account opening via 8,000 retail points, bypassing digital-only onboarding barriers.
- Nickel mandates a €25 annual base fee, whereas MyFin operates as a free digital wallet.
- Nickel offers tiered card options ranging from Classic to Metal, scaling service levels by annual cost.
Unlock the head-to-head verdict: where this rival wins, and where it loses.
Access the full report for freeThe Analyst's Read
Key takeaways for MyFin
Where is it heading?
Bottom line
MyFin functions as a comprehensive, regulated digital wallet that consolidates banking, payments, and voucher management into a single free mobile application.
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