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Savedo logo — Savedo offers a simple way for European savers to invest in...

Savedo

Savedo offers a simple way for European savers to invest in high-yield term deposits online, with client assistance and deposit insurance.

Founded 2014 Germany Berlin, Germany 11 employees Acquired Total: $1.80M Financial Services, Fintech +2

General Information

Company Name Savedo
Founded Year 2014
Location Germany Berlin, Germany
Employees 11
Industries Financial Services, Fintech, Marketplaces +1
Funding Stage Acquired
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About Savedo

Savedo, founded in 2014, is a pioneering entity in the Financial Services and Fintech sectors. Headquartered in Germany, it facilitates European savers to invest in high-yield term deposits through its online financial marketplace. The platform connects users with a curated selection of partner banks across Europe, offering a seamless experience backed by robust client support and standardized documentation.

With EU legislation safeguarding deposits up to 100,000 EUR per person and per bank, Savedo provides an attractive investment avenue for risk-conscious savers. Its collaboration with FinTech Group Bank AG ensures precision in transactions, emphasizing security and reliability.

A notable milestone in Savedo's growth trajectory was its acquisition investment from Deposit Solutions on 01 August 2017. This strategic move underscores Savedo's alignment with market demand for integrated and secure investment solutions within the EU financial ecosystem.

Taxonomy: high-yield term deposits, online financial marketplace, European savings solutions, deposit insurance, multi-country investments, partner banks, investment security, client support services, standardized documentation, FinTech collaboration, secure transactions, retail investment products, cross-border banking, online finance platform

Services & Products

Savings Products
Investment Portfolio Management
Pension Accounts
Fixed Deposit Services
Flexible Savings Options
Sustainable Financial Products
Tax Benefit Investment Accounts

Target Customers

Private Individuals Corporate Clients European Financial Institutions Families Planning for Children’s Future Clients Seeking Tax Efficiency in Investments

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Aug 2017
Early VC •••••• - 01 Jan 2017
Media For Equity •••••• 1 •••• •••• 01 Jun 2016
Early VC •••••• 1 •••• •••• 01 Nov 2015
Seed •••••• 4
Investor Investor Investor Investor
01 May 2015

View All 6 Funding Rounds

Savedo Alternatives & Competitors

View All Alternatives
Savedo vs
South Shore Bank
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FAQ About Savedo

Savedo offers a simple way for European savers to invest in high-yield term deposits online, with client assistance and deposit insurance.
Savedo was founded in 2014.
Savedo is headquartered in Berlin, Germany.
Savedo operates in the following industries: Financial Services, Fintech, Marketplaces, Banking.
Savedo has approximately 11 employees.
Savedo has completed 6 funding rounds, raising a total of $1.80M. The latest funding stage is Acquired.
Savedo offers: Savings Products, Investment Portfolio Management, Pension Accounts, Fixed Deposit Services, Flexible Savings Options, Sustainable Financial Products, Tax Benefit Investment Accounts.
Top alternatives and competitors to Savedo include South Shore Bank, CKV, OERO International, Ipoteka bank OTP Group, El Capitan Advisors, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Savedo and South Shore Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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