Company Information

Get to know Savedo

Founded in 2014 in Berlin, Germany, Savedo was a fintech company with the mission to break down national barriers in the European savings and investment market. The platform allowed savers, primarily from Germany, Austria, and the Netherlands, to easily open and manage fixed-term deposit accounts at banks in other EU countries, offering more competitive interest rates than were typically available domestically. In 2017, Savedo was acquired by its direct competitor, WeltSparen (a subsidiary of Raisin), and its services and customer base were subsequently integrated into the WeltSparen platform.

Industry

Financial InvestmentPRIMARY
Financial Banking
Financial Other Service

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Savedo

Germany

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.