Company Information

Get to know Savedo GmbH

Founded in 2014 in Berlin, Germany, Savedo GmbH operated as a fintech platform with the mission to break down national barriers in the European savings market. The company provided a simple, online marketplace for savers, primarily in Germany, Austria, and the Netherlands, to access higher-interest fixed-term deposit accounts from banks in other EU countries. In August 2017, Savedo was acquired by its competitor, Deposit Solutions. Subsequently, Deposit Solutions merged with Raisin to form Raisin GmbH, and the Savedo platform and its customer base were integrated into the Raisin (and its German brand, WeltSparen) ecosystem.

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Savedo GmbH

Germany

Founded in

2014 (12 Years)

Founded

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2017

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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.