We are Changing the Intelligent Wallet: Higher Returns with Lower Risk
Some time ago, we promised to modify the Wallet portfolio to make it take full advantage of elevated money-market interest rates and to better match its risk to the recommended investment horizon. Read how a radical change in the bond market has invited the opportunity to achieve a higher yield at a lower risk.
Read morePromotion is over: Smart deposit even more profitable in October
You must have heard about our latest addition to the product family. The Smart Deposit, a killer of savings and term accounts, is our most conservative investment product. With a gross annual return of 3.8%*, it's built on ETFs and is designed to hold your savings for up to one year. However, it will be even more profitable in October.
Read moreSmart Deposit - The Killer of Savings and Term Accounts
Central banks have raised interest rates significantly. Deposit your money liquidly at market interest rates that banks will not offer you without extra conditions in their checking and savings accounts. Start appreciating even short-term savings. The Conservative Smart Deposit with a 3.0% yield is built on ETFs that aim to replicate the interest rate of central bank and bond ETFs with maturities of up to half a year.
Read moreWe're Keeping Our Word and Making It Cheaper: The Deposit Fee Is Over
Last October, we made a promise to you that we would abolish the deposit fee after reaching total deposits of €500 million. We are proud to announce that we have achieved this goal together. We are abolishing the payment processing fee for good.
Read moreInformation about a documentation change
Please be advised that we are updating our contractual documentation due to waiving the fee and launching of our new Smart Deposit product.
Read moreMy Year on the Finax Team
So a year ago I fulfilled my career goal and started working at Finax. I can still consider myself a rookie, on the other hand, I've been here long enough to be able to evaluate. That's why I decided to share my experiences and describe what brought me here. And if you're worried that it will be all positive, it will be. What else is there to write about a job that can be summed up in one word, dream job?
Read moreFee Abolition Is Imminent... and You Can Help Bring It Faster!
Making Intelligent Investing cheaper is our long-term goal. In the past, we've introduced several discounts and launched the lower-fee Elite program. Our next step is to abolish the deposit fee – forever and for everyone. Only one last condition keeps us from waiving it right now. Its fulfillment is in your hands, Intelligent Investors.
Read moreDiscount overview and higher invitation discount
We are launching a requested feature - the discount overview. On this occasion, we are increasing the discount for inviting a friend. In this blog, you will find out where to find the discount overview, how to invite a friend to Finax, and what discounts you can get at Finax.
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