The early-stage VC Neosfer, which belongs to Commerzbank, the joint venture of Axel Springer and Porsche, APX, and Sino, took part in the seed round. The fintech is developing its own app with financial courses available at all times and an individual profile for users. With the application, even people who are less experienced in financial matters should have the opportunity to invest their money.
Since 2022, the app has been tested with over 100 users, and the response has been very positive. Users can join the first to get access to beatvest via their waiting list. The app will then launch exclusively for their waiting list, and said users will get the app for free. With beatvest, users can invest from EUR 1. At the moment, users can practice with us with fictitious money until the app launches. As soon as there is an opportunity for users to build their real portfolio with beatvest, users’ money will be protected with up to EUR 100,000. In addition, all purchases on the financial market are secured by a central institution.
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