Papisy offers accessible online retirement savings plans for individuals and small businesses. Their platform simplifies retirement planning with automated contributions and investment management tools.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals and small businesses lack access to retirement savings plans that are both accessible and aligned with their values. Traditional retirement plans often lack transparency, personalization, and a focus on environmental and social responsibility.
Solution
Papisy provides a personalized and responsible online retirement savings plan (PER) that simplifies retirement planning for individuals and small businesses. The platform offers a curated selection of eco-responsible investment collections, allowing users to align their savings with their values. Papisy's PER features include automated contributions, a digital subscription process, and the option for managed accounts, ensuring a user-friendly and hands-off experience. Users can also benefit from potential tax deductions on their contributions, further incentivizing retirement savings.
Target Audience
Papisy targets individuals and small business owners who are looking for accessible, transparent, and eco-responsible retirement savings plans.
Features
- Four distinct investment collections focused on environmental and social impact: Water, Planet, Human, and Energy.
- Investments in funds that adhere to recognized ESG labels such as ISR, Towards Sustainability, and FNG.
- Automated portfolio management that adjusts asset allocation based on the user's age and risk profile.
- Option to deduct contributions from taxable income, providing immediate tax benefits.
- Digital subscription process for easy and quick account setup.
- Option to transfer existing retirement accounts into a Papisy PER.
- Online simulator to project potential retirement savings and tax benefits.
- Customer support available to guide users through the subscription process and provide financial advice.