Provides a financial services marketplace that aggregates and compares fixed deposit and savings account offerings from banks across the EU. It simplifies the process of finding, selecting, and opening high-interest deposits online, ensuring users can maximize their savings with up-to-date rate information and secure, EU-protected accounts.
Funding
Funding not disclosed
Founders
Product
Problem
Finding and comparing fixed deposit and savings account offerings across multiple banks in the EU is a time-consuming and complex process. Investors lack a centralized platform to easily access up-to-date interest rates and securely open accounts across different European banks. This makes it difficult for individuals to maximize their savings potential and take advantage of the best available rates.
Solution
PickTheBank provides a financial marketplace that aggregates and compares fixed deposit and savings account offerings from over 1000 banks across 25 European countries. The platform allows users to find, compare, and select the most suitable deposit options based on interest rates and terms. PickTheBank also offers a Savings Platform that enables users to open and manage deposits with selected partner banks through a single KYC profile and interface. All deposits are held by licensed EU banks and protected by the Deposit Guarantee Schemes, ensuring the safety of user funds.
Target Audience
The primary target audience includes individual investors and savers in the EU seeking to maximize returns on fixed deposits and savings accounts by comparing offers from different banks.
Features
- Comparison tool for fixed deposits and savings accounts across 1000+ banks in 25 EU countries
- Aggregation of interest rates from various banks, updated in real-time
- Savings Platform for opening and managing deposits with partner banks
- Single KYC profile for accessing multiple banks
- Access to top-notch interest rates from selected partner banks
- Information on Deposit Guarantee Schemes and EU legislation protecting deposits
- Search filters for deposit terms (6 months, 12 months, 24 months, 36 months) and countries
- Database of European banks with detailed information