Savr
Provides a digital investment platform offering commission-free trading of stocks from 1 SEK and up to 50% lower fees on funds compared to traditional banks. Simplifies cross-border trading with uniform low fees across 17 markets and a 0.19% currency conversion rate, while delivering real-time market insights and automated transaction pricing to optimize investor returns.
- Artificial Intelligence
- Data & Analytics
- Applications
- Financial Technology
- Software Only
Funding
Raised to date
$25.8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional investment platforms often charge high fees and commissions, reducing potential returns for investors. Cross-border trading can be particularly expensive due to currency conversion fees and varying commission structures across different markets. Investors may also lack access to real-time market data and tools to optimize their investment strategies.
Solution
SAVR provides a digital investment platform that offers commission-free trading of stocks and funds with significantly lower fees compared to traditional banks. The platform simplifies cross-border trading by applying uniform, low fees across multiple markets and a competitive currency conversion rate. SAVR delivers real-time market insights and automated transaction pricing, empowering investors to make informed decisions and optimize their returns. The platform aims to provide a user-friendly experience with access to a wide range of investment options at a lower cost.
Target Audience
The primary target audience includes retail investors, both novice and experienced, who are looking for a low-cost, transparent, and user-friendly platform to manage their investments in stocks and funds.
Features
- Commission-free trading of stocks from 1 SEK.
- Up to 50% lower fees on funds compared to traditional banks and online brokers.
- Access to a wide selection of funds from various providers.
- Automated courtage system ensuring users are always in the correct fee class.
- Low currency exchange fee of 0.19% for international transactions.
- Real-time market data and insights.
- AI-driven market surveillance providing personalized news and events.
- Mobile app for on-the-go access and management of investments.
- Access to key company data and financial ratios.