UnitPlus offers a savings and investment platform that provides personalized savings plans and real-time tracking of account movements, enabling users to optimize their spending and investment behaviors. The platform features CashPlus, which offers a 3.23% interest rate linked to the ECB's key interest rate, and allows users to invest in award-winning portfolios for long-term wealth accumulation.
Funding
$4M raised to dateRaised 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 savings accounts and overnight deposit accounts offer low interest rates, failing to adequately grow savings and often being outpaced by inflation. Many individuals lack the time or expertise to actively manage investments for better returns.
Solution
UnitPlus provides a mobile investment platform that combines a high-interest cash account with the ability to invest in ETF portfolios, all accessible through a single app and debit card. The CashPlus account offers a competitive interest rate linked to the ECB key interest rate, providing a higher yield compared to traditional savings options. Users can also invest in actively managed ETF portfolios curated by financial experts, allowing for long-term wealth accumulation and diversification. The platform analyzes user spending habits to suggest personalized savings plans and facilitates seamless payments directly from investment portfolios via a linked Mastercard.
Target Audience
UnitPlus targets individuals seeking higher returns on their savings than traditional bank accounts offer, as well as those looking for an easy and accessible way to invest in ETF portfolios without requiring extensive financial knowledge.
Features
- CashPlus account offering a 3.23% interest rate linked to the ECB's key interest rate
- Mastercard debit card for worldwide payments directly from the CashPlus account or ETF portfolios
- Access to actively managed AktienPlus ETF portfolios with historical returns above market averages
- Mountain-Series portfolios offering long-term growth and global diversification in stocks and bonds
- FestPlus investment option with a fixed return until September 2027 and flexible access to funds
- Automated savings plan suggestions based on analysis of income and expenses via open banking APIs
- Fractional shares of ETF portfolios enabling seamless integration of payments and investments
- Collaboration with Aion Bank, a fully licensed European bank supervised by BaFin in Germany