You are here
savedroid AG is a FinTech company and has launched Germany's first intelligent saving app. Its savedroid’s goal to help young people putting money aside in the course of their habits and everyday activities, which can then be used as they wish. Personalized savings rules – also known as “smooves”, a contraction of “smart saving move” – allow users to turn everyday habits such as practicing sport, checking their smartphone, using social media apps or shopping, into pure savings, e.g., you go for a run with Nike+, savedroid saves 5 Euro for you, you hit your smartphone’s snooze button, savedroid saves 0.50 Euro for you, you buy at Amazon, savedroid saves 5% of your credit card spending for you, and many more. Rules are based on if/then logic, modelled on the American “If This, Then That” principle. They can be freely configured in the app and run automatically. For this purpose, users connect the savedroid app to their existing current account, define personalized rules which correspond to their lifestyle, and are given a free savings account at savedroid’s partner Wirecard Bank AG where their savings are safely put aside.
savedroid AG was founded in September 2015 by Dr Yassin Hankir, Marco Trautmann and Tobias Zander. The company has been part of the Deutsche Börse Group’s FinTech Hub since May 2016 and has offices in Frankfurt and Mainz, Germany. The savedroid app can be downloaded for free from the Google Play Store: https://play.google.com/store/apps/details?id=de.savedroid. For more information, please visit: https://www.savedroid.com.