UnitPlus

UnitPlus

Builds a bridge between the payment and the investment worlds and aims to make the way people sustainably invest in the capital market frictionless.

HQ location
Berlin, Germany
Launch date
Employees
Enterprise value
$21—31m
Company register number
HRB 225472 B (Charlottenburg (Berlin))
More about UnitPlus
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UnitPlus is a financial technology startup that is revolutionizing the way people save and invest their money. The company operates in the European market, offering a unique product called CashPlus, which is a bank card that allows users to earn an impressive 3.98% interest per annum on their savings. This is a significant improvement over the average interest rates offered by traditional banks.

UnitPlus targets individuals who are looking for a profitable alternative to fixed deposits. The company's business model is designed to help users grow their wealth over the long term. It offers award-winning portfolios in stocks and bonds, providing a higher-than-average return on investment. The interest rate is directly linked to the European Central Bank's base rate, ensuring that users always get the best possible return on their savings.

The company's revenue model is straightforward. Instead of charging fixed fees, UnitPlus charges a 0.6% fee on the money invested per year. This approach ensures that the company's interests are aligned with those of its users, as it only makes money when its users do.

One of the standout features of UnitPlus is the security it offers. The money invested with UnitPlus is considered a special asset, making it safer than a regular bank account. Even amounts exceeding €100,000 are secure.

In summary, UnitPlus is a fintech startup that offers a high-interest savings product, coupled with investment opportunities in stocks and bonds. Its business model is based on a low annual fee on the money invested, and it provides a high level of security for its users' investments.

Keywords: Fintech, Savings, High-Interest, Investment, Stocks, Bonds, Low Fees, Security, European Market, Wealth Growth.

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