Satispay enters the world of investments and launches the remunerated « piggy bank »: how it works
The liquidity can be deposited on a monetary fund with an estimated yield of 2.24%. The product, developed with Amundi, will be without constraints and without minimal amounts
Satispay enters the world of investments. Fintech launched « remunerated piggy bank », a product developed with Amundi that allows you to obtain a yield on the sums deposited on the app. More precisely, It is a common monetary fund with an annualized yield estimated at 2.24%net of costs (0.17% the Commission), but gross of taxation. There will be no minimum investment amounts or deposit constraints: The money invested in the fund will be redeemed on the working day following the request And Satispay will take care of managing the taxation of capital income.
How much money there is in the saving of Satispay
« We left simplifying payments and we want to do the same with the world of investments, » said CEO and co-founder of Satispay, Alberto Dalmasso, revealing that Today over one million users has put more than 250 million euros in total in Fintech’s piggy bank. « With our first product, we want to give our current users, and the other Italians who will become a concrete tool to enhance their liquidity and their savings in a simple, transparent and flexible way », he added, remembering that The Italians filed over 1360 billion on current accounts mostly without any remuneration.
The numbers of Satispay
The entry into the investment sector expands the range of services available on Satispay. The platform today has over 5.5 million users and over 400 thousand affiliated operators. In 2024 he intermediated payments for 3.5 billion euros. For just over a year, then, Fintech entered the sector of corporate welfare And today it counts among users of this service about 100 thousand employees. The corporate welfare remarked Dalmasso, is one of the pillars of the plan for the future of Satispay next to investments.
The next steps
By the summer they will arrive on the Satispay platform – which to distribute investment products develop constituted a company ad hoc In Luxembourg – Other financial instrumentseven with more long -term horizons. However, Dalmasso specified that he wanted to maintain an essential and not too articulated investment offer to avoid confusing users. The next proposals can be created again with Amundi or in collaboration with other managers since the agreement with the French Asset Manager is not in the exclusive regime.
