Savedo

Portrait

Savedo is an investor service founded in Berlin in 2014. Since 2017, Savedo is part of Deposit Solutions GmbH. Savedo enables private customers from Switzerland, Germany, Austria and the Netherlands to invest money with banks in other European countries via a single Savedo account.

In cooperation with investment banks from Switzerland and abroad, Savedo offers its clients in Switzerland time deposits with different maturities and interest rates. The investment process takes place via Savedo's Swiss service bank - Hypothekarbank Lenzburg. The latter transfers the amount of money to the respective investment bank.

All savings deposits at Swiss investment banks are protected by the legal deposit insurance of Switzerland up to a limit of CHF 100'000 per customer and bank. Deposits at European investment banks are protected by the EU-wide harmonized deposit guarantee scheme up to an amount of EUR 100,000.