For many of us, investing can seem overly complicated and somewhat intimidating if you don’t know the ins and outs. In addition a lot of people think that you need to have a lot of money saved up to invest. Invest SQUIRREL will simplify and demystify investing. We will make it available for everyone who owns a smartphone
InvestSQ is a smartphone app that “rounds up” your spending to the nearest precision and invests that difference. You link a credit card and checking account, then InvestSQ does the rest.
INVEST YOUR SPARE CHANGE TO INCREASE YOUR INCOME AND HAVE SAVINGS IN THE FUTURE!
How it works
If you make a debit card purchase for €2.25, InvestSQ withdraws €0.75. It invests the money in in one of three portfolio options Big Brave Bear that stands for Cryptocurrency investing, Hard-working Penguin that implies Peer-To-Peer lending and The Wise Wolf that stands for investing in bank funds and investment accounts.
You are to select rounding precision:
- 0.51€ -> 1€ ( round half up )
- 0.30€ -> 1€ ( round all the amounts to the the next integer)
- 1.11€ -> 5€ ( some sort of bigger rounding, this should be defined as custom)
Select how big of a amount should be saved before we move it to the investment.
Nordea and InvestSQ will get commission (1% each) from every cashout.
InvestSQ is to be endlessly helpful – especially for young, tech-savvy people – but are generally aimed at those who want to casually manage their finances and is interested in different types of investment opportunities. A budgeting tool that identifies how to save instead of waste.
Think of the questions that help to define your investment plan: What do you want to achieve when you invest? How secure your future income is? How would you describe your current financial situation?
Big Brave Bear A high yield investment program provides a range of different cryptocurrency assets to invest in. Users deposit cryptocurrency in the form of Bitcoin and other cryptocurrencies and access daily returns on their investment. The return is defined by market data
- Cryptocurrency | market data
Hard-working Penguin A transparent system is to make best out of social networks The ability to diversify risks with a peer-to-peer lending is attracting. Peer-to-peer investing makes it easier to save and faster to get returns.
- Peer-To-Peer | 10-12%
The Wise Wolf An investment deposit gives a chance to benefit from favorable price movements on the market and to build a sustainable future. Investing money in bank funds is one of the most liquid assets in the portfolio that builds a long-term investment strategy.
- Bank funds and investment accounts | 5%<
What's next for InvestSQ
We have integrate InvestSQ and Nordea as well as cryptocurrency exchanges already. Our plan is to implement gamification and education processes in InvestSQ. We will make it available for everyone who owns a smartphone.
Start investing and earning now!