Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
The recent financial endorsement by Incore Invest is poised to propel the development of SAVR’s cutting-edge investment platform, which integrates equities, ETFs, and mutual funds. This platform is designed to provide retail investors with access to comprehensive market data and sophisticated financial tools at significantly reduced costs.
SAVR’s platform aims to democratise the investment process by offering features such as low currency conversion fees, automated commission classes, and advanced AI-driven analytics. These enhancements are part of SAVR’s commitment to fostering informed financial decisions and enhancing user experience for its rapidly expanding customer base, which recently surpassed 100,000 active users.
The new funding will be directed towards accelerating the deployment of SAVR’s new trading platforms across 17 markets. These platforms will feature real-time data feeds, expansive market access, and innovative trading technologies, positioning SAVR as a formidable player in the competitive FinTech sector.
In addition to the investment, Nicolai Chamizo, CEO and Founder of Incore Invest, will continue his influential role on SAVR’s board, bringing his extensive experience in scaling tech businesses to the fore. This ongoing partnership underscores a shared vision between SAVR and Incore Invest to revolutionise investment opportunities in Scandinavia.
Nicolai Chamizo said, “We are delighted to deepen our partnership with SAVR, a true disruptor in the fintech landscape. Their vision for an affordable and user-friendly investment platform aligns perfectly with our commitment to support innovative ventures with promising growth prospects. SAVR is dedicated to revolutionising the Nordic investment sector through accessible data and intuitive tools and Incore Invest is excited to be a part of their journey by leveraging our sector expertise as well as deep networks in the Fintech industry.”
Daniel Aarenstrup, CEO at SAVR, also expressed his enthusiasm about the strengthened collaboration. “SAVR stands out in a competitive market by outpacing traditional players with speed and innovation. This makes entrepreneurial driven investors and experienced operators such as Incore Invest the perfect partners for us. The strategic guidance from Incore Invest’s experienced entrepreneurs within the fintech space will be crucial for our future growth plans and align perfectly with our mission to transform the Nordic investment sector.”
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