Savedo

Savedo is an online portal that allows savers in Germany to invest in safe and lucrative fixed-term deposits provided by partner banks within the EU. The company operates as a platform for the involved banks, handling German customer service and providing standardized German account documents.

Operated by a team of experienced international finance experts and online professionals, Savedo allows customers to easily invest across Europe, without having to travel to the respective European country.

The current EU directive for deposit insurance covers up to 100.000 EUR per person per bank. On top of that, Savedo works closely together with its German partner bank, biw AG, and coordinates all activities with the foreign partner banks and follows the highest safety and quality standards.

Savedo was acquired by Deposit Solutions on Aug 14, 2017.