Vantik GmbH
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Vantik GmbH - overview
Established
2017
Location
Berlin, -, Germany
Primary Industry
Financial Services
About
Based in Berlin, Germany, and founded in 2017 by co-founders Til Klein and Lara Haemmerle, Vantik GmbH developed a robo-advisory platform that help individual in building private pension savings through a user-friendly interface. In June 2022, Vantik GmbH filed for bankruptcy. Vantik offered a debit card called the Vantikcard, which allowed users to receive 1% cashback on every purchase. The cashback earned through the card was automatically invested into a diversified portfolio of exchange-traded funds (ETFs) that helps users accumulate savings for retirement.
These investments were selected to include a broad range of sustainable assets to reduce risk and keep costs low. The funds were locked until retirement age, and a safety mechanism was designed to protect the value of the savings when users reached retirement. Users could manage their card activity and monitor their pension savings through a mobile application.
Current Investors
Seedcamp, Atlantic Labs
Primary Industry
Financial Services
Sub Industries
Consulting Services, e-Financial, Investment Banking
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Ceased Operations
Total Amount Raised
Subscriber access only
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