•   
  •   

Ireland Vantik-Card: This fintech pays you one percent on all card transactions

11:28  23 february  2021
11:28  23 february  2021 Source:   t3n.de

Biggest unicorn in Europe: Klarna worth 31 billion dollars after financing round

 Biggest unicorn in Europe: Klarna worth 31 billion dollars after financing round Klarna is said to be about to conclude a financing round that would bring a billion US dollars into the coffers of the Swedish fintech. Klarna would then be worth 31 billion. © Ascannio / Shutterstock Klarna. In September 2020 Klarna had raised $ 650 million in the last financing round to date . The payment service provider from Sweden was valued at eleven billion dollars. A new round of financing, which should be completed in the next few days, would value Klarna now at 31 billion dollars.

The Berlin fintech Vantik wants to make it easier for customers to invest in old-age provision. Thanks to a Mastercard debit card with one percent cashback on every transaction, you can save on the side.

Til Klein, Gründer von Vantik. © Vantik Til Klein, founder of Vantik.

With the Vantik and the Vantik-Card, a start-up has gone onto the market in Berlin that is dedicated to the Retirement Provision . After a beta test with a few hundred test customers, the company has now presented a free debit card for everyone, which should be available from April. The special feature: The card, which is realized with Mastercard and the Vodeno banking-as-a-service platform, grants one percent of the sales value as cashback for all bets.

US stock exchanges: Dow cautious after record - Nasdaq in the red

 US stock exchanges: Dow cautious after record - Nasdaq in the red Investors continued to be nervous on Friday on Wall Street. © Bryan Smith / ZUMA Wire / dpa The New York Stock Exchange on Wall Street. After its weakness the previous day, the Dow Jones Industrial initially returned with a new record of 31,648 points, but then the tailwind was lost as bond yields rose again. With 31,494.32 points, he then crossed the finish line unchanged in percentage terms. On a weekly basis, it increased by 0.1 percent.

The amount is automatically invested in an sustainable portfolio : This should make it easier for customers to take care of the topic of old-age provision. It is doubtful whether this is enough to close the well-known pension gap. But it is always a good door opener to deal with the topic. According to the European statistical office Eurostat, the number of people at risk of old-age poverty in Germany has risen sharply in recent years and is currently 3.1 million people over 65 years of age.

Vantik's interesting marketing approach

Investors in the company founded by Til Klein in 2019 are Atlantic Labs, STS-Ventures and Seedcamp as well as business angels such as Maximilian Tayenthal, one of the founders of N26 . Vantik sees the service's USP in the flexible and simple approach to investing; the customer is saving “on the side” for old-age provision. The company does not yet state the exact composition of the ETF - the customer only learns the breakdown into 60 percent stocks, 25 percent bonds, 10 percent real estate and 5 percent raw materials - and the trendy term sustainable investment comes up. In the course of the year there should also be the possibility of paying into the ETF portfolio yourself - actually an indispensable basis for selling the principle of good conscience to the customer as a pension.

Because of the corona crisis: every tenth training company wants to hire fewer trainees

 Because of the corona crisis: every tenth training company wants to hire fewer trainees The corona crisis is leading to a significant decline in training positions. As a study published on Monday by the Institute for Employment Research (IAB) revealed, a tenth of the companies entitled to train plan to reduce the number of apprenticeships offered in the training year 2021/2022 or even to do without them entirely. The proportion is significantly higher for companies that have been severely affected by the pandemic - especially in the hospitality industry.

That shouldn't hide the fact that the few cents or a few euros that are deposited month after month are more of a drop in the ocean. It is questionable whether a customer will also invest in ETFs as a result - whoever does it anyway will do it with the help of the cashback. In the end, Vantik is a (admittedly kept simple) cashback model, as offered by other neobanks from Vivid Money to DKB to Dify .

After all, the conditions with a flat rate of one percent are also so attractive: The Vantik Card is a standard debit Mastercard with no monthly basic fee, which guarantees cost control based on direct debiting from the account. The card can be linked to any desired account via a bank connection and also supports Apple Pay and Google Pay. Those interested in the offer, which starts in a few weeks, can put on a waiting list .

Okonjo-Iweala wants to bring a breath of fresh air into the WTO .
Wherever the renowned development economist Ngozi Okonjo-Iweala (66) appears, she cuts an impressive figure. © Martial Trezzini / KEYSTONE / dpa Ngozi Okonjo-Iweala: "If we didn't have the WTO, we would have to invent it." The Nigerian woman has kept her style among suit and costume wearers despite decades in the USA: She wears very brightly colored dresses, with large patterns, almost always with a boldly tied headscarf.

usr: 2
This is interesting!