FRANKFURT AM MAIN, Germany–A new savings app that includes cryptocurrencies has made its debut in four countries. The new app, called savedroid, is a “smooth path to cryptocurrency saving, making it accessible to everyone,” the company said.
savedroid’s motto is “Savings made really easy.”
The app is now available in the United Kingdom, Denmark, Czech Republic and Estonia. The company was founded by Yassin Hankir and Tobias Zander in 2015.
“savedroid exists to bring personal piggy bank savings into the modern world,” the company said. “They’re reshaping the experience of savings and cryptocurrencies, making the process simple, smart, and fun—with absolutely no crypto exchange signup, wallet setup or private key handling required.”
In introducing the app the company said savedroid leverages its existing core asset of self-learning AI technology.
“Such technology works to enhance the User experience based on maximum simplification and emotional gamification, helping everyone reach their goal effortlessly,” it said. “The Artificial Intelligence algorithm analyzes user checking accounts and identifies saving potential. Then, automatically transfers these savings into the user's savings account, seamlessly and without hassle, amplifying user investments.”