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To democratise access to digital assets & decentralised finance and empower individuals to take ownership of their finances.
Although cryptocurrency has been around for a while it can be difficult for new investors to take the plunge. Partially this is because the trading landscape is somewhat different than traditional investments, but also because of the high risk of the environment, where a lack of security leads to a high level of fraudulent activity and the possibility of major losses.
SavingBlocks exists to get around these difficulties and provide a simple onramp into the world of crypto and decentralised finance investing. After a short questionaire it is able to recommend an optimised and secure crypto portfolio and automate deposits into a diversified fund. While it is not the only crypto investing platform on the market - Coinbase and eToro are major companies in this space- SavingBlocks stands out with its focus on mitigating risk and its active management of portfolios, both of which increase its appeal to new and cautious investors.
Unfortunately, SavingBlocks is operating in an area which has suffered from extreme market turmoil even when compared to the rest of the tech sector. Despite the British government's stated aims to make the UK a crypto hub, major banks have become more hostile to crypto firms. This has prevented the company from opening a corporate account in the UK and it is now aiming to open accounts in France instead. If it is able to accomplish this, SavingsBlocks may be able to grow into a significant company while proving that crypto markets can still prove to be a safe option for investors.
Kirsty
Company Specialist at Welcome to the Jungle
Edouard Daunizeau
(CEO)Was previously a freelance Growth Lead & Consultant for more than 20 mobile apps, mostly in the FinTech sector. Was Growth Director for Yodel Mobile and Head of Growth at Emma Technologies and Bumble.