Kaspar& funding news – Switzerland-based Kaspar& Secures €2.58Million in Seed Funding

Avaloq has taken a minority interest in the business as part of the new agreement, and it will combine the cutting-edge Kaspar& investing app with the Avaloq Core Platform. This will make it possible for Swiss banks using the Avaloq platform to give their customers easily accessible chances to begin investing.

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It is a wealth management and software firm that was founded in 2020 by Dr. Jan-Philip Schade, Dr. Lukas Plachel, Lauro Böni, and Sebastian Büchler. The company provides services such as investment apps, payment processing, and bank account access.

The company offers a save-as-you-spend option that rounds up credit card purchases and invests the difference in exchange-traded funds (ETFs) and index funds.

About Kaspar&

Kaspar& was founded in 2020 by the four founders Dr. Jan-Philip Schade, Dr. Lukas Plachel, Sebastian Büchler and Lauro Böni as an HSG and ETH spin-off in St.Gallen. It has since become the first FinTech to receive a license as an asset manager from FINMA and has thus steadily expanded its offering on the market.