Neonomics selected by Endavu to scale investment app via open banking

Neonomics
April 4, 2024
April 4, 2024
4 minutes

04.04.2024 COPENHAGEN, DENMARK – Neonomics, a leading open banking company and Endavu, the fastest growing investment platform in Denmark, have partnered to streamline the process for users of Endavu to fund their investment accounts. This collaboration aims to enhance accessibility, allowing users to seamlessly invest in over 50,000 different stocks and ETFs across more than 25 different markets.

Built by entrepreneurs with extensive experience within FinTech, Endavu has been created to make investing more accessible and straightforward for everyone. In record time, Endavu achieved a financial license from the Danish FinancialSupervisory Authorities and built a platform with some of the market's most competitive prices and a wide range of investment options.

With today's generations being more open about personal finances, there's a growing desire to discuss investments with a wider community and those you trust. Endavu empowers users to explore the portfolios and strategies of like-minded investors, thus making investing both inclusive and social. Additionally, Endavu has built a vast universe of thematic collections of stocks to help people identify investment opportunities based on their interests and beliefs, making it easier to get started, set, and follow financial goals.

We have a unique advantage in that we have built our core investment infrastructure with latest technologies. We designed our platform with simplicity in mind, aiming to maximize the amount of our users’ funds directly contributed to growing their assets, rather than being bogged down by high processing or hidden fees commonly seen in the investment world. That’s also why we partnered with Neonomics, to enable a seamless funding experience for our users as well as a cost-efficient set-up. In roughly two months, more than 70% of our users now use Neonomics as the preferred way of funding their investment account.” -Martin Roland Knudsen, CEO and Founderof Endavu

Account-to-account payments offer unparalleled efficiency when it comes to cost and settlement time, enabling a secure and stable pathway for Endavu to deliver enriched services to their end users.

Commenting on the partnership for Neonomics, CEO and Founder Christoffer Andvig said, “Today, we’re seeing a surge in the number of people entering the investment landscape. However, this influx also brings increases awareness among consumers about the costs involved, which has become a major pain point across the industry. By introducing more cost-efficient ways to move money, we see a tremendous opportunity to reshape the ecosystem through open banking, and we are excited to support Endavu´s growth journey.”

                                                                                      ###

 

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution, the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics, visit www.neonomics.io.

 

Media Contact Details:

Sarah Thue, Marketing @ Neonomics, sthue@Neonomics.io

 

About Endavu:

Endavu is a disruptive new player in the European investment landscape with a mission to simplify the world of investing, empowering individuals to take control of their financial future. Established in 2022, the company has quickly become Denmark’s fastest-growing investment platform. Remarkably, Endavu has secured financial license across the European Union, targeting a potential clientele of more than 100 million Europeans. With a portfolio that includes a wide array of investment opportunities—such as stocks, ETFs, and mutual funds—spanning over 25 markets, Endavu is committed to offering some of the most competitive rates in the market, all while helping people towards their financial dreams. Discover more at www.endavu.com.

 

Media Contact Details:

Martin Roland Knudsen @ Endavu, martin@endavu.com

 

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Neonomics selected by Endavu to scale investment app via open banking

04.04.2024 COPENHAGEN, DENMARK – Neonomics, a leading open banking company and Endavu, the fastest growing investment platform in Denmark, have partnered to streamline the process for users of Endavu to fund their investment accounts. This collaboration aims to enhance accessibility, allowing users to seamlessly invest in over 50,000 different stocks and ETFs across more than 25 different markets.

Built by entrepreneurs with extensive experience within FinTech, Endavu has been created to make investing more accessible and straightforward for everyone. In record time, Endavu achieved a financial license from the Danish FinancialSupervisory Authorities and built a platform with some of the market's most competitive prices and a wide range of investment options.

With today's generations being more open about personal finances, there's a growing desire to discuss investments with a wider community and those you trust. Endavu empowers users to explore the portfolios and strategies of like-minded investors, thus making investing both inclusive and social. Additionally, Endavu has built a vast universe of thematic collections of stocks to help people identify investment opportunities based on their interests and beliefs, making it easier to get started, set, and follow financial goals.

We have a unique advantage in that we have built our core investment infrastructure with latest technologies. We designed our platform with simplicity in mind, aiming to maximize the amount of our users’ funds directly contributed to growing their assets, rather than being bogged down by high processing or hidden fees commonly seen in the investment world. That’s also why we partnered with Neonomics, to enable a seamless funding experience for our users as well as a cost-efficient set-up. In roughly two months, more than 70% of our users now use Neonomics as the preferred way of funding their investment account.” -Martin Roland Knudsen, CEO and Founderof Endavu

Account-to-account payments offer unparalleled efficiency when it comes to cost and settlement time, enabling a secure and stable pathway for Endavu to deliver enriched services to their end users.

Commenting on the partnership for Neonomics, CEO and Founder Christoffer Andvig said, “Today, we’re seeing a surge in the number of people entering the investment landscape. However, this influx also brings increases awareness among consumers about the costs involved, which has become a major pain point across the industry. By introducing more cost-efficient ways to move money, we see a tremendous opportunity to reshape the ecosystem through open banking, and we are excited to support Endavu´s growth journey.”

                                                                                      ###

 

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution, the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics, visit www.neonomics.io.

 

Media Contact Details:

Sarah Thue, Marketing @ Neonomics, sthue@Neonomics.io

 

About Endavu:

Endavu is a disruptive new player in the European investment landscape with a mission to simplify the world of investing, empowering individuals to take control of their financial future. Established in 2022, the company has quickly become Denmark’s fastest-growing investment platform. Remarkably, Endavu has secured financial license across the European Union, targeting a potential clientele of more than 100 million Europeans. With a portfolio that includes a wide array of investment opportunities—such as stocks, ETFs, and mutual funds—spanning over 25 markets, Endavu is committed to offering some of the most competitive rates in the market, all while helping people towards their financial dreams. Discover more at www.endavu.com.

 

Media Contact Details:

Martin Roland Knudsen @ Endavu, martin@endavu.com

 

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Neonomics AS is licensed as a Payment Institution (PI), Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP), issued by the Norwegian Financial Supervisory Authority (Finanstilsynet) passported across the EU.