This is one of the most visible consequences of the pandemic: French savings have increased by 90 billion euros in one year. In the face of this unforeseen event, households sometimes find it difficult to manage their finances. For many of them, the money just sleeps in their checking accounts, which doesn’t bring them anything. Often, savers do not want to put their money on risky investments. The bureaucracy and the many documents to be made available can put off more than one thing.
The Cashbee mobile application is designed to be a game changer and address all of these issues head on. Fintech’s goal is very clear: it wants to make savings easier for all French people. No more appointments to go to a physical bank, and the enormous loss of time that goes with it, here opening a new paid account only takes five minutes. In a single tool, you will therefore find a paid brochure and a life insurance policy that offers very interesting returns.
The Cashbee account: A savings book with 2% interest
Cashbee is the guarantee that you will benefit from optimal service and access to selected savings products. The company also has many welcome features to help you optimize your investments. As security is paramount, the company is approved by ACPR Banque de France and established by the European Payment Institutions Directive. High standards and seriousness are therefore essential for the application, which is subject to very high security conditions.
The flagship service offered is the Cashbee account. It is supported by My Money Bank, the company’s partner, free of charge and with no risk of losing capital. The latter rewards customers’ savings and guarantees the liquidity of the funds. For users, it is therefore a certainty that they are benefiting from one of the best-paying savings books on the market: 2% interest in the first three months, then 0.6% in the following months.
This option also offers a much more interesting return than the Livret A in the first year. As with other traditional savings offers, this is also covered by the deposit protection and resolution fund. Your savings are therefore protected up to 100,000 euros in the event of default by the partner institution.
Cashbee +: committed life insurance
This is a first in the financial world. The company offers Cashbee +, the first life insurance contract that is entirely mobile. This offer is based on a partnership with Generali Vie. A bit like the brochure, it’s very easy to use and doesn’t include any entry or exit fees.
Cashbee is the icing on the cake and offers a welcome offer that offers a bonus of 0.5% of the remuneration in addition to the fulfillment of the contract in the first year for all payments. Because funding needs to be accessible to everyone, investment management is handled by professionals who will make your investments grow. They take into account your willingness to take risks and your beliefs.
This is one of Cashbee’s primary commitments. Fintech wants to offer useful savings. Thus, all funds available under this contract are socially responsible. In other words, these investments must therefore pursue an objective of effective economic development while ensuring that they are socially just and environmentally sustainable.
Customers are also offered four themes that take their sensitivity into account. This is the case with Cashbeee + Inclusion, which makes it possible to invest in solidarity. Cashbee + Climat offers an environmentally conscious investment. Cashbee + Tech offers you the opportunity to rely on the technologies of the future. Finally, Cashbee + Impact brings these three topics together.
Fintech isn’t going to stop Cashbee + Immo, its new paper stone investment proposition, in such a good way in the coming weeks. As with the other products in the application, access is very easy and 100% mobile. With optimal liquidity for this asset class, it will also be socially responsible.
Innovative features to manage your savings
Cashbee knows how to adapt to the demand of the public who want access to all banking services in a single application. The service thus offers access to many options with which you can optimize your savings.
In particular, the platform enables a centralized view of all your accounts. The transfer is also free and only takes a few clicks. Capital gains are calculated in real time so you can see more clearly.
To help you organize yourself, Cashbee also includes a detailed history of operations and the ability to make recurring transfers every month. You will also be supported by personalized savings advice and simulations of life insurance investments. Finally and in the event of problems, the application will notify you according to the balance of your checking account.