This is one of the most visible consequences of the crisis: French savings jumped 90 billion euros over a year. Faced with this unforeseen event, households find it difficult to manage their finances. For many of them, the money sleeps in their checking accounts … which does not earn them anything. Savers often do not want to invest their money in high-risk investments. The bureaucracy and the many documents that you have to provide can also scare more than one.
Cashbee’s mobile application wants to be a game changer and takes all of these issues right off the bat. The goal of this fintech is very clear: it wants to make it easier for all French to save. No more appointments to a physical bank. No more wasting time: With Cashbee, opening a new paid account only takes 5 minutes. In one single tool, you will find a paid brochure and life insurance that offers attractive returns.
Discover the Cashbee application
Cashbee account: a savings book with 2% remuneration
Cashbee guarantees that you will benefit from optimal service and access to finely selected savings products. The company also offers many welcome features to help you optimize your investments. As security is paramount, the company is approved by the ACPR Banque de France and is subject to the European Directive on Payment Institutions. Seriousness is required in the application, which is subject to very demanding safety conditions.
The flagship service offered on the application 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 pays the customers’ savings and ensures the liquidity of the funds. For customers, this is the guarantee of benefiting from one of the best-paid savings books on the market: 2% interest in the first 3 months, then 0.6% gross.
This option also offers a much more interesting return in the first year than the savings book A. As with other traditional savings offers, it is also protected by the deposit protection and resolution fund. Your savings are thus secured up to 100,000 euros in the event of the partner institution failing. This is an extreme case, but it gives you peace of mind.
Cashbee + and its dedicated life insurance
This is a first in the financial world. The company offers Cashbee +, the first life insurance contract exclusively on the mobile phone. This offer is based on a partnership with the insurer Generali Vie. Similar to the savings account, it is very easy to use and has no issue or redemption fees.
As the icing on the cake, Cashbee offers a welcome offer that offers a bonus of 0.5% on the contractual performance on all payouts in the first year. Because finances need to be accessible to everyone, investment management is handled by professionals who will grow your investments. These take into account your willingness to take risks and your beliefs.
This is one of Cashbee’s most important commitments. The French fintech does indeed want to offer meaningful savings. Thus, all resources accessible under this contract are socially responsible. In other words, these investments must therefore pursue the goal of effective economic development and at the same time be socially just and environmentally sustainable.
Four topics are also offered to customers, thus taking their sensitivity into account. This is the case with Cashbeee + Inclusion, which enables solidarity investing. Cashbee + Climat offers an environmentally conscious investment. Cashbee + Tech offers you the opportunity to rely on the technologies of the future. After all, the Cashbee + Impact version combines these three topics.
Far from quitting so well, Fintech will be launching Cashbee + Immo, its new paper stone investment offering, in the coming weeks. The other products in the application are easily accessible and only available on mobile devices. It offers optimal liquidity for this asset class and will also be socially responsible.
Innovative features to control your savings
Cashbee knows how to adapt to the demand of the public who want to access all banking services in a single application. The service thus offers access to many options with which you can optimize your unpaid sleeping allowance.
In particular, the platform enables a central view of all your accounts. Transfers are also free of charge and can be made with just a few clicks. Capital gains are calculated in real time, giving you a clearer overview.
In order to be able to organize yourself better, Cashbee also offers a detailed operating history and the possibility to make recurring transfers every month. Individual savings advice and life insurance investment simulations are also at your side. Finally, the mobile app will notify you of any problems based on your current account balance.
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