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Problem Statement

We all want to secure our future. We want to retire independently, provide for our children, ensure they receive good education, or just treat ourselves to something nice from time to time. Not to mention enjoying the freedom of having some spare cash for โ€œwhat ifsโ€ like unexpected expenses or a lost job.

However, saving regularly can feel like a never-ending, uphill battle. Building your savings requires time, dedication, and โ€“ most importantly โ€“ spare income. Everyday costs like housing, food, or childcare continue to rise and salaries often lag behind. According to a 2021 study commissioned by the Warsaw Stock Exchange and the Warsaw Institute of Banking, 36% of interviewees indicate lack of spare money as one of the main reasons for not saving or investing. We also simply might not have the time or knowledge required to start looking after our savings properly. More than 90% of adult Poles claim that they are saving money, a study by the National Bank of Poland shows, but only 42% declare having a financial product involved with saving or investing.
Putting money aside in a regular checking account or in a deposit โ€“ which are still the most popular forms of saving in Poland โ€“ makes little sense due to low interest rates and inflation. Having cash in a current or savings account between 2016 and 2020 would mean losing 8% of its value in real terms, with bank deposits bringing a 3% loss. Other investment products were barely in the green despite being much more complicated in nature and having a high barrier of entry. There just arenโ€™t any simple, transparent solutions that provide stable returns and do not require much in exchange.
Times do change, however, and every scientific or technical breakthrough brings with it new opportunities. It can be seen in almost all aspects of life. We believe securing peopleโ€™s future should be no exception.
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