Sep 15, 2021
Recent research by the Bank of Ireland reveals that many people have become accidental savers during the Covid-19 crisis. Understandably, half of those surveyed want to build up a rainy day fund for the future. Moreover, within today's climate of low interest rates and high living costs, many are considering investing as a way to make their money go further.
Offering a new investment alternative for the Irish market, BUX, Europe's fastest-growing neobroker, officially launched its zero-commission investing app, BUX Zero, in Ireland this week, making it the first exclusively mobile platform to offer investing in the country.
The arrival of BUX Zero in Ireland promises to make investing easier and more affordable through commission-free investing. In addition, BUX aims to remedy the findings that only 23% of people claim to have sufficient knowledge of markets and investment options. It is a platform that provides intuitive tools to start investing and educational content that helps users to invest responsibly.
Yorick Naeff, CEO of BUX, joins me on the podcast to share the story behind the company. I also learn how BUX's flagship platform, BUX Zero, is making commission-free investing more accessible and allows users to invest in the companies they believe in.