Follows short-term rates
The yield follows short-term money-market rates, close to the ECB level. A current account usually pays close to 0%.
Company Cash
Your company's spare cash
doesn't have to sit at 0%.
Most business cash sits in a current account earning close to 0%, or gets locked into a fixed deposit to earn a little more. There is a middle option. We invest the cash your company doesn't need for day-to-day operations in money-market funds. Their yield follows short-term interest rates, and you can withdraw the money when you need it.
The cash is invested across several money-market funds (MMFs), so the return varies with prevailing interest rates and is not guaranteed. Our fee is 0.2% a year, and it is the only fee. The money-market funds have their own costs, on average below 0.10% a year, deducted inside the fund.
Cash that sits at 0% buys a little less every year.
The problem
Every business keeps a cash buffer, for payroll, suppliers, tax, opportunities. But that buffer is usually near-zero interest in the current account, or tied up for months in a deposit you can't touch without penalty.
With the ECB rate where it is, the gap between what your cash could earn and what it does earn is real money, and closing that gap shouldn't take a finance project.
Our solution
A liquid, money-market portfolio.
We invest your company's surplus cash in a portfolio of money-market ETFs, which hold short-term, high-quality instruments in euros. The yield moves with short-term rates, which sit close to the ECB rate, and it is not guaranteed.
Liquid
Designed for access when you need the cash, unlike a fixed-term deposit.
Low, transparent fee
Our fee is 0.2% a year, and it is the only fee. We charge no trading costs.
Managed and documented
You get a report on your portfolio, costs and performance every month, and you can see your balance in the app at any time.
Honest framing
Low-risk, not no-risk.
The value of the funds can fall. The investment is not a bank deposit, so the deposit guarantee does not cover it. The yield floats with interest rates and can change.
Money-market funds hold very short-term, highly rated debt: eurozone treasury bills, bank certificates of deposit, commercial paper and repurchase agreements (repo). Maturities run from a few days to a few months. The main risk is that an issuer fails to pay. Because the money is spread across many issuers for a short time, the exposure to any single issuer is small. The EU deposit guarantee covers up to €100,000 per depositor per bank (Directive 2014/49/EU). With a larger bank deposit, the part above that limit depends on a single bank.
Legally, this is a portfolio management service, and the portfolio holds only money-market funds. We decide whether the service suits your company only after we have gone through your liquidity needs together. Cash for payroll, suppliers and tax should stay at the bank.
Your money is protected
Safeguards, built in.
- Segregated assetsYour assets are not on the firm's balance sheet. Client cash is held in fiduciary accounts at a bank, and securities are held by regulated custodians in a pooled client account, separate from the firm's assets; our records show what belongs to whom. The firm's creditors cannot reach these assets.
- ATVP supervisionOngoing oversight by the Securities Market Agency.
- Investor-compensation schemeStatutory cover up to €22,000 per investor. It protects against the firm failing to return your assets, not against investment losses.
Who it's for
Cash that should be working.
- SMEs and owner-managed companiesWith cash beyond what day-to-day operations need.
- Holding companies and professional practicesWith reserves that earn no interest.
The service is available from €20,000.
If you also want to talk about the company's longer-term reserves or your personal investments, we can cover that in the same meeting.
How it works
Four straightforward steps.
01
A short conversation about your cash
How much is truly idle, and how quickly you might need it.
02
Company verification (KYB) and setup
In the app, we verify the company and its representative. You then complete the suitability questionnaire and sign the portfolio management agreement.
03
We manage the idle portion
In the money-market portfolio; the rest stays in your operating accounts.
04
Access when you need it
When you need the money, you place a withdrawal order in the app. We sell the investments and pay the money into the company's bank account, usually within a few days. We charge nothing for a withdrawal.
Capital at risk. Investing involves risk: the value of investments can go down as well as up, and you may get back less than you invested. Past performance and any simulated/back-tested performance are not reliable indicators of future results. Tax treatment depends on individual circumstances and current law, both of which can change. This website is a marketing communication. It is not investment advice, a personal recommendation, or an offer to enter into any contract. Detailed pre-contractual information is provided before any agreement is concluded.