The St.Gallen-headquartered wealthtech company Kaspar& reveals that it has managed to secure a seat in the second stage of Switzerland’s startup accelerator program, Venture Kick.
The company’s management states:
“We want to take care of your financial life. That’s why Kaspar& is designed to provide seamless and comfortable access to professional financial services – starting with investing & saving. We are a team of professional asset and portfolio managers and developers. We have years of experience in the fields of financial market research, risk management and, in particular, asset management for Swiss pension funds, large institutional investors and family offices. Today, with Kaspar &, we are doing everything we can to ensure that you receive just as good advice.”
Established in 2017, Venture Kick provides a three-stage funding model that has been launched to offer support to high-potential startups in Switzerland. Through this initiative, these projects are provided the funding they need to kick-start their ventures.
In contrast to existing neobanking platforms or robo-advisors, Kaspar& says that it does not solely focus on one product offering or even a single service. Instead, the company’s approach involves offering the appropriate guidance to the client via a complete wealth building process. This is supported with specific banking and investment services in order to help clients achieve their objectives.
Previously, Kaspar& had launched its very first live operations and it’s now getting ready to launch the Alpha phase – which includes a completely digital onboarding process, along with an automated top-up mechanism that supports micro-investments with every card payment transaction. It also provides the possibility or option to create various individual investment goals with personalized strategies.
Jan-Philip Schade, Co-founder at Kaspar&, stated:
“These achievements show the broad and general interest in our vertical development approach. By setting customer needs at first place and then adding classical banking commodities, such as payments, together with wealth management services we can create an entirely new generation of B2C offering.”