Berlin, August 23, 2021 - Nuri is the first European banking platform to offer its clients the option to open an automated Savings Plan to invest in Bitcoin and Ether on a monthly basis. It’s the fintech's response to a strong demand from thousands of crypto enthusiasts.

Customers can build their wealth over time and take advantage of the "Cost-Average" effect.

To provide legally compliant financial services, Nuri works with Solarisbank AG as well as Solaris Digital Assets GmbH, which provide the banking infrastructure.

 Crypto starters, too, have repeatedly expressed their desire for a Savings Plan feature, as the ups and downs of crypto prices and the question of the right time to invest unsettles them. Automated Savings Plans, with the help of which a recurring amount is regularly invested, are a popular solution and many banking customers already know and use automated ETF savings Plans. 

How Nuri's Crypto Savings Plan Works

Nuri's automated Crypto Savings Plan can helps clients to build wealth and take advantage of what is known as the average cost effect. It states that for those who invest a fixed amount at regular intervals, the impact of market volatility on their overall investment is reduced. 

As part of their Nuri Savings Plan, clients determine the day of execution and the amount they wish to invest in Bitcoin or Ether on a regular basis. They enjoy full flexibility, as they can skip and adjust payments as needed or delete the Savings Plan at any time if they wish.  

"At Nuri, we believe that everyone should have the opportunity to proactively take control of their own financial future and build wealth. That's why we develop innovative products that make saving and investing in cryptocurrencies as easy as possible for our customers. Our automated crypto savings Plans make it easier to enter the crypto world, as customers no longer need to worry about the right timing for their investment," says Nuri CEO Kristina Walcker-Mayer.

About Nuri
Nuri empowers people to save and grow money and achieve their personal financial freedom. With the mobile bank account, Nuri customers can manage their daily finances and invest their assets in a simple way. To provide legally compliant financial services, Nuri collaborates with Solarisbank AG and Solaris Digital Assets GmbH. Nuri enables its customers to benefit from new types of financial technology and the blockchain economy by bridging the gap between the old and new financial systems. With Nuri, customers can invest in cryptocurrency directly from a bank account and earn up to 5% annual return on Bitcoin. The fintech empowers customers to benefit from new financial technology by being the bridge between the old and new financial system. 
Based in Berlin, Germany's second-largest challenger bank now serves over 250.000 customers across 32 European countries. Nuri was founded in 2015 under the name Bitwala by Jan Goslicki, Benjamin Jones and Jörg von Minckwitz. Christoph Iwaniez, Philipp Beer and Kristina Walcker-Mayer joined the management team since then. The total team presently consists of more than 100 employees. Nuri’s investors include Earlybird Venture Capital, coparion, Global Brain and Sony Financial Ventures, G1, High Tech Gründerfonds, ALSTIN, DIP Capital and the Digital Currency Group.