Vantik is a mobile-first retirement account that lets users open an account and save via monthly or one-off transfers starting at €1. Deposits are invested in the Vantik Fund, a diversified mix of stocks, bonds, real estate and commodities targeting a 3% annual return. Customers can withdraw their money at any time, and Vantik charges a yearly service fee of 1.18%. The service-fee revenue is shared among partners handling account and portfolio management, fund administration, depository, investment advice, and Vantik’s sales and support. The company was founded in 2017 by Til Klein and Lara Hämmerle and positions itself as an alternative to traditional life-insurance pension products. Vantik emphasizes mobile-first flexibility and visibility for retirement savings aimed at a generation used to managing finances on smartphones.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2019