neon and findependent - simply invest
neon always wants to make sure you have the best possible product. There is a huge demand for different features and we’re not able to meet every need ourselves. That’s why we work with partners. These partners need to align with our philosophy, and (above all else) they also need to benefit you by meeting these very needs. For this to work, our partners have to be affordable, digital and always on the hunt for world-changing products. In this blog, we’ll be introducing you to our hand-picked partners – who knows, you might even find something that’s up your street.
Note: our partnership with findependent is a paid cooperation.
With our partner findependent, investing is easy and comprehensible - even for newbies. We'll give you a quick intro to findependent and show you what makes this fintech start-up so great. As always, we have a cool deal for you so you can get started right away - you're ready to begin with an investment of 500 CHF.
Who is findependent?
findependent is an investment app that makes investing easy and understandable, even for newbies. findependent offers a mobile-only product that you can open completely digitally - with Hypothekarbank Lenzburg as its partner. Almost like neon, then - that's not surprising, as the fintech was founded in 2019 by Matthias Bryner, a former neon employee. findependent was even on Höhle der Löwen - just like us. And convinced several investors, including Roland Brack - just like us! Striking similarity. It is therefore not surprising that neon and findependent have been working together since 2021.
How does it work?
As neon, so findependent: all you have to do is download the findependent app, answer a few questions as part of the account opening process and findependent will suggest four ready-made investment solutions for you. All that in just 15 minutes. If you prefer to have more say, you can also put together your own investment solution. You can already start with an investment of 500 CHF (for the self-created investment solution from 5,000 CHF). In the clearly laid out app you can see how your investments are developing and you can pay in more or withdraw at any time free of charge.
findependent invests in low-cost ETFs (Exchange Traded Funds). The four investment solutions that findependent suggests to you during account opening are made up of a total of nine equity, bond and real estate ETFs. All nine ETFs are selected in such a way that they achieve an optimal risk-return ratio. For investments abroad, so-called «ESG screened» ETFs are used. This means that companies from critical industries such as coal mining, tobacco or weapons are excluded.
What does it cost?
Here too à la neon: transparent and fair. You pay 0.44% custody and management fees on your investment amount per year. The management fees go to findependent, the custody fees to Hypothekarbank Lenzburg. In addition to the quarterly fees, 0.12 - 0.23% of management and operating costs for the ETFs, as well as external transaction costs such as stock exchange fees, stamp duties and exchange rate surcharges are added on top. You pay no management or custody fees on your first 2,000 CHF invested.
The Deal
If you enter the code «neon23» when opening your findependent account and transfer money from your neon account, you will receive 40 CHF on your investment (for a minimum investment of 500 CHF).
This deal is valid for new findependent customers who open an account for the first time. The code cannot be cumulated with other voucher codes.
NB: The first deposit you’ll transfer from your neon account may take up to 2 working days to appear in your findependent app, as it first needs to be proofed by our partner bank HBL. Of course, all following transfers are much faster then, this only regards the first one.
With this deal we also earn some money, as with all our partners.