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Indemo’s new FastTrack initiative set to rival traditional bank deposits with up to 4% returns

Indemo’s new FastTrack initiative set to rival traditional bank deposits with up to 4% returns

Indemo’s new FastTrack initiative set to rival traditional bank deposits with up to 4% returns

It’s been an incredible summer for Indemo. We’ve shared countless platform updates in the last few months, funded almost €2M in Discounted Debts, and hit a number of important milestones for the company.

With the Autumn season approaching, we know our community is focused on setting new investment goals, and exploring safe and profitable ways to make their capital work for them. 

As you return back from your holidays, you’re probably tired of waiting in long queues at security, customs, and boarding. Wouldn’t it be great if you could FastTrack everything, and get there sooner

We’re delighted to launch a groundbreaking new initiative that we call “Indemo FastTrack”. FastTrack will maximise your investment returns in a fresh, innovative, and exciting new way. 

At Indemo, we’re constantly pushing the boundaries of tradition. For most people, putting their money in a fixed term deposit at their bank seems like the best solution for long term returns on their savings. The money is locked away for a couple of years, they can’t touch it, and at the end of the agreed term, they get their earnings. Whilst locked away, the bank uses this money and earns on it, whilst the investor gets a small taste of interest, which is usually offset by inflation.

We thought our investors deserve better, so we’ve introduced a new way to make your money work for you - Indemo FastTrack. The new FastTrack initiative will allow you to enjoy instant average bank deposit rates ranging from 1.74% up to 4% on all investments you make. The FastTrack rate will be updated monthly to reflect the actual European Central Bank Eurozone deposit rates. Alongside this, you can expect impressive potential annual returns of 15.1% through our exclusive Discounted Debts - an asset class which has proven to deliver consistent returns, even as other traditional markets experience turbulence. 

We’ve chosen to set the FastTrack rate to reflect the average deposit interest rate offered by banks in the Eurozone*, where most of our investors reside. This index rate is updated and provided monthly by the ECB. 

This is what makes Indemo’s FastTrack unique - in that it ties directly to the average deposit rate that is being offered to customers by traditional banks, but instead provides it instantly. Why wait a year, when you could wait just a second on Indemo?

We’ll update the rate monthly, making sure that returns accurately mirror the most current and competitive banking market rates.

Here’s the deal:

We’ve set the actual rate as of now. At the end of each month, we’ll announce the new FastTrack rate with reference to the actual ECB index which is updated monthly. 

Investors should keep an eye on Indemo’s monthly announcements to follow the new rate which will be applicable for the following month, so they know exactly what the rate on their new investments for the new month will be. But don’t wait too long to take advantage of the early rates, as deposit rates are expected to drop soon! 

Just like you’d upgrade your plane ticket and sit in first class, you can upgrade your Indemo FastTrack rate up to 4% to match the amount you invest. Check out the rate chart below to see what you can expect as a return boost each time you invest. 

And that’s not all. We recently launched a refreshed Referral programme with boosted referral bonuses. Introducers will continue to earn a 1% bonus on your portfolio throughout the whole of their first year.

The FastTrack initiative will start on August 29, 2024 15:00 CET, with the first rate running from August 29, 2024 through to September 30, 2024. 

The FastTrack rates will be paid instantly into your account immediately after you make an investment. 

Remember:

  • Funds from debt repayments (both principal and interest) made before and within the start date of the FastTrack initiative will not qualify.
  • Rate amount cannot be withdrawn or transferred to a third party. When repayments in Notes you invested together with FastTrack rewards are made, all your earnings become your free cash funds.
  • You can invest the FastTrack reward in Discounted Debts only.
  • FastTrack cannot be combined with other promotions on Indemo, unless otherwise expressed.


We’ll keep you updated with more news and announcements, but in the meantime, let us know what you think about FastTrack on social, telegram, and via email. We’re always happy to hear your feedback and answer your questions!

Terms and conditions of Indemo Investment Platform apply to the Indemo FastTrack initiative.

* Indemo FastTrack rates reflect the average bank interest rates - deposits redeemable at notice of up to three months - euro area, as published by the European Central Bank on a monthly basis. Last updated: 31 July 2024 10:00 CEST. Source: https://data.ecb.europa.eu/ 

The Indemo FastTrack is a promo campaign and is not and shall not be considered as a term deposit provided by banks in the EU.

This content is a marketing communication. It shall not be treated as investment advice, independent research or offer, recommendation or invitation to invest in the investment opportunities referred to herein. The content is not aimed at promoting services or products to persons based in jurisdictions where the distribution of said information would be illegal.

Investing in financial instruments involves risk, and there’s no guarantee that investors will get back invested capital. Moreover, past performance does not guarantee future returns. Indemo SIA shall not be responsible for any direct or indirect loss from using the provided information.

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