By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.
Micro-investing app, aimed at half of the world's millennials without retirement plans, rounds up users' card purchases to the nearest euro, saving the difference.
Why
Micro-saving potential in Spain
Spain's saving rate of less than 5% is one of the lowest in Europe.
Millennials are not saving
55% of millennials do not have a retirement savings account.
Spanish Social Security deficit
Closed 2019 with approximately €20m deficit that is expected to grow in the coming years.
Market
$1.2bn
Forecast value of global personal finance software market by 2023 based on 6.4% CAGR from 2017 to 2023: Allied Market Research
The rest of the content is only available if you are logged in.