DeFi for the masses — crypto investment platform Solvo readies for launch
Solvo, a new crypto investment platform that aims to “unlock the best of decentralised finance”, is readying for launch in the UK.
The app promises to “supercharge your money” with the opportunity to earn 100 times “what your bank offers” along with investments, savings, crypto buying and selling and a card for payments.
Solvo intends to “cut through the noise” of crypto and lower the barriers of entry. It will offer ‘bundles’ that diversify one’s investment portfolio with a set of tokens tracking the Metaverse, BlueChip and DeFi companies.
Users will be able to open an account in “minutes”, diversify their investments, earn up to 8% a year on Solana, Cardano and USD Coin cryptocurrencies, earn cashback and send crypto payments worldwide instantly.
“We might not even be able to fully imagine all the places blockchain technology will take us, but just like the internet, it will change everything,” Solvo says.
“The evolution of money that’s happening right now should be open to everyone and Solvo is here to make that happen.”
Solvo was founded by Revolut alumni Ayelen Denovitzer, who is CEO, and Shailendra Sason in January and is at the pre-launch stage with early access signups available on the company website.