CRED, the leading fintech company in India, has recently launched its first international product, Ever, in Egypt. Ever is a compound savings platform that allows users to save and invest their money in a hassle-free manner.
The platform offers a unique feature called "Smart Deposit," which automatically invests the user's savings in a diversified portfolio of mutual funds. This feature ensures that the user's money is invested in a safe and profitable manner, without the need for any manual intervention.
Ever also offers a "Round Up" feature, which rounds up the user's daily transactions to the nearest whole number and invests the spare change in the user's chosen investment portfolio. This feature helps users save money without even realizing it.
Another feature of Ever is the "Goals" feature, which allows users to set financial goals and track their progress towards achieving them. Users can set goals for various purposes, such as buying a house, saving for a vacation, or building an emergency fund.
Ever is available for both Android and iOS users and can be downloaded from the respective app stores. The platform is free to use, and users can start investing with as little as EGP 10.
CRED's entry into the Egyptian market is a significant step towards expanding