As the ‘Millennials’ have started earning extensively, investing has become a necessity these days. As per the ING International Survey 2019, 61% of Europeans are concerned about saving for their retirement while 54% believe that they will have to earn after retirement as well. The reason behind this concern is that many in the young generation are not able to rely on traditional options such as a pension. This is where options such as BUX Zero will be of help.
Founded in 2014 by Nick Bortot in Amsterdam, BUX aims to make it easy and affordable for users to do more with their hard-earned money. Since its launch, the Dutch fintech has served over 2 million users across 9 countries in Europe. It is backed by Holtzbrinck Ventures, Velocity Capital, Finch Capital and Initial Capital. BUX provides short-term trading via an in-app community. Now, with the introduction of BUX Zero, the company makes commission-free investing accessible to all and lets users invest in brands and companies they like via an easy-to-use and intuitive app.