In July, the fast-growing Swedish fintech Moank launched savings accounts with a state deposit guarantee. The unique offering is called Moank Flex.

"We are thrilled to have launched Moank Flex. It’s the sharpest savings offering on the market, completely digital without any complicated conditions. We want savings to be straightforward and easy, and we want our customers to have the best return on their savings. Hence, we have raised the variable interest rate to 1.25% from the first krona you deposit.

"As it is important for us to team up with the best and use industry standards, we selected Vilja Deposit platform. They delivered on their promise, and we are very pleased with our cooperation”, says Gustav Ek, co-founder
and CFO at Moank.

"We are incredibly impressed by Moank’s business and proud to realize the launch of their new savings offering. Vilja Deposit is the clear market leader in Sweden, and we see this as yet another proof that our banking platform meets the high demands of flexibility, automation and speed," concludes Fredrik Ulvenholm, CEO at Vilja.

Moank Flex is a savings offering with the market's most favourable conditions. The saving takes place without any fees or commitment period. No app is required and customers start their savings easily via BankID on Moank's website.