Sparbatze rolls out digital pension offering with Zuger Kantonalbank, additiv & Qcentris

By Megha Bhattacharya

Swiss FinTech Sparbatze has today announced the launch of its fully digital pension services in collaboration with three industry partners, including Zuger Kantonalbank, additiv, and Qcentris. Zuger Kantonalbank will assume the responsibility of the custodian and will strengthen the digital proposition with the provision of fund accounts for an external asset manager.

Sparbatze new digital pension services will enable its clients to increase their retirement funds by leveraging additiv’s DFS System of Intelligence, a cloud-native orchestration engine that enables the cost-effective launch of smart and personalized wealth services.

Oliver Steeg, Co-founder of Sparbatze, commented, “In these unstable times, preparing for the future has never been more important. With our new, fully digital pension and investment services, our customers are empowered to take control of their financial plans easily and conveniently. Just select the right investment themes with a few clicks, and you can invest in simple and transparent investment products and steer your pension savings according to your individual needs. We believe in time this type of savings product will be the norm and are delighted to introduce this new approach at a time when this is very much needed.”

The companies stated that the range of pension focused services enables customers to access all services in just four easy application steps without the need to book a financial advisor, including 3a retirement savings and free savings products. Along with the services, a fully digital onboarding, and account opening process will be incorporated in a bid to boost customer service.

Adrian Andermatt, Executive Board Member at Zuger Kantonalbank, stated, “Like Zuger Kantonalbank, Sparbatze is focused on offering the best service to its clients. This cooperation provides a perfect base to strengthen our digital proposition.”

Michael Stemmle, CEO and founder of additiv, added, “Financial planning solutions are at the heart of our offering and what society needs to bridge the looming pension gaps in the Western world. We are delighted that our orchestration engine, DFS System of Intelligence, is enabling the delivery of convenient and intelligent savings and investment products that will lead to customers benefiting from greater transparency in retirement.”