The business model of the Nekster platform is based on insured loans, issued by our subsidiary companies, primarily by Achilles. Standard-rate interest that are generated from the loan and are covered by borrowers, ensure the 5-10% rate of yields to investors that invest in said insured loan on the Nekster platform.
Average yields on bank deposits in 2018:
Compared to bank deposits, Nekster investments bring much higher yields. Based on the bank data, negative yields on bank deposits cause bank customers’ funds to actually shrink rather than grow.
Average yields for Nekster investments in 2018:
The average yields for the listed Nekster investments in the first half of 2019 were 8,21% with average investment maturity of 49 days.
Since the launch of the Nekster platform in 2017 to now, the average yields were 8,93% with average investment maturity of 42,8 days.
Average yields on bank deposits after 3 years:
Standard bank deposits can’t guarantee any substantial growth of funds for bank customers. The interest on the initial deposit of EUR 1.000 would grow by EUR 15 worth of interest after three years in a bank account. Taking into consideration all the bank account-related expenses incurred on a monthly basis, the overall growth would be close to zero.
Average yields for Nekster investments after 3 years*:
The yields for Nekster investments are based on a tested business model. Regular re-investing and compound interest rate could grow the users’ initial deposit of EUR 1.000 by over EUR 240 after three years – more than 16-times more compared to a bank deposit.