Neverless is a fintech app designed to simplify cryptocurrency and passive investing, founded by three former executives from Revolut. It positions itself as a cheaper, "hedge-fund grade" investment platform for retail users.
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Here are its key features:
Zero-Fee Trading: It allows users to buy and sell over 500 cryptocurrencies and gold without charging any commission fees.
Automated Investment Strategies: The app offers a "Strategies" account that uses automated, market-neutral arbitrage algorithms (typically used by hedge funds) to generate high stable yields on your deposits.
Passive Income: Users can earn daily interest on their held assets, including EUR, USD, Bitcoin, and stablecoins.
Access & Security: It is a mobile-first platform regulated in the European Union as a Virtual Asset Service Provider (VASP), featuring bank-grade security measures.