Dozens Savings plc financial investment platform debuts on Aquis Stock Exchange
Group merges savings and investment accounts into one app to give users a “complete picture” of their finances
Dozens Savings plc (LON: DS16) announced that it has started trading on the Aquis Exchange with 996 5% covered bonds.
The financial investment platform merges savings and investment accounts into a single app to give users a âfull pictureâ of their finances.
It offers a free UK checking account with credit card while there is no charge for using the card or withdrawing money abroad.
It has more than 20 integrated partners and has been supported by investments of US $ 10 million.
The Aquis bonds, worth Â£ 100 each, have a total principal amount of Â£ 99,600.
They mature on May 4, 2022 and represent the sixteenth round of Dozens Savings’ 5.00% fixed rate covered bond program of Â£ 7million.
Combined with its previous series, Dozens Savings issued bonds with a total principal amount of Â£ 3million.
The company also offers a fixed income financial investment product, namely 5% fixed rate covered bonds, to clients of its parent company, Project Imagine.
Project Imagine aims to create a second-generation improved financial management alternative from “disruptive banking and monetary issues,” the company said.