The fintech Riseup is launching a first-of-its-kind collaboration with the Meitav Dash investment house

The fintech riseup company, which has developed a unique platform that helps Israelis improve their economic situation, is launching a first-of-its-kind collaboration with the Meitav Dash investment house, in which it will offer the company's clients to open a digital and convenient investment provident fund.
The collaboration combines innovative methods from the fields of behavioral economics and the user experience of riseup with the many years of financial experience of Meitav Dash. The process of opening the funds will be carried out through the friendly and simple interface of riseup, which will be connected with the help of APIs to the digital platform of Meitav Dash and will allow the company's customers to open a provident fund for investment within minutes and digitally.
According to a riseup survey, only 40% of customers deposit money in savings each month. Moreover, 20% of the company's customers leave more than NIS 15,000 in current account and lose the potential return on a savings channel. The main barriers for Israelis to generate savings is in light of the small deposit amounts. Now, Riseup seeks to allow Israelis to enjoy the returns and tax benefits offered by investment provident funds, even those with small production amounts.The collaboration allows for cracking barriers and allows even clients with small amounts to generate long-term savings and investment.
For Meitav Dash, this is a strategic collaboration that emphasizes the company's commitment to being at the forefront of technology and providing innovative and special services.
Mr. Miloitsky, Director of Digital and Innovation at Meitav Dash: "The collaboration between the companies is made possible due to the synchronization capabilities between the advanced technologies of two companies and thus offer Riseup's customers the advanced and affordable investment options of Meitav Dash. We intend to continue leading the digital technology investment revolution Breakthroughs for our new and old customers alike. "
Yuval Samet, CEO of Riseup: “Once the corona plague has calmed down, we are anticipating a wave of price increases in household monthly expenses, so our service is becoming more critical than ever. At the same time, along with the need to control spending, we see that more and more Israelis are interested in saving a monthly amount, even a small one, as part of their responsibility for a more balanced financial life. We are proud to launch an eye-catching savings product that makes the capital market accessible to anything - everyone should be able to save their money instead of making money. The collaboration with Meitav Dash expands our range of services and takes households one step further. "