Details

Pros

  • 2.90% p.a. interest
  • EU deposit protection (Malta)
  • Listed company (Multitude)
  • Simple online opening
  • Daily availability

Cons

  • Maltese deposit protection (lower country rating)
  • Less well known
  • Support in English

Fact sheet: Ferratum Bank

Company nameFerratum Bank
Founded2005
HeadquartersHelsinki
CountryInternational
BaFin-regulated No
Deposit protection €100,000
Customers 400.000+
Typefintech
Website ferratum.de/ *

About Ferratum Bank

Ferratum Bank is a listed Finnish fintech company that offers call money in Germany via its Maltese banking licence. With 2.90% p.a. and EU deposit protection up to €100,000, Ferratum is an option for yield-oriented savers.

Special features

  • Listed on the stock exchange
  • Maltese licence
  • 2.90% interest

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