Fintech
Nao Expands to Austria, Offering Investment Opportunities Starting at €1,000
Austrian private investors can now access high-quality asset classes like private equity and hedge funds through the NAO app, with a minimum investment of just €1,000. This expansion democratizes investment opportunities previously reserved for the wealthy, aligning with NAO’s mission to build long-term wealth. The move taps into Austria’s growing interest in alternative investments.
![Nao](https://born2invest.com/wp-content/uploads/2024/08/pexels-liza-summer-6347711.jpg)
The Berlin-based fintech company Nao is expanding to Austria. After launching in Germany in summer 2023, Austrian private investors will now also have access to investment opportunities in the app starting at 1,000 euros. The startup’s focus is on investments in alternative investments such as private equity, infrastructure and hedge funds.
Private investors from Austria can now register via the app and invest in a variety of asset classes that are very popular with institutional investors – including private equity, hedge funds, infrastructure investments and equity-linked bonds. Using a co-investment approach, this is possible with a minimum investment of just 1,000 euros. Nao is thus lowering the entry barriers and giving a wider public access to investment opportunities that were previously only available to wealthy and institutional investors.
With the expansion to Austria, we are officially starting our internationalization. Austrian private investors can now invest money like professional investors via the NAO app. Our mission is to democratize access to high-quality investment opportunities and to help people build long-term wealth. The Austrian market is an important step on this path for us.” Robin Binder, CEO and founder of NAO
Long-term investment and pension provision are the main motives for investment
According to the Austrian Banking Association, savings accounts and building society contracts are the preferred forms of investment for Austrians. According to the 2024 Stock Barometer, 27% of Austrians own shares, bonds or investment funds.
Another 21% are interested. The main reasons for investments are the desire to build wealth and preserve value in the long term. Binder explains that investments in alternative investments are still in their early stages in Austria, but demand is growing.
What Nao does
Nao is a co-investment platform whose self-declared goal is to liberalize investments and help people build long-term wealth. In the app, investors would find investment opportunities that were previously only accessible to a small financial elite.
For its offering, the Berlin-based WealthTech, founded in 2022, cooperates with Baader Bank as a custodian bank and banks such as UniCredit, UBS and Vontobel. In regulatory terms, Nao uses a liability umbrella for investment brokerage and works as a contractually bound agent for DonauCapital Wertpapier.
__
(Featured image by Liza Summer via Pexels)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in IT Finanzmagazin. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us
![](https://born2invest.com/wp-content/uploads/2018/11/logo-slogan.png)
-
Impact Investing2 weeks ago
Swisspower Renewables Has Invested in Three Photovoltaic Projects in Italy, with a Total Capacity of 19.5 MW
-
Business14 hours ago
What Fed Rate Cuts Mean to Your Money
-
Biotech1 week ago
JPMorgan Reduces its Position in Grifols to Below 3% Amid Brookfield Negotiations
-
Biotech2 weeks ago
Medtech Exports Rise by Another 5.9% Until June, Reaching 1.1 Billion