Hungarians are not tied to their money, they jumped at the opportunity of fintech
A recent survey reveals that 56% of Hungarian adults keep their money in interest-free accounts due to concerns about accessing funds in emergencies. Wise, in collaboration with HOLD Asset Management, is launching a new investment service offering a variable annual return of 4.72% after fees. This service aims to make investments easily accessible through digital platforms. Many individuals hesitate to invest due to fears of losing access to their funds or incurring losses if they withdraw early. The companies encourage clients to explore this new option, highlighting its potential macroeconomic benefits if idle funds are invested.