Yancep helps to build personal wealth by making portfolio management digital,simple and accessible to all.Yancep allows individuals to microinvest in professionally managed portfolios.
Current Status
We have approximately 3000 potential users in our waiting list and we already achieved 1 million TL AUM (asset under management) in our beta launch.
Problem or Opportunity
There is no portfolio management company specifically aims to serve for everyday people.Individuals,who can only invest in small amounts, have troubles to save and build wealth. There is a huge
financial inequality in wealth management industry.
Solution (product or service)
Yancep recommend to a user a portfolio based according to targets and risk appetite . Then, they either can send direct deposit to their investment account or can invest by rounding up
spare changes. There is no single stock or index fund in our MVP. A user can only invest in
specific portfolios /baskets. These portfolios managed by professional fund managers & Yancep robo advisor algorithm. Yancep also provides portfolio recommendations to users who don’t know where to invest in.
Business model
Our revenue model is to charge management fee on portfolios we managed. Annual management fee is around 2%-3% annually.