Rayn: The crypto FinTech that is reinventing savings changes its name

FinTech Akt.io is in the midst of a metamorphosis. Always faithful to its incessant quest for innovation, it changes its name and becomes Rayn. If Akt.io was intended to make wealth management accessible to everyone, Rayn is now setting itself even more audacious objectives by aiming to become a revolutionary alternative to the traditional banking system.

From Akt.io to Rayn: What’s changing?

If you have often had difficulty pronouncing ” Akt.io » or if you have sometimes confused it with a simple web address, these little annoyances are now a thing of the past. Akt.io makes a fresh start under a new name: Rayn.

This name change comes with a whole new vision for the company. Rayn draws its inspiration from three English words: “rain”, “rein” and “reign”. Just as rain favors the growth of nature, Rayn is committed to stimulating the growth of savings by protecting investments, acting like an umbrella during a downpour. With Rayn, users can now take back the reins of their money, like a rider who guides his horse with his reins. Finally, Rayn grants its clients the power to make informed decisions when it comes to their money, allowing them to rule their own financial destiny.

The company, which raised 27 million euros thanks to a successful ICO, wants to reassure its users by retaining all the features that have contributed to its success so far. Rayn will also continue to support savers in their quest to regain control of their savings through solutions linked to Blockchain technology and Decentralized Finance (DeFi).

What features does Rayn offer?

The offer of Rayn is inspired by the structure used by other FinTechs, which the founders believe is essential to gaining the trust of savers. Among the innovative features offered by the application, we find in particular:

• Flex bookleta savings feature with no fees and no deposit limit, allowing you to receive up to 6.5% annually;
• A free euro payment account with dedicated IBAN;
• A Visa debit card allowing you to pay in euros using the associated account or in cryptocurrencies.
• Access to more than 100 cryptocurrencies and offering many innovative tools;
• A crypto wallet diversified and automated which allows everyone to get started in crypto investment with peace of mind. In just a few clicks, you can distribute your budget in an automated and optimized way. ;
• Investment products offering long-term returns; A variety of educational content;
• And much more.

The name change of the Akt.io application to become Rayn is undoubtedly part of a process of innovation and strengthening of its brand image, as evidenced by thePSAN registration (Digital Asset Service Provider) of the group’s French subsidiary, Automata France, in July 2023, allowing it to operate in France. This rebranding embodies the deep commitment of Rayn to constantly evolve, and to offer modern financial solutions that adapt to the changing needs of its users.

Disclaimers:

Automata France SAS (RCS 902 498 617) is registered as a digital asset service provider (PSAN) with the Financial Markets Authority under number E2023-087. Attentioninvesting in digital assets carries risks of partial or total loss of the investment. Past performance is no guarantee of future performance, as the prices of digital assets are particularly volatile. Do not invest in digital assets if you do not have the financial and technical knowledge relating to such products.

Automata Pay Europe Limited, a company incorporated under Irish law registered under number 69028, and Automata ICO limited, a company incorporated under Irish law registered under number 690280, act as an outsourced service provider to Modulr Finance BV, Weteringschans 165 C, 1017 XD Amsterdam , Netherlands, electronic money institution approved by De Nederlandsche Bank under number R182870. Payment services and, in particular, the provision of payment accounts, are provided exclusively by Modulr Finance BV