October 2024 Product Update
October has been filled with firsts for us: the deployment of investment services for the first clients of our private management service, Finary One, the launch of my first book and the addition of new coins on Finary Invest.
We’re also continuing to make strides with our life insurance Finary Life—join the waiting list to get access once we’re ready. Finally, we invest heavily in improving the product and correcting imperfections.
Let's dive into October's update!
🚀 Bitcoin Takes Off
We can’t ignore the incredible surge of Bitcoin (and the entire crypto market) in recent weeks. I've received hundreds of questions from you on the subject. Most of you are eager to understand one essential aspect, which I’ve covered in a dedicated video (in french): taxes.
Many of you are also asking how to come out ahead in this bull run. I’ve created a video on that topic as well. Click here to see my 4 tips.
🪙 4 new coins on Invest
Many of you asked us to expand the selection of cryptocurrencies available on Finary Invest*. It’s now done! We’ve added 4 highly requested coins.
- DOGE
- GALA
- PEPE
- SHIBA
Until now, we hadn’t offered "meme coins" on Finary, but given their rapid growth and your strong demand, it made sense to add them*.
This brings the total number of available cryptocurrencies to 29. You can start investing in just a few minutes via our app or website. We'll keep on adding new coins over the coming months. And last but not least, don't forget to always do your research before investing!
⚖️ A Balanced Budget
The 2025 budget may be the hot topic in the French National Assembly, but here at Finary, we’re committed to equipping you with even more tools to keep your budget in surplus. These improvements are here to help you increase your savings rate and grow your wealth.
To do this, we’ve introduced two key community-requested updates:
- Revamped Budget Section: The budgeting section got a facelift, making it cleaner and easier to read. Key actions are now accessible at a glance, making budget management a breeze.
- Smart Rule Management: Your budget should reflect your personal style. With smart rules, you can re-categorize your transactions as you wish. You can now manage these rules directly from the “budget” section of your account!
These updates are live on the web and will be available on the mobile app very soon (version 2.56).
📖 A Bestseller is Born
As shared in our September edition, my first book, "Investir pour être libre" is now available in bookstores across France, online and abroad. This guide on money management is designed to be valuable for both new and seasoned investors alike.
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Ranked #1 on Amazon’s book sales, it has already surpassed 10,000 copies sold. Your enthusiasm exceeded our expectations, leading to stock shortages everywhere. We’ve since arranged for additional print runs—we’re now on the 4th!
With the holidays coming up, it also makes a thoughtful gift for anyone who’d benefit from learning about wealth management!
➕ Additional Updates
- Holding Mode (App & Web): Track indirect ownership of assets. If you hold 100% of a holding company that owns 50% of a property, you can now reflect that asset in your personal portfolio.
- Fee Scanner (App & Web): We’ve improved the information displayed in our fee scanner for life insurance contracts. Lowering fees means a direct boost to your performance.
- Transaction History (App): The list of your purchases, sales, and swaps is now visible in the “Invest” tab’s transaction history.
- Referral (App): You can now easily access your referral link in the app, making it simpler to share. Each successful referral earns you a free month of Finary Plus.
Help us shape Finary by voting on the features you’re most excited about in our community. You can also track our team’s progress on our public roadmap!
💎 Finary One's Development Continues
Our private management service is growing fast. Initial client investments are underway, and we’re actively recruiting to expand our team. Our clients particularly value access to exclusive products such as Private Equity or Luxembourg life insurance, as well as the objectivity and impartiality of our guidance.
Interested in working with a Finary One private manager? Contact us with the link below (from €250,000 invested*).
☝️ Join the adventure!
The Finary team keeps growing! We are currently hiring for multiple positions, including:
Feel free to apply or forward the job descriptions to your friends!
Finally, don't forget to unlock the full power of Finary with Finary Plus.
No more time lost every week on spreadsheets. No more complex calculations and headaches to understand the hidden fees behind your investments. Get everything Finary has to offer for a flat fee.
Thanks for reading this newsletter. Follow me on X and Instagram for exclusive content & a sneak peek of upcoming features.
*Investing involves risks, including capital loss and volatility. Past performance is not indicative of future results. Learn more.
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