Press Release

Saxo and novobanco partner to launch the Trading Pro service

Lisbon / Copenhagen, 22 November 2024 - Saxo, a global leader in multi-asset trading and investment has partnered with novobanco, a major Portuguese full-service bank, to provide novobanco clients with access to Saxo’s advanced trading platform, delivering a fully digital investment experience.

This partnership will leverage novobanco's services and further solidifies its leadership position by empowering private investors to explore a significantly expanded investment universe through a globally renowned reference like Saxo Bank.

Digitalisation has brought a shift of mindsets in Portugal which has transformed the way people do their banking. An increasing number of Portuguese investors are embracing a fully digital investing experience and seeking a more diverse array of instrument opportunities. By integrating Saxo Bank’s multi-asset award-winning platform, novobanco is levelling the playing field, empowering a broad spectrum of investors and traders to access extensive investment opportunities with state-of-the-art trading and analytical tools. 

This new partnership marks a significant step in strengthening the relationship between novobanco and Saxo Bank.

Elisabete Pinto Pereira, Director of Investment and Protection, novobanco, said: 
“As a bank fully focused on the customer and their needs, we believe that this partnership is an enabler of the Wealth Management journey we have embarked upon by allowing both a democratization and a digitalization of the investment experience.”

Henrik Alsøe, Global Head of Saxo Institutional, said: 
“As a leading digital trading and investment services provider, Saxo is thrilled to expand the relationship with the novobanco Group and contribute to their drive towards improved customer centricity. We believe our respective expertise can drive mutual innovations as we help naturally curious people get invested in the global financial markets. The novobanco – Saxo combination offers Portuguese retail investors unparalleled choice in a time when more and more people want to take control of their own investments.”  

For more information, please visit: www.institutional.saxo.

novobanco is a universal commercial bank operating in the Portuguese market and offering a large range of financial products for both retail and corporate clients. With 1.6 million clients and 44 billion euros of assets, novobanco is one of the biggest banks in Portugal. The bank is committed to serve its customers with transparency, simplicity, and safety, and to excel in providing an omnichannel experience to every client.

At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest. 

Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 150 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,300 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.

For more information, please visit: www.home.saxo 

Please reach out to press@saxobank.com

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