Neon integrates investment product from Leonteq

Zurich – Leonteq and neon are entering into a collaboration. neon will offer customers of its mobile banking app a financial product on the FuW Swiss 50 Index NTR recently launched by Leonteq. Small monthly amounts can be invested here.

The two Zurich-based fintech companies Leonteq and neon are joining forces. Customers of the neon mobile banking app will in future be able to invest in a structured financial product (ETP) on the FuW Swiss 50 Index NTR from Leonteq, Leonteq announced in a press release. Small amounts can be invested each month.

"Our common goal with neon is to simplify the investment process for private investors," said Alessandro Ricci, Head Investment Solutions at Leonteq, in the press release. "Together with the fast-growing fintech, we offer easy and affordable access to a straightforward investment solution that provides increased investor security through the ETP+ wrapper."

The Swiss 50 Index NTR, developed by the editors of "Finanz und Wirtschaft(FuW)", tracks the 50 largest tradable Swiss companies and is listed on the BX Swiss. "In contrast to traditional indices, the FuW Swiss 50 Index comprises 13 different sectors and has no significant cluster risks for individual index constituents," explains FuW editor-in-chief Jan Schwalbe in the press release. For neon, Leonteq's ETP represents an expansion of its own offering to include a product with a focus on Switzerland. ce/hs

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