Rand.app is a digital financial platform that aims to help its members build long-term wealth. It operates in the fintech market, specifically in the savings and wealth management sector. The platform offers a high annual percentage yield (APY) of up to 6.00% on savings, which is significantly higher than the average rates offered by traditional banks. This means that the money deposited in a Rand account grows at a faster rate due to the high interest.

The company has a unique business model where it temporarily doubles new deposits virtually, allowing members to earn double the benefits on their savings until a specified date. This feature is designed to incentivize savings and attract new customers. Additionally, Rand offers a referral program where members can earn 20€ for each friend they bring to the platform.

Rand.app generates revenue through the interest spread, which is the difference between the interest it earns on loans and the interest it pays to its members. The company also benefits from the assets under management, as it can use these funds to generate income through investments.

The platform serves individuals who are looking for higher returns on their savings and are comfortable with using digital platforms for their financial needs. It also prioritizes security, with processes in place to safeguard user information and prevent unauthorized use. Rand is registered in the Bank of Spain, providing an additional layer of trust and security for its members.

Keywords: Fintech, Savings, High APY, Wealth Management, Digital Platform, Interest Spread, Referral Program, Assets Under Management, Security, Bank of Spain Registration.