Saxo Bank partners with Novobanco to offer Portuguese investors advanced digital trading and investment opportunities.
Saxo Bank partners with Novobanco to offer Portuguese investors advanced digital trading and investment opportunities.
Saxo Bank partners with Novobanco to offer the bank’s retail customers a cutting-edge digital trading platform. The collaboration aims to provide Novobanco’s clients with seamless access to Saxo’s multi-asset trading platform, which includes a wide range of financial instruments and advanced tools for a fully digital investment experience.
Furthermore, the partnership empowers Portuguese investors by offering them a broader array of investment opportunities, from stocks and bonds to forex, commodities, and more, all through a highly intuitive and state-of-the-art platform. Novobanco’s clients will now benefit from Saxo Bank’s global reach and expertise, enhancing their ability to diversify portfolios and explore new investment strategies.
The move comes as digital banking and investing continue to grow in popularity in Portugal, reflecting a broader shift towards online financial services. More Portuguese investors are seeking digital-first platforms that provide access to global markets and diverse trading instruments.
Moreover, with this collaboration, Novobanco aims to meet these evolving demands, offering its customers a more dynamic and flexible investment solution. Elisabete Pinto Pereira, Director of Investment and Protection at Novobanco, emphasized the importance of the partnership in democratizing access to wealth management tools. “As a customer-centric bank, we believe this collaboration will significantly enhance the investment experience, enabling a more accessible and digitalized approach to wealth management,” Pereira said.
Henrik Alsøe, Global Head of Saxo Institutional, expressed excitement about the expanded relationship. “Saxo is excited to work with Novobanco to deliver innovative solutions that allow Portuguese retail investors to take greater control of their financial future. We aim to offer unparalleled choice and flexibility in the investment space.”
Lastly, this partnership positions Novobanco further to strengthen its Portuguese banking sector leadership while providing investors with more tools to navigate the global financial markets.
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