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{{short description|Digital asset exchange company}}
{{Use mdy dates|date=November 2017}}
{{Infobox dot-com company
 | name             = savedroid AG
 | company_type     = [[Public company|Public]]
 | logo             = Savedroid.png
 | foundation       = {{start date and age|2015|09}}
 | location         = [[Frankfurt]], Germany
 | founder          = Yassin Hankir ([[Chief Executive Officer|CEO]])<ref name="savedroid Executive Officers">{{cite news|title=savedroid: About Us|url= https://www.savedroid.com/about-us/:US-coinbase-inc|publisher=savedroid AG|work=savedroid|accessdate=December 6, 2018}}</ref><br /> Tobias Zander ([[Chief Technology Officer|CTO]])<ref name="savedroid Executive Officers"/><br /> Joachim Brockmann ([[Chief Operating Officer|COO]])<ref name="savedroid Executive Officers"/>
 | key_people       = Yassin Hankir ([[Chief Executive Officer|CEO]])<ref name="savedroid Executive Officers"/><br /> Prof. Danko Nikolic ([[Chief Data Officer|CDO]] & Head of AI)<ref name="savedroid Executive Officers"/>
 | num_employees    = 30 (2019)<ref name=" savedroid Executive Officers"/>
 | url              = {{url|https://www.savedroid.com}}
 | products         = [[Bitcoin]], [[Bitcoin Cash]], [[Ethereum]], [[Litecoin]], [[fiat currency]]
 | screenshot       = 
 | caption          = 
}}

'''savedroid AG''', stylized as '''savedroid''' (all lowercase),  is a German-based [[Web Developer|developer]] specialized in [[blockchain]] and [[cryptocurrency]] solutions. They have a wide range of product offerings encompassing [[B2C]] and [[B2B]], with the highlight on 2 financial management apps, [[artificial intelligence|artificial intelligence (AI)]], cryptocurrency and traditional currency payment solutions. savedroid has offices in [[Mainz]] and [[Frankfurt]], where the bulk of its operations are based. The company currently employs over 30 people and operates worldwide.

== History ==
savedroid was founded in September 2015 by Yassin Hankir and Tobias Zander. Since then there has been a rebranding and savedroid has received the Best FinTech Startup of the Year 2017.<ref>{{cite web|url=https://ico.savedroid.com/|title=savedroid ICO |website=savedroid ICO|accessdate=December 6, 2019}}</ref> Their motto is to democratize the use of cryptocurrencies and they have been working with the aim to “bring personal piggy bank savings into the modern world”.<ref>{{Cite news|url=https://www.cutoday.info/Fresh-Today/App-That-Includes-Cryptocurrencies-Aims-to-Bring-Personal-Piggy-Bank-Savings-into-the-Real-World|title=App That Includes Cryptocurrencies Aims to ‘Bring Personal Piggy Bank Savings into the Real World’|last=|first=|date=August 8, 2019|work=CUtoday|access-date=December 6, 2019|language=en-US}}</ref><ref name="Savedroid (SVD) ICO Review – ICO Token News">{{Cite news|url=https://icotokennews.com/icos/savedroid/|title=Savedroid (SVD) ICO Review – ICO Token News|last=|first=|work=ICO Token News|access-date=December 6, 2019|language=en-US}}</ref> savedroid is one of the pioneers in the fintech space working to eliminate existing crypto adoption barriers while reshaping the experience of savings and cryptocurrencies, simplifying the process for the average consumer.<ref name="Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit">{{Cite news|url=https://www.eu-startups.com/2019/03/yassin-hankir-founder-and-ceo-of-savedroid-will-speak-at-our-eu-startups-summit-on-may-2-3-in-barcelona/|title=Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit on May 2-3 in Barcelona!|last=|first=|date=March 18, 2019|work=EU-Startups.com|access-date=December 6, 2019|language=en-US}}</ref><ref name="What savedroid crypto savings app does for you.">{{Cite news|url=https://www.publish0x.com/savedroid-cryptocurrency-savings-app/what-savedroid-crypto-savings-app-does-you-xqvvrl|title=What savedroid crypto savings app does for you.|last=|first=|work=Publish0x|access-date=December 6, 2019|language=en-US}}</ref><ref name="Yassin Hankir on savedroid's ICO and the future of cryptocurrencies">{{Cite news|url=https://open.spotify.com/episode/49jvK5iIrlLRVwlIJifxgn|title=Yassin Hankir on savedroid's ICO and the future of cryptocurrencies|last=|first=|work=Spotify|access-date=December 6, 2019|language=en-US}}</ref>

== Products ==
savedroid has several main products: a traditional currency savings app available only in Germany and a cryptocurrency savings app available globally. savedroid uses [[Bitcoin]], [[Litecoin]], [[Bitcoin Cash]], [[Ether (value token)|Ethereum]], and [[fiat currency]]. In addition, they market their AI and cryptocurrency payment solutions to other companies with an interest in the crypto space. <ref name="Yassin Hankir, founder and CEO of savedroid, will speak at our EU-Startups Summit"/><ref name="What savedroid crypto savings app does for you."/><ref name="Yassin Hankir on savedroid's ICO and the future of cryptocurrencies"/><ref name="Savedroid (SVD) ICO Review – ICO Token News"/>

== Criticism ==
In April 2018, savedroid pulled a controversial PR stunt as they appeared to perform an exit scam following their ICO.<ref>{{Cite news|url=https://thenextweb.com/hardfork/2018/04/19/savedroid-ico-not-gone/|title=Savedroid ICO’s exit scam was actually a very dumb PR stunt|last=Varshney|first=Neer|date=April 19, 2018|work=The Next Web|access-date=December 6, 2019|language=en-US}}</ref> It began when the company replaced their website with an infamous “Aannnd It’s Gone” South Park meme, followed by the CEO Yassin Hankir posting on his personal Twitter “Thanks guys” “Over and out”, and finally by removing all admins from their Telegram channels.<ref>{{Cite news|url=https://www.praetoriangroup.io/german-ico-savedroid-fakes-exit-scam/|title=German ICO “Savedroid” Fakes Exit Scam in Alleged PR Stunt|last=|first=|date=April 20, 2018|work=The Praetorian Group|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://cryptonews.com/news/savedroid-s-exit-scam-was-a-pr-stunt-1615.htm|title=Savedroid’s Exit Scam Was a PR Stunt|last=|first=|date=April 19, 2018|work=Cryptonews|access-date=December 6, 2019|language=en-US}}</ref><ref name="NewsBTC">{{Cite news|url=https://www.newsbtc.com/2018/04/20/savedroid-fakes-50-million-ico-exit-scam-community-outraged/|title=Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged|last=|first=|work=NewsBTC|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://www.gruenderszene.de/business/exit-scam-savedroid-hack?interstitial|title=Hack, ICO-Betrug, PR-Stunt: Was ist bei Savedroid los?|last=|first=|date=April 18, 2018|work=Gründerszene|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://paymentandbanking.com/warum-der-pr-stunt-um-den-savedroid-ico-nicht-das-problem-ist/|title=Warum der PR Stunt um den Savedroid ICO nicht das Problem ist|last=|first=|date=April 25, 2018|work=Payment and Banking|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://www.ccn.com/over-and-out-savedroid-ico-makes-apparent-exit-scam/|title=‘Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam|last=|first=|date=April 18, 2018|work=CCN|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://techcrunch.com/2018/04/18/another-day-another-50-million-ico-exit-scam/|title=Another day, another $50 million ICO exit scam|last=|first=|date=April 18, 2018|work=TechCrunch|access-date=December 6, 2019|language=en-US}}</ref> The community and the investors were in a panic and angry when they thought their money was gone, and even though savedroid wanted to raise awareness regarding ICOs, this could have ended up a lot worse than it did considering the amount of money some people thought they had lost.<ref>{{Cite news|url=https://www.computerbild.de/artikel/cb-News-Internet-Savedroid-Exit-Scam-PR-Stunt-21541923.html|title=Savedroid: Machte sich der Gründer mit Millionen davon?|last=|first=|date=April 19, 2018|work=Computer Bild|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://adage.com/article/digital/a-cryptocurrency-startup-s-joik-throws-investors-a-panic/313207|title='And it's gone': A Cryptocurrency Startup's Joke Throws Investors Into A Panic|last=|first=|date=April 19, 2018|work=AdAge|access-date=December 6, 2019|language=en-US}}</ref><ref>{{Cite news|url=https://medium.com/swlh/savedroid-a-blockchain-pr-stunt-gone-wrong-cd7fafa31931|title=Savedroid — a Blockchain PR stunt gone wrong|last=Grasmann|first=Stefan|date=April 19, 2018|work=Medium: The Startup|access-date=December 6, 2019|language=en-US}}</ref> It didn’t take long until the stunt picked up and became viral. 

“Very bad idea for a fintech to make fun of investors. All trust gone, can never trust again,” wrote @CryptoCharge in reaction to a video savedroid founder Yassin Hankir posted Thursday, saying, "We are still here, not gone and, actually, never gone."<ref>{{Cite news|url=https://www.youtube.com/watch?v=o5_bwFf_byo|title=And it's NOT gone|last=|first=|date=April 19, 2018|work=YouTube|access-date=December 6, 2019|language=en-US}}</ref> It didn’t take long until the stunt picked up and became viral.

== See also ==
* [[List of bitcoin companies]]

== References ==
{{Reflist}}

== External links ==
* {{Official site|https://www.savedroid.com}}

{{Bitcoin|state=expanded}}

{{Cryptocurrencies}}

[[Category:Bitcoin exchanges]]
[[Category:Y Combinator companies]]
[[Category:Companies based in San Francisco]]
[[Category:Cryptocurrencies]]
[[Category:2011 establishments in California]]
[[Category:Bitcoin companies]]
[[Category:Digital currency exchanges]]