iuvoSAVE

IuvoSAVE is a simplified alternative for purchasing of receivables with predictable annual return for your funds and a clear duration. It saves time and it also offers flexibility with the option to exit early before the end date.

Fill out the registration form and select that you will purchase receivables with iuvoSAVE right after your first login into the account.

Due diligence of the identity of all users is necessary to use the portal because iuvo strictly follows the AML/CFT regulations of the EU. Information on what documents to verify with, you can find in FAQ -> Verification.

You can add funds to your virtual account on iuvo in the following ways:
– bank transfer from your bank account with a payment order in a bank branch or directly with your online banking;
– internal transfer between two PaySera accounts – from yours to ours;
– bank transfer to one of our bank accounts with a trusted e-money company.
All bank details can be found in your iuvo account in the “Add Funds” page.

Open the iuvoSAVE page or the iuvoSAVE app, choose one or more of the iuvoSAVE options, enter the preferred amount to purchase receivables with, and press confirm.

The funds are used to purchase loan receivables, which are issued by non-bank financial institutions. All partners have gone through a financial and legal due diligence. After that, iuvo continues to monitor their activity in real-time to increase the stability levels for your funds.

You receive payments after the due date of your activated iuvoSAVE. You can track your accumulated return daily, and the remaining days until the end date as well.

Open the iuvoSAVE webpage or the app and go to the one you have purchased receivables with. Below it, you will find the “Product renewal” button. Click it and choose to use only your initial amount or your amount with the received return. Confirm it. When the first period ends, another one will immediately start.

Add new funds to your user account and/or use your available funds on the portal, then press the “Purchase more” button in the “My Receivables” page. You can add the amount you want while keeping the same end date. The new balance starts working for you from the date of the increase.

The minimum amount you can use per iuvoSAVE is 100 EUR. The maximum amount you can purchase receivable with the 3-month iuvoSAVE is 50 000 EUR, for the 6-month and 12-month versions – 1 000 000 EUR.

After the due date of your iuvoSAVE, your money automatically becomes available in your account, unless you have selected the renewal option. If you want to exit before the due date, it is needed to select “Early exit”*. After the money is available, you can choose whether to purchase receivables with iuvo again or send it to your bank account.
*Users can exit early with an amount of up to 10 000 EUR per month from each version of iuvoSAVE.

The registration, purchasing of receivables, and using your account are free of charge. The only fee that you can be charged with is when you exit early with all or part of your funds before the end date. The fee is 1% of the amount you exited early with. It is taken out of the remaining funds in order to receive the exact requested amount. You keep the return you have accumulated up to that point and the end date does not change. After a partial early exit, the return keeps accumulating on the new balance since the date of its decrease. If there are not any remaining funds in iuvoSAVE after your early exit, the fee is taken out of the total amount.

Yes, you can purchase receivables with iuvoSAVE and iuvoP2P simultaneously.