Linus Secures $1,000,000 In Deposits

Linus is now managing over $1 million in deposits! Thank you to our early adopters for helping us reach this goal. We’re excited to celebrate this achievement as we look toward the future.

Road to $1 million

On Tuesday, we surpassed the $1 million assets-under-management mark, exceeding our Q3 2020 target. This is the first major milestone since we launched the Linus Early Access Program (LEAP) in January. Along the way, our team has introduced multiple deposit methods, including the ability to set up a recurring deposit, tiered rates, and even built a tool to help new savers convert from APR to APY.

Investing has always been confusing, but Linus is the first product that reduces the complexity without sacrificing return. Since launch, we have carefully crafted our message to better communicate the opportunity and associated risks. By actively listening to our clients, we have been able to articulate our value to better support the everyday investor. Our performance to date validates the demand for what we have built, but continues to represent a further opportunity for improvement.

$1 million → $1 billion

As we look forward to the coming months and into 2021, we plan to improve the scalability of our architecture, establish Linus as a trusted brand for generating return, and continue to offer the best risk-adjusted return to our customers.

If you haven’t already, get started today by using my referral code and receive a $20 bonus on your first deposit of $100 or more. If you are already a Linus user, please share your referral code and help us reach $1 billion!

For more information visit www.getlinus.io.