Vantik

Vantik is a Berlin-based "pensiontech" startup that offers a flexible and fully digital private pension plan aimed at millennials and young professionals. The company's flagship product, the Vantikcard, is a white-label Mastercard debit card that invests 1% of the value of all purchases into the Vantik X fund – a fund comprising environmental, social, and governance (ESG) exchange-traded funds (ETFs). Launched in December 2018 by Til Klein, the Vantik X fund had around EUR 5.4 million in assets under management as of April 2022, with a net asset value of EUR 6.29.

Vantik's approach is designed to simplify retirement planning by enabling users to start saving small amounts toward their pension with every purchase made using the Vantikcard. Unlike traditional pension products, Vantik's offering is entirely digital and adjustable, allowing customers to change their savings rate at any time and access their funds whenever needed. The company utilizes capital markets to offer potentially higher returns while keeping costs low compared to life insurance. Additionally, Vantik employs a peer-based security buffer to hedge against the risk of potential losses at retirement.

In April 2021, Vantik issued its first private-label Mastercard debit card, and by February 2022, the company had discontinued its partnership with Uplink, a platform for freelancers. As of May 2022, Vantik had filed for insolvency and was in liquidation as of August 2022.