Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
This app integrates banking and investing into a single account. Your money remains invested in stocks and bonds while being accessible for immediate spending via a debit card and other banking features. It offers set-and-forget investing with automated deposits and diversified portfolios.
What's New in Levo Financial
1.1.2
August 17, 2022
Bug fixes and user experience improvements
Developer apps
FAQ
What is Levo Financial?
Levo Financial offers a Spendable Investment Account that seamlessly integrates banking and investing. Your money stays invested in stocks and bonds but can be accessed immediately with a debit card and other banking features.
How does Levo Financial keep my money invested?
Deposits are automatically invested in a diversified portfolio of low-cost stock and bond ETFs. Your money remains invested right up until the moment you spend it, ensuring you don't miss out on potential returns.
Can I access my invested money easily with Levo Financial?
Yes, Levo Financial allows you to access your invested money just like a traditional bank account. You can spend directly from your investment portfolio using your Levo debit card without needing to convert to cash first.
What are the fees associated with Levo Financial?
Levo Financial charges an investment advisory fee of 0.75% annually, calculated as a percentage of your account balance. They do not charge commissions, subscription fees, or overdraft fees.
Is Levo Financial a bank?
No, Levo Financial is not a bank. Investments are not FDIC-insured and may lose value. Banking services, including bank accounts and debit card usage, are provided by Synapse's Bank partners, Members FDIC.
What are the requirements to open a Levo Financial account?
Users must be 18 years of age or older, reside in the U.S. with a valid U.S. address, and have a valid SSN. All accounts are subject to approval.
How often is Levo Financial updated?
The latest version of Levo Financial is 1.1.2, and it was last updated on August 17, 2022. This indicates a release and update cycle that users can expect.
What devices support Levo Financial?
Levo Financial is available on iPhone, iPad, and iPod. The app is designed for Apple mobile devices.
