Dutch-banking giant ABN AMRO has said that it is preparing to shortly launch its digital wealth management platform Prospery in Germany.

The platform will offer customers wealth and investment management through a digital platform combined with a personal financial expert.

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The service will be offered at a unique fixed flat rate, the company said.

ABN Amro CEO Kees van Dijkhuizen: “In Germany we will shortly be launching Prospery, a digital wealth manager that offers clients wealth and investment management through a digital platform combined with a personal financial expert – all at a unique fixed flat rate.

“Prospery is the first digital player in Europe to deliver such a comprehensive digital wealth management proposition.”

Earlier this year, ABN Amro unveiled New10, an online lending startup offering business loans ranging between €20,000 and €1m.