Madrid, Spain, August 26, 2025, Chainwire – Three former Revolut executives have launched Neverless, an app where you can do crypto trading without commissions and invest in an automated investment account that promises to revolutionize with its returns.
His team managed to raise USD 6.7 million in one of the largest pre-seed funding rounds in Europe. A few months ago, the company registered with the Central Bank of Spain as a VASP (Virtual Asset Service Provider).
Rita Riera, Director of Neverless Spain, said:
"We go to all the platforms that abuse their users with commissions"
Neverless allows you to buy and sell cryptos with 0 deposit fees and 0 trading fees.
The app is very easy to use and allows you to deposit funds in Euros, something that other platforms stopped offering recently. In addition, some cryptos in the app, such as Bitcoin, automatically generate interest, added to the user's account on a daily basis.
'Strategies', an automated investment account
Neverless offers a market-neutral trading account, which allows users to invest automatically and stably. Although past performance does not guarantee future results, Strategies has an excellent track record, with an average annualized return of 14.01% over the last 90 days and an average of 12.08% over the last 12 months. In the world of cryptocurrencies, price fluctuations can be extreme, but Strategies seeks to provide stability without relying on market volatility.
"Other platforms have similar products, but none with the potential return and flexibility in terms of permanence and deposits as our 'Strategies' investment account"
Rita Riera, Director of Neverless Spain
Neverless offers the same potential return to all its users, with no minimum deposits or permanence. And without having to pay for a premium account with higher returns.
It's definitely something that hasn't been seen so far, as other platforms with similar products have different subscription ranges and the annual return changes depending on the user's rank.
The Technology Behind Strategies
Neverless uses automated strategies that are market-neutral. Although this technology is not new and is already used by large private investment funds, Neverless has made it accessible to the general public, with no minimum investment.
Instead of predicting future prices, their strategies scan the market in real-time to take advantage of inefficiencies, such as small variations in the price of a cryptocurrency on different exchanges. Neverless' algorithm detects these differences and can act immediately: it buys the crypto on the cheapest exchange and sells it on the most expensive one, being able to profit from the difference. This process is repeated millions of times per second, achieving stable returns without being exposed to the direction of the market, since these transactions are based on real prices and not predictions.
Putting Neverless to the Test
To check if the trading functionality on Neverless charges zero fees, you just need to make the same transaction on another exchange at the same time.
In this case, the example below shows buying $10,000 worth of Bitcoin on a well-known platform at the same time as on Neverless. The result: 1.49% less Bitcoin on the other platform.
From Revolut to Neverless
After being part of the team that made Revolut what it is today, the founders of Neverless identified problems in both the current financial system and the crypto world. The lack of transparency and large fees are an unfortunate reality in this sector, a reality that they decided to change.
"Neverless was created for personal reasons: it was impossible to find any app that was transparent enough, easy to use, and, above all, that did not give the impression of being scammed with commissions. Since it did not exist, the opportunity presented itself," explains Rita.
A large part of its team of programmers also comes from Revolut, and they are responsible for developing the algorithm of Strategies, a product for which Neverless has the only patent.
Growth and future plans
Despite the fact that the app has only been available for a few months, Neverless already has thousands of users and a transaction volume of more than USD 100 million. Now, it wants to make Spain one of its main markets. Its registration with the Bank of Spain as a VASP is definitely a sign that Neverless is betting big on the domestic market and seems to want to stay. Signup Here
Contact
Director of Neverless Spain
Rita Riera
Neverless
rita@neverless.com
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