> For the complete documentation index, see [llms.txt](https://unflat.gitbook.io/unflat-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://unflat.gitbook.io/unflat-docs/readme.md).

# Welcome to unflat

unflat is a savings app for the EU. Your savings earn every second.

We started unflat because the markets that pay interest on savings still depend on what you know: wallets, stablecoins, protocols. unflat puts them in one savings app for the whole EU, and you don't need to know about crypto.

## Open lending markets, in one app

Add money by card or bank transfer through MoonPay or Coinbase, or send USDC on Base. Money you move to Savings is lent through Morpho vaults run by third-party curators, today Steakhouse Financial and Gauntlet. Borrowers pledge collateral worth more than the loan, and the interest they pay is your yield.

The lending market sets the rate, not unflat: about 5% a year so far in 2026, variable. That is the average APY of Savings (USDC) without cover, from January to September 2026; past rates do not predict future ones.

Born from B4i (Bocconi for Innovation), now building with TEF (Tech Europe Foundation), unflat S.r.l. is based in Milan, Italy.

| Topic          | In short                                                     |
| -------------- | ------------------------------------------------------------ |
| unflat fees    | None, and 0 subscriptions                                    |
| Lock-up        | None: withdraw whenever you want                             |
| Custody        | Non-custodial: your money stays in a wallet only you control |
| Optional cover | OpenCover · Nexus Mutual, off by default                     |

{% hint style="info" %}
**Held in USDC.** Savings are held in USDC, a dollar stablecoin, so their value in euros moves with the exchange rate.
{% endhint %}

unflat is a technology platform and is not a bank or a financial intermediary. Funds deposited through unflat are not covered by deposit guarantee schemes (FITD or equivalent) and are subject to risk, including loss of principal. Never deposit money you cannot afford to lose.

## Download

Get the app on the [App Store](https://apps.apple.com/app/id6780499498) or [Google Play](https://play.google.com/store/apps/details?id=finance.unflat.app), available in the whole EU. Website: [unflat.finance](https://unflat.finance).

## Next

In the Basics section, we walk you through how unflat works, how the rate is set, where your money sits and the risks to know.