I'm having some mixed feelings about this project. While they have a very good starting point (an already running app with 200k downloads) and the team definitely looks professional, the idea of creating a savings platform based on cryptocurrency does not sound like a great idea to me. This market is still very volatile. It's okay if your are investor but for people who just want to create a savings plan, and maybe earn a little interest, this won't work. There are some very interesting aspects, like simple UX and using AI for investments, so I'm not sure why they focus on the savings part.
I respect your view and deeply interested in telling some part of my story... I am barely 6 months here {cryptocurrency business) and in this short period I have accumulated well over 500 coins... All nice and solid projects with good products... Just last night I created my 5th saving wallet and wants to just transfer my tokens there for safekeeping...
If I have a savedroid app that promises to help store my assets securely why won't I go all in? Remember I said securely as security is a big big big issue here
What you are basically describing is simply a secure wallet that would be able to hold all your coins. There are plenty that you can find that do that. The way I see their business plan is that they offer a savings platform. Right now it works with fiat, and they want to expand it to cryptocurrency. I simply think that most of the crowd they aim at (people with no technical background who find it hard to get into the crypto market) won't be interested to keep a savings account on such a volatile market. This suits more to people who invest in the market and don't mind it's volatility.
About what you said about security. I would strongly advise you against holding all your coins in their app if you care about security. Even Savedroid themselves encourage their users to use secured wallets once they feel comfortable enough doing that. Their service is all about simplicity and user friendliness, and it means that it's less secure.
I will repeat what I said in my previous post. This project has some great aspects, and their large user base and exceptional team makes it very promising. I just think they should focus on the other aspects more than the savings platform. This is of course just my opinion, and I guess we will see who was right when the time comes.