AUTOMATICALLY investing through an artificial intelligence (AI) feature is better value than using traditional financial advisers, according to Crowd2Fund.
The peer-to-peer lender said that financial advisers can be expensive as they often charge hefty wealth management fees.
By contrast, Crowd2Fund charges one per cent from each payment and offers a Smart-Invest feature.
This uses AI to automatically invest funds into live opportunities on its platform.
“Smart-Invest is aimed at retail investors looking to maximise their return on investment and their financial goals,” said Chris Hancock, chief executive and founder of Crowd2Fund.
“Our intelligent automated feature means that investors can get on with their day to day lives while the platform manages their portfolio and returns for them.”
Crowd2Fund says that following the introduction of Smart-Invest two years ago around 20 per cent of its investors have used the feature.The firm says Smart-Invest also offers similarly attractive returns to individual investing, currently sitting at an APR of 10.24 per cent.
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Smart-Invest also works in conjunction with the platform’s tax-free wrapper, the Crowd2Fund Innovative Finance ISA (IFISA).
“The combination of Smart-Invest and the IFISA continues to demonstrate our commitment in helping our investors grow their savings whilst supporting great British businesses,” said Hancock.