Crowd2Fund launches new automated investment feature – Smart-Invest
One of the UK’s leading peer-to-peer investment platforms, Crowd2Fund has launched a new IA feature which will allow investors to automate their crowd lending activities through artificial intelligence.
Smart-Invest will make it possible for investors, who have set up an Innovative Investment ISA, to use an automated service to allocate their portfolio holdings across the platform to different businesses tailored to their own risk appetite and savings plan. The new feature is set to save investors time and make it easier to ensure maximum returns to savings.
In regards to client safety, Crowd2Fund has put measures in place to ensure “all businesses eligible for Smart-Invest have been hand-picked and reviewed against our strict criteria.”
The company assured that undertaken research and consultation with leading academics as well as industry leaders into the use of artificial intelligence will secure investors to enjoy the greatest benefits from the new feature.
In a statement, Chris Hancock, CEO and founder of Crowd2Fund said:
“This is the start of a very exciting journey into AI with more technology led developments for Crowd2Fund in the coming months. Smart- Invest is aimed at retail investors looking to maximise their return on investment and their financial goals. Our intelligent automated feature means that investors can get on with their day-to-day lives whilst the platform manages their portfolio and returns for them. The combination of Smart-Invest and the IF ISA government scheme continues to demonstrate our commitment in helping our investors grow their savings whilst supporting great British businesses.”
The company launched its’ crowdfunding platform in the September 2014 and has grown to become one of the UK’s leading crowdfunding services. It connects lenders and debtors over rewards, equity, lending and donations.
Since the platforms launch Crowd2Fund has backed 15 UK based businesses across different sectors and funded over £2m in deals since the start of 2015.