Prosper

"In an ideal world Prosper may be able to do to Private markets what Vanguard did to Public markets by making it very low cost." We're going to try our absolute best Simon Bell! With angels like you behind us, we might just make it. Thank you for writing this article about us. Reputation is what other people say about you when you're not in the room. We are very grateful for your continued support and welcome any interested angels to DM us here and bring their expertise and energy to our growing community committed to transforming wealth management.

The Invisible Bill and the Interest Thieves Nick Perrett and Ricky Knox founded Prosper because they had had enough of watching their pensions being eaten away by costs and fees they didn’t ever get a bill for. The money was just gone. That’s why today we don’t charge a platform fee, we don’t charge for any transactions you make into your investment accounts and we are also refunding fund fees on 30 ETFs from some of the world’s largest asset managers. Download the app to browse the funds and take a look at over 90 cash savings accounts while you are there - also free to open and offering interest rates up to 5.5% AER (variable tracker). app.prosper.co.uk Nick Perrett and Ricky Knox have previously worked together building Tandem Bank. The company is backed by the founders of Monzo Bank, Capital One and Admiral Group Plc and other leaders in financial services. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more. Your capital is at risk. Visit our website at www.prosper.co.uk

From working with a number of women over the course of the Prosper project - yes that’s you Harriet Moll Micha Nicheva Christiana Kim Laura Mahy Liz Hamburger 🍔 Ruth Handcock Amy O'Brien Thalia Ignatova it’s become very clear to me that male run businesses in wealth management - that’s basically all the existing big investment platforms by the way - don’t do a very good job at speaking to female investors. I’ve seen this first hand, it doesn’t seem to matter what stage women are at in their investment journey - even before you consider the obvious inequalities that come with gender pay gaps or the knock on gender pension gap - women have had a poor deal from the industry. Despite having the obvious disadvantage of being yet another man running an investment platform - I really do want to change things! It’s going to be a long road, but I wanted to start early - hence announcing our partnership with Mumsnet. Through our partnership we were able to get early product feedback from 40 women across the age and investing knowledge spectrum to start to understand how to better meet their needs. We are less than 1% done, but it has been a valuable experience for us and I hope we go on to prove what we’ve learnt in building something that feels more inclusive and accessible to women across the UK.

Mumsnet testers have given us their verdict! Some of the wonderful mumsnet testers have been using our app for the last few weeks and this is what they have to say: 82% of Mumsnet testers were satisfied with the Prosper app 78% of Mumsnet testers feel more informed about fees 77% of Mumsnet testers would recommend Prosper to friends and family We are really grateful to the 40 testers who spent time using the app these last few weeks. Their feedback will help us improve faster and make sure that the app continues to grow into the most efficient, accessible and simple way to invest for our members. Some thoughts from the testers: “Very easy access to investments and clearly laid out to see the outcome and future prospects.” -mumsnet tester “The app was really easy to use, and the fees very clear.  I contacted customer services with a query, and they were very responsive and helpful which is reassuring too. ”    mumsnet tester Download the app to see for yourself here: app.prosper.co.uk Capital is at risk. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more.

We are so excited to start up our Prosper Live events for you after a short summer break! This one will be a cracker. All Prosper members are invited, so download the app and open an account if you haven't already! DM us if you've like to be on the list. Find the app: app.prosper.co.uk

💫 Milestone moment 💫 We are on MoneySavingExpert.com Martin Lewis and the team at MSE work very hard to bring their audience the absolute best of what's on offer and, quite rightly, they have extremely high standards. They carry out exacting due diligence before featuring any new businesses. So it really means a lot to us to be there so early in our journey. We are here to maximise your potential wealth with great rates on cash savings as well as zero fee investments and we want to bring it to as many people as we can, as quickly as we can. Seeing our name on the MSE website feels like a bit of a moment and we wanted to share it with you because all of our early followers have been such an important support in our growth to date. Thank you! Have a look at the MSE cash savings page here: https://lnkd.in/eHmRFR_U Capital is at risk. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more.

Are you one of the lucky few who still has some spending money in the bank after your summer holidays? Well if so, make sure you’re maximising your wealth by giving your hard earned cash the interest rates you deserve. Have a look through a range of accounts  on the Prosper app with interest rates up to 5.50% (variable tracker) from traditional and challenger banks including Sainsbury’s, Santander International and Zopa. We have over 90 fixed rate, easy access and notice accounts to choose from. app.prosper.co.uk Capital is at risk. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more.

How did UK investors save £80bn in fees over the last 12 years? By putting their money in index funds of course. “index funds have introduced significant competitive price pressure to the industry, benefiting all investors . . . There are plenty of skilled managers out there, but the benefits of their skill can be swallowed up by costs.” This is according to research by Vanguard, reported in the FT on 26/7/24 Low fees are key but we're offering ZERO FEES and refunding fees on 30 of the most popular ETFs.... Download the app to see the full fund list and get started. https://app.prosper.co.uk/ Capital is at risk. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more.

How to solve a problem like underinvested pensions? The UK has a pensions crisis. Around 13 million workers, or two-in-five working-age people, are not putting enough into their pensions to meet the minimum target for an adequate retirement, according to the Resolution Foundation. They measure an adequate retirement as at least two-thirds of a worker's pre-retirement income. Prosper is designed to make saving into investment accounts simple, transparent and low cost. Our mission is to take away the complexity from long term investing so you can focus instead on the life you want to live We promise to keep our fees at zero or as low cost as we possibly can, if you promise to keep prioritising your retirement. Tom Blomfield was an early investor with Prosper and that is why he has shared this quote with us. He is our unfair advantage in gaining brand awareness organically without spending money on marketing. Prosper founder and CEO Nick Perrett and Chairman Ricky Knox have previously worked together building Tandem Bank. The company is backed by the founders of Monzo, Capital One and Admiral and other leaders in financial services. Capital is at risk. Prosper is designed for long term savers who want to maximise the potential value of their wealth over the next decade or more. 

We're in good company! Thanks Seb Johnson for cheering on wealth tech and helping to spread the word about the new kids on the block. We appreciate you!