Which P2P platforms have auto-invest? Should you turn on the Auto-invest function for P2P to get in on all the deals? - Seedly
 

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Asked by Anonymous

Asked on 24 Jun 2019

Which P2P platforms have auto-invest? Should you turn on the Auto-invest function for P2P to get in on all the deals?

What should a newbie in P2P look out for when it comes to P2P?

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Fan ZD
Fan ZD, Employee at A Bank
Level 4. Prodigy
Updated on 12 Jul 2019

As far as I know both Funding Societies and Moolahsense have them. Turning them on gives you priority over those who subscribe/invest manually.

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Samuel Yip

12 Jul 2019

Yes. It would be advantageous to turn on auto invest for funding societies. It allows you to be allotted a sum of investment before the loans are open to the public. During this pre-launch period, you can choose to opt-out from the deals if you do not want to take the risk. Overall, it is good to always turn on the auto invest feature
Alex Chua Cheng En
Alex Chua Cheng En, Pcme at Anderson Junior College
Level 5. Genius
Answered on 19 Jul 2019

You can go ahead and check their website. It is easy to find.

I know funding societies, moolah sense and minterest have them.

There are definite advantages for autoinvest. It gives you priorities on the loans you desired or preferred. It helps you secured your loans

You also do not have to waste time waiting for loans.

You can always opt out when u dislike the loans and put more if you prefer the risk-reward of the loans.

Thus, I would say it will be convenient to have this auto invest function set up

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