Online peer to peer lending platform Monexo has introduced the “auto-invest” feature on its platform. Through this feature, the lenders on Monexo’s platform can automate their entire lending process by setting up their auto-invest rules in 2 simple steps. Lenders select the maximum funding per borrower and desired portfolio allocation across M1 to M8 rating based on their desired risk-return criteria
More than 90% of Monexo’s customers have expressed their interest in using the “auto-invest” feature and hence it has been made available to the customer much earlier than Monexo had actually planned said the company in a statement to the press.
The customer can change the rules set by him as per the risk-return ratio he is comfortable with and Monexo’s platform would immediately bring the new rules into effect.