Moneyfarm is an online automated investment platform that allows individuals to invest and manage their money in a secure, low-cost way. Moneyfarm makes it easy for users to set up a portfolio of investments tailored to their individual needs and goals. Moneyfarm’s services are free of charge and offer access to both traditional assets such as stocks, bonds, mutual funds, ETFs and cryptocurrencies.
The platform was founded in Italy in 2011 by Giovanni Daprà and Paolo Galvani with the aim of making investing simple, affordable and accessible for everyone. It has since grown into one of Europe’s leading fintech companies with over 1 million customers across four different countries (Italy, Germany, France & UK). The company has also recently launched operations in the United States as well as Japan.
Moneyfarm offers personalized portfolios created through its proprietary algorithm which takes into account each user’s risk tolerance level along with other factors like age group or income bracket before recommending suitable investment options. Users can choose from three pre-built plans – Conservative, Balanced or Growth – but there is also the option to customize your own plan if you prefer more control over your investments. Additionally all portfolios come with automatic rebalancing so that they remain aligned with their original objectives even when market conditions change.
In addition to its core portfolio management service Moneyfarm provides useful educational resources on topics related to personal finance including budgeting tips; how taxes work; understanding various types of investments etc., making it easier for beginner investors who may not have much experience investing yet still want get started right away without feeling overwhelmed by complex financial jargon or unfamiliar concepts.
Lastly Moneyfarm also provides access cryptocurrency trading allowing users buy/sell popular cryptoassets such as Bitcoin (BTC), Ethereum (ETH) , Litecoin (LTC) etc., directly from within their accounts giving them complete control over their digital asset portfolio too!
