⚑ Launching Summer 24
Manifesto
Meet Penny
Super simple investing—in your DMs
Everyone should be investing, but it's hard.
Penny invests your spare cash for you, just like a professional wealth manager would, except Penny is smarter, faster, and more secure… and he's free.
Fully automatic investing
Investing apps suck — they're hard work and stressful. The easiest way to invest is to get someone else to do it. Penny is an investing genius, powered by AI, regulated by the FCA, and available for you, 24/7.
Personal. Focused on you.
If you were rich, you'd have someone investing your money and telling you how special you are. AI means Penny can do that for you at no cost, and chat with you about your cash anytime of the day. You're the client… Boss.
Featured in
When you CBA to make money.
Most of the time, your cash isn't growing because you can't be a**ed with the admin. Investing is… effort; downloading apps, opening accounts, transfers back and forth, funds... we get it. Penny does it all for you.
Penny won't f*** it up.
You could DIY, but amateur investors grow their cash 2.1% pa¹, while Penny's default fund averages 7.2%². Penny suggests a suitable fund from 3 simple options and—whether you've got £5 or £5k—gets it invested.
Penny is weird, kinda like a person who just sorts my money out. I'm making money and I have done absolutely nothing for it. Being able to ask questions whenever is helpful too.
Some other good sh*t
We're on a mission to get everyone in the UK benefitting from investing. We've re-imagined investing, and gon' built it.
No platform fee
0.0%
Meanwhile; Moneybox 0.45%, Monzo 0.45%, Wealthify 0.60%, Nutmeg 0.45%
FSCS protected
£85,000 of cover
All accounts managed by Penny are covered by the Financial Services Compensation Scheme.
Rapid setup
20 seconds
Add Penny to WhatsApp and get started in record time.
Authorised & Regulated
FCA
Penny is a regulated financial services business, based in the UK.
