Peaks is a mobile application that offers automated investment services through pre-constructed ETF portfolios, allowing users to invest without prior financial knowledge. The platform addresses the challenge of time constraints by enabling users to set up automated deposits, making investing accessible and manageable for everyone.
Funding
$5.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals lack the time, knowledge, or confidence to actively manage their investments, leading to missed opportunities for wealth growth. Traditional investment options often require significant financial expertise and ongoing monitoring, creating a barrier to entry for novice investors.
Solution
Peaks is a mobile investment platform that simplifies investing by offering pre-built, diversified ETF portfolios tailored to different risk profiles. The platform automates the investment process, allowing users to set up recurring deposits and invest without requiring extensive financial knowledge. Peaks provides various account types, including investment, interest, pension, and children's accounts, catering to diverse financial goals. By focusing on sustainable ETFs, Peaks enables users to align their investments with their values. The platform also offers an investment estimator to project potential returns and costs, promoting transparency and informed decision-making.
Target Audience
Peaks primarily targets individuals with limited investment experience who seek a simple, automated way to invest in diversified ETF portfolios, as well as business owners looking for investment opportunities.
Features
- Pre-constructed ETF portfolios with varying risk levels (Cautious, Balanced, Ambitious, Adventurous)
- Automated deposit functionality (daily, monthly, or based on spend)
- Sustainable investing options with exclusively sustainable ETFs
- Investment estimator tool to project potential returns and costs
- Multiple account types: Investment, Interest, Pension, and Children's accounts
- Option to customize portfolios and choose individual index funds
- Mobile app for convenient investment management