MarketsFlow accessible portfolio metrics in the first 3 weeks!

Hello all,

Here are some impressive metrics with our accessible portfolio product- invest from £10 product so far:

Please note that this is with a soft launch to a very targeted audience.

Deposits received within the first 3 weeks: £225K

Average Deposit amount: £1339.07

Two time deposits by a customer: 11.40%

Three times deposit by a customer: 2.07%

Four times deposit by our customer:2.59%

Account opening rewards paid so far: £2052.74

Performance of Portfolios:

High growth Portfolio Performance in the first 3 weeks of launch: 1.01%

Growth Portfolio Performance in the first 3 weeks of launch: 0.78%

ISA High growth Portfolio Performance in the first 3 weeks of launch: 0.52%

ISA Growth Portfolio Performance in the first 3 weeks of launch: 0.51%

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@tom_mf, quick question - how long will you be paying out account opening rewards for, or will this be an ongoing thing? Is the plan for referrals to replace the cashback rewards?

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@JamesWhitt we will be discussing the fate and length of account opening rewards for new users next week and decide on that.

@Marie is working on the referral program which we hope to announce in a week or two’s time as we roll out our second tier soft launch.

The referrals will have an element of cashback in it.

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How do you handle referrals done before the formal announcement of the referral program? As I already have 2 current registered and funded users.