uk fintech apps

The 5 Best FinTech Apps for U.K. Investors

Young or old, people are waking up to the fact that relying on a savings account to grow their money is no longer a viable option. Thankfully, UK FinTech apps are providing a solution.

Learn about UK Fintech Apps

Investing services used to only be available to the elite and wealthy who could afford the fees or even the minimum. However, FinTech is helping open up investing to the masses and democratise an industry that used to be hard to access. Through low minimum deposits and easy to use apps, FinTech can easily allow you to invest a whole variety of stocks and shares.

Below we look at some of the best FinTech apps investors can use in the U.K. All of the apps are FCA regulated, offer different types of ISAs, and free to download (although most incur fees when you invest).

Nutmeg has been established since 2011. They are a great choice if you don’t have too much knowledge on investing and you’re just looking for a passive way to grow your money every month. With a low minimum investment of £500 and the ability to choose an investment style that aligns with your risk parameters, it’s a sensible and efficient way to invest. 

Trading 212 is an online brokerage that allows you to invest in Stocks and ETFs for free. You can also trade commodities such as Gold, Oil, and Currencies. This app is great for investors who may be a little bit more experienced and want to construct their own portfolio. The app is slick and easy to use, and you can start investing from just £1.

Plum is a great option to use if you’re a beginner. Offering a safe and secure way to invest, their easy-to-use app gives you the ability to set aside more money and invest in what matters to you. Whether you want to invest in tech or ethical companies, you can choose between a list of funds with various risk levels. You can get started for free in just 2 minutes!

Moneyfarm is the perfect choice if you’re more after personal advice. Moneyfarm combines leading technology with one-to-one guidance from a qualified investment adviser. Providing a fine-tuned strategy, Moneyfarm helps you make the right investment decisions and build you a fully managed portfolio. 

Like Trading 212, Freetrade is also an online brokerage. Their app allows you to buy U.K. and U.S. stocks and ETFs with no fees. Their simple app is a good option for those that are looking for a DIY approach when it comes to investing their savings. One of the great things about Freetrade is you can own fractional shares of a company, which means you can invest in a company from as little as £2.

Investing for the Masses

Investment apps, like these, are opening up finance to those who would otherwise be uninterested or unable to afford a financial adviser to manage their portfolio for them. Whether you’re a total beginner or a professional, these FinTech apps are allowing Brits to begin investing and help better manage their finances.