Posted by With “AutoPilot”, #Nectaro has now introduced a third way to invest on the platform. The new functionality is a predefined auto-invest strategy in which funds are automatically invested into available loans. Investors only need to define a total investment limit, while AutoPilot invests several times a day across all markets and loan originators.
Personal Opinion: The new AutoPilot helps Nectaro to allocate funds into less popular loans, while investors will likely experience fewer issues with cash drag. However, the price of this perceived convenience could become expensive if individual loan originators run into problems in the future. Not all loan originators offer the same level of quality, which is why I would personally recommend an individual selection process.