How does InvestNow make money?
Investment managers pay InvestNow a distribution fee to have their products on our platform – this is our primary source of income.
In addition, InvestNow earns a distribution fee of 0.10% on Term Deposits offered on the platform (this fee does not reduce the interest rate yoru receive when you selected the Term Deposit ie what you see is what your receive, net of tax.
InvestNow also receives the interest on any money held within the Transaction Account, which helps to pay costs associated with offering and operating InvestNow. Transaction Accounts are […]