Investment plans

Hi, I’m Nora, Pinnora’s animated guide.

In this video, you’ll learn how investment plans work in Pinnora.

We’ll find the Investments page, read a plan’s page, and invest $250.

Then we’ll follow the investment,

and see how redeeming works.

One thing to keep in mind. Every return you’ll see is a target, not a promise.

Start on Home, and tap the + button at the bottom.

Choose “Savings & investments”,

and then “Investments”, to open the Investments page.

At the top, you’ll see what your investments are worth,

and when the next payout is due.

Under “Your investments”, Alex already has $500 in Pinnora Prime.

Below that are the plans that are open to new money.

Each one shows its term, how often it pays, and its minimum.

The rate is on the plan’s own page.

Further down, History lists your investments and payouts.

“Good to know” sums up the rules.

Tap a plan to open its page. We’ll look at Pinnora Prime.

Prime has a targeted APR of 11%.

That’s a simple yearly target.

The term is 365 days. It pays out daily,

and the minimum is $250.

“How it works” starts with the daily ROI.

That’s the yearly target ÷ 365.

For Prime, it’s 0.0301% a day.

And like the yearly figure, it’s a target too.

“Profit” shows where your payouts go.

Prime pays them to your funding wallet.

“Redeeming” says “Redeem anytime · T&Cs apply”.

Before you confirm anything, the app shows you exactly what that means.

Some plans have a pool, a limit on how much money they take in.

When the pool is full, the plan closes to new money.

Prime has no cap. Below, “Features” lists what the plan is and does.

When you’re ready, tap “Invest”.

Type the amount in dollars. Alex invests $250,

the minimum for Prime.

You can pay from any holding in your wallets.

They’re listed in the order they’ll be used.

Anything that isn’t the plan’s own asset is converted on the way in,

and your history says so.

Here, it all comes from Alex’s dollars.

To keep a holding out, just untick it.

Next, scroll down, open “Rules and terms of this plan”, and read them.

Then tick the box to say you accept them.

The “Invest” button stays switched off until you do.

What you accept is kept with your investment.

Tap “Invest” to see the summary.

Nothing is invested until you confirm.

Estimated earnings are worked out at the targeted APR.

For $250, the target comes to about 7.5 cents a day,

or $27.50 over the term.

Some plans let you choose where your profit goes: to your wallet,

or added to the investment. That’s called compounding.

Prime pays its profit to your funding wallet,

so the summary simply says so.

Check the term, too. At the end,

your capital comes back to your funding wallet by itself,

after the last payout.

When everything looks right, tap “Confirm investment”.

“Investment started.” The last step shows the plan, the amount,

your first payout, when the term ends, and a reference.

Tap “View investment”. It now sits under “Your investments”, on the plan’s page.

Each investment shows what you put in,

the profit paid so far, and the next payout.

“Add funds” opens a new investment of its own, with its own term.

To take money out before the term ends, tap “Redeem”.

Before anything happens, you see a quote:

when earning stops, your capital,

any early-redeem penalty, what you receive,

and when it’s released.

Here, there’s no penalty, and the money would be released straight away.

If a plan has a wait or a penalty,

the quote says so first.

Alex wants to keep this one, so tap “Keep investing”. Nothing changes.

Tap the back arrow.

On the Investments page, the overview now

counts both investments: $750 in all.

A few things to know.

Payouts arrive on the plan’s schedule.

They show under “Payouts”, in the History section.

When the term ends, your capital comes back to your funding wallet by itself,

straight after the last payout.

If a plan’s rules or terms change,

you’re asked to read and accept them again before you invest.

And remember, returns are targets, not promises.

A plan can fall short of its target,

so read its page and its terms first.

Let’s recap.

Every return is a target, whether it’s shown for a year or for a day.

A plan’s page shows its term, payouts, minimum and pool.

You can pay from any holding, and you accept the plan’s terms before you invest.

You review the summary, then tap “Confirm investment”.

Profit goes to your wallet, or into the investment where the plan allows it.

And “Redeem” always shows you the quote first.

Need help? Chat with us in the app,

or e-mail helpdesk@mypinnora.com.

Thanks for watching. See you next time.