Hi everyone
As promised, I want to provide an update on delivering fractional investment in US shares.
Firstly, this has taken longer than we anticipated - it’s a hugely important feature for us as it is for you all, and I love how excited everyone is to get their hands on it.
We want to build it in a way that the feature can scale to hundreds of thousands of customers, which has various aspects, ranging from supporting corporate actions to regulatory requirements. You’ve probably read our blog post about the easy way and the hard way.
We are implementing it in line with our ethos of building a sustainable business with permanent, sustainable solutions, rather than getting it out as quickly as possible. That means we have to spend the time to build it properly, fully integrated into our new Invest platform.
We’re working through the final pieces around how we report to our regulator before it will be ready to launch. At this point, we’re talking a matter of weeks (conscious we said this before, but it’s the best timeframe at this point) before you’ll be able to get yourself a little bit of Amazon, Google or any other US fractional share (remember, capital at risk). Thanks a lot for your patience in the meantime.