Wealth Simple vs LemFi

Bharosa Technoserve Private Limited presents Wealth Simple - Triple Money. Aim: Provide a platform to invest in Mutual Funds in India. Why makes us different: It's cash flow i.e. Money from Your account -----> Your Wealth Simple Portal Where we select the funds to invest your money based on our AI enabled research algorithm. Just add the money and relax, leave rest to us. Analyse your portfolio anywhere, anytime with just a tap of your finger on your iOS device. This app is designed to be used by every Indian, rich or poor, to be able to invest as little as Rs 100 in mutual funds and start their journey on the road to financial prosperity. The app will help in financial inclusion and reduction of poverty. It will be available in multiple Indian languages and is designed to be multi-lingual. Fixed deposits doubles wealth in 10 years while WealthSimple will triple wealth in 10 years. The user only has to Add money and Withdraw money which can be done one time or monthly. They do not have to worry about choosing the funds to invest in and adjusting the portfolio when markets go up and down. Rebalancing and tax optimization are done by the WealthSimple engine. The engine also uses machine learning to select top performing funds to invest in. The portfolio is adjusted monthly for performance, asset allocation and change in the equity percentage desired by the investor. It can be used by minors, including a baby, young people, middle aged people and retired people. To use the app, a person does not have to be a Bharosa member. The app shows users the power of compounding and through videos and case studies helps them estimate how much wealth mutual funds can create and helps them with financial literacy. The app is expected to have users who have as little as Rs 100 to users who have many crores managed by WealthSimple. In USA, only 5% of actively managed funds beat the S&P 500 Index on a long term basis. In India, actively managed large and multicap funds beat the index, but more complex strategies do not deliver superior performance. WealthSimple is designed to deliver good performance along with simplicity. Currently many people in India use fixed deposits because of the simplicity and fixed returns. We have analyzed over 15 years of data and found that in 100% of the cases, WealthSimple beats fixed deposits by 2.5% and in 95% of the cases by over 4%. The conclusion is that WealthSimple delivers around 5% better performance annually than fixed deposits and is easier to use than fixed deposits once a user has completed set up.

Ambition has no passport. LemFi is built for people going places. It puts what you need in one app: send money internationally, buy eSIM data, and in the UK, save and access credit, subject to eligibility. Send, save, grow with LemFi. SEND MONEY ABROAD Send to 30+ countries across Africa, Asia, Europe, and Latin America, with zero transfer fees on supported corridors. Most transfers arrive in minutes, paid into a bank account, a mobile wallet, or a mobile money account, depending on where you're sending. No branch visit, no paperwork, no waiting days for a bank wire to clear. You see the exact rate and fee before you confirm. No hidden fees, nothing taken off on arrival. Then follow every transfer from the moment you send to the moment it lands, so you're not left wondering, and neither is your family. SAVINGS (UK) LemFi Instant Access Savings, Powered by ClearBank. Open an account from £1 and put money aside for emergencies, for goals, for the things that matter. Withdraw any time, with no penalty. Interest is calculated daily and paid monthly. The LemFi Instant Access Savings Account currently pays a boosted 5% AER for the first six months from account opening; it then reverts to 3.04% AER (tracker), tracking the Bank of England base rate. LemFi is not a bank. Savings accounts are provided by ClearBank Ltd (PRA-authorised, FCA and PRA regulated). Eligible deposits are FSCS protected up to £120,000 per person, shared across all deposits you hold with ClearBank. CREDIT (UK) LemFi Credit is a revolving credit line, subject to eligibility. We look at your full history, including your history with LemFi, so a thin UK credit file isn't the whole story. Choose how you repay each month: the full balance, the minimum, or a fixed amount that suits you. With Credit Monitor, eligible customers can see their Equifax credit score in the app, and what moves it. Credit is offered subject to status and affordability. Questions about credit? Our support team is in the app. The LemFi Credit account is provided by Pillar Labs Ltd, a company registered in England and Wales (Company No. 13637649). Registered Office: Jellicoe, 5 Beaconsfield St, London, England, N1C 4EW. Pillar Labs Ltd is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 996727. eSIM DATA Buy eSIM data for 150+ countries in the app, before you fly. Land connected when you go home or travel anywhere else, with no roaming bill and no queue for a local SIM. WHY OVER 2 MILLION PEOPLE STAY • Alerts the moment your money arrives • 24/7 customer support in multiple languages • Refer a friend and you both get the same amount of LemFi Cash to use on your transfers. LemFi Cash can't be withdrawn as cash. LICENSED AND REGULATED In the UK, LemFi is a trading name of RightCard Payment Services Limited, authorised by the Financial Conduct Authority to issue electronic money under the Electronic Money Regulations 2011 (FRN 900424). Your LemFi account is an e-money account, not a bank account, and is not FSCS protected. We also hold licenses, registrations, and approvals in Australia, Canada, Ireland, the US, and key corridors across Africa and Asia. Questions? Contact us in the app or at support@lemfi.com. Facebook: @uselemfi | X: @uselemfi | Instagram: @uselemfi