How it works
Create your gift
Personalise your gift with a gift card and special memory.
Send your gift
Once the gift’s been claimed, it’ll be invested and locked till they turn 18.
Your gift’s invested!
Once the gift’s been claimed, it’ll be invested and locked till they turn 18.
Track your gifts
See all your gifts and send more for future occasions via our app.
Gifting Reimagined
Gifts as great as they are
A digital card, a personalised message and an investment in their future. Send and track all your investment gifts in one spot.
Send a gift
Gift wealth, not waste
Your gifts are automatically invested in funds designed by experts at BlackRock and Vanguard to stay diversified for long term goals.
Learn about our investmentsMoney doesn’t have to be impersonal
Upload a picture and write a message. At the age of 18, they’ll be able to see all the messages and memories you left along the way.
Send a gift
Gifting that’s meaningful
& has tax benefits
Navigating taxes when gifting
Unsure which account is right for you? We can help.
Income tax. Capital gains tax. Inheritance tax. It's right to pay the tax that's due, but the government has built ways to help you pay less.
Read our free guide to learn about all the tax breaks available to you when gifting money.
Remember, what you’re taxed depends on your own personal situation, and that can change in the future. We don’t provide any financial or tax advice, and anything we write in our guides is to only give you a helping hand. If you’re unsure speak to a professional financial or tax adviser.
Peace of mind with Prosper
We’re transparent
No hidden fees. No complicated pricing.
We charge a flat “platform fee” of 0.50% to manage your investments. There’s then an additional 0.20%-0.29%, depending on what investments you pick (paid to BlackRock and/or Vanguard).
That’s an annual fee of around £7.90 if you invest £1,000 with us.
We’re protected
Up to £85,000 of your money is covered by the UK Financial Services Compensation Scheme (FSCS) should WealthKernel (our Principal Firm) become insolvent.
We’re parents
We like to keep things in the family.
We’re an app built by parents for families. So, we understand your niggles and your ambitions when it comes to your little ones.
And we understand just how priceless peace of mind is.
Happy days.
Frequently Asked Questions
Prosper is an app created to help parents invest for their children's futures with the support of their close family & friends. We offer investment products like Junior Stocks & Shares ISAs, Bare Trusts and General Investment Accounts which you can use to invest money for your child's or another child's future.
We also allow family members to gift money directly into Junior ISAs (as well as leave a message and a picture for the child to see when they're older) without the hassle of sharing bank details.
We’ve made it easy for you to send a gift to a child that means the world to you. All you need to provide is the name of the child, the name of their parent along with their contact number and e-mail address. We'll also need your payment details too so that we can get your gift paid into your loved one’s account. You'll then be given a unique link that you can send to the parent so they can claim your gift.
Don't worry, we'll also send them reminders along the way so they don't forget.
The money you gift will be invested in a Junior Stocks and Shares ISA in an investment fund or ETF selected by the parents of the child. This will be from a range of investment funds we offer. You can find out more information about the investments here.
Any money gifted into a Junior ISA is locked until the child turns 18. That means no withdrawals by the child (and of course the parents) before then. At the age of 18 the Junior ISA turns in to an adult ISA which the child gets full access to. They'll be able to withdraw any gifts you sent to spend as they like or continue investing it for future goals.
Of course. You can send a gift to anyone regardless of whether they have a Prosper account or not. If they don't have one, they'll be promoted to open one before claiming the gift but they can do this in just a few minutes.
If your gift isn't claimed in 10 business days you'll get a full refund (including the £3 fee) straight back in to your account. This can take up to 5 business days to process.
You'll be able to send another gift if you wanted to do so.
There is a flat £3 transaction fee associated with sending any gift on Prosper regardless of the size. This is used to cover the payment processing as well as investing costs that we incur when you gift. It also helps us improve the quality of service we offer you and the families investing for their children's futures with Prosper.