With the stock market rallying to new highs, the new robo fund from LendingRobot may have arrived just in time for people looking to diversify their portfolios with investments in the alternative lending market. LendingRobot Series makes it easy for peer lending investors to put money to work in different timeframes and risk exposures with returns ranging from 6.86% to more than 9%. The solution – part roboadvisory, part hedge fund – converts clients’ contributions into units which are invested across four leading lending marketplaces – Funding Circle, Lending Club, Lending Home, and Prosper. LendingRobot CEO Emmanuel Marot says that the new solution is designed to take advantage of the “excellent performance” of alternative lending investments and help investors avoid the problem of “fragmentation” that adds complexity to the process.

“That’s why we’ve created LendingRobot Series: to provide investors that understand the value of investing in alternative lending with the confidence that comes from intelligent automation, easy liquidity, and complete transparency,” Marot explained.

Pictured: LendingRobot CEO Emmanuel Marot demonstrating his platform’s dashboard at FinovateSpring 2016.

That “complete transparency” comes courtesy of LendingRobot’s decision to leverage blockchain technology to create a detailed, weekly ledger of the fund’s holdings. LendingRobot Series uses a hash code signature and notarization by Ethereum’s blockchain, to prevent data tampering, and assets are held in a bankruptcy protection vehicle with no liabilities other than its investors. The service charges a flat 1% a year management fee and caps fund expenses at 0.59% with no performance fees.. These compare favorably with the notorious “2% and 20%” demanded by most hedge funds.

LendingRobot supports four “Series” investors can choose from based on their investment preferences: short term aggressive and conservative, and long term aggressive and conservative. Average performance ranges from 6.86% for short-term conservative to 9.66% for long-term aggressive. Average maturity for short term series is 18 months. Long-term series maturities are 30-31 months.

Headquartered in Seattle, Washington, LendingRobot demonstrated its technology at FinovateSpring 2016, where it won Best of Show. The company has raised $3 million in funding, and includes Runa Capital and Club Italia Investimenti among its investors. TechCrunch profiled the company last summer, quoting Marot’s optimism toward the “insane growth in the peer lending market.” LendingRobot launched its P2P investment tracking mobile app – dubbed “Mint for P2P Lending Accounts” – last spring.

It’s surprising that neither Lending Club nor Prosper have their own official apps* for tracking portfolios. But it’s even more mind-boggling that a third-party hasn’t seized the opportunity to aggregate P2P lending accounts, similar to what Mint did 10 years ago for bank accounts.

LendingRobot, a platform that uses an algorithm to optimize P2P lending investments in Lending Club, Prosper, and Funding Circle, has launched a mobile app to fill the need for the $6.6 billion industry. The free app is available on iOS and Android and while it does not require users to open a LendingRobot account, it does require registration.

Lending Robot’s app will:

• Track portfolio health across three platforms

• Monitor loan repayments

• Compare loans across platforms

• Track overall performance

Emmanuel Marot, founder and CEO of the Seattle-based company, explains the move:

The fact that more than 20% of LendingRobot’s traffic is via mobile is, in itself, a great reason to have a mobile app. But the fact that not a single one of the major peer-lending platforms offers a mobile app leaves a lot of room for LendingRobot not only to meet the needs of our customers, but also become a daily part of any investors’ monitoring of their own investments.

LendingRobot debuted its platform, described as a “robo-adviser for P2P lending,” at FinovateSpring 2014. Its algorithm invests clients’s money across different loans, constantly adjusts the portfolio based on loans available, and automatically reinvests dividends. The company will manage up to $5,000 for free and any amount beyond that for 0.45% per year.

Founded in 2012, LendingRobot has 7 employees. It has raised $3 million from Runa Capital and angel investors.

LendingRobot is one of 71 companies to debut their newest technology on stage at FinovateSpring on May 10 & 11. Pick up your ticket to save your seat.

*Both Lending Club and Prosper have mobile-optimized sites, so mobile-account management isn’t completely overlooked. Also, Prosper launched its official mobile app in March, but it is a re-brand of the recently acquired BillGuard app and does not track P2P investment performance.