Tagged: ifisa

April 4, 2017 @ 4:01 am By Erin Hobey  |  

CapitalRise, a UK property investment platform, has closed its latest fundraising deal in just under a week, raising £1.2m from everyday investors via the platform, including over £900k by close of business on the day of the public launch.  The majority of the investments were… Read More

April 3, 2017 @ 3:44 pm By Samantha Hurst  |  

Proplend recently announced HM Revenue & Customs (HMRC) approved its application for ISA manager status for IFISA. The online lender previously revealed its plans to apply for this status after it received full regulatory authorization from the Financial Conduct Authority (FCA). While sharing details about the ISA… Read More

March 29, 2017 @ 12:52 pm By JD Alois  |  

  UK Bond Network (UKBN), the alternative finance provider in secured corporate bonds, has launched its Innovative Finance ISA (IFISA) following regulatory approval. UKBN became fully authorized by the FCA in November 2016 and in January 2017, was awarded ISA manager status by HMRC. UK Bond… Read More

March 22, 2017 @ 9:09 am By JD Alois  |  

The Innovative Finance ISA (IFISA) is a new investment vehicle that remains relatively underutilized. As we wrote yesterday, one platform estimated that about 50% of the UK market is totally unaware of the retirement saving option. As we near the 2016/2017 tax year end, IFISA… Read More

March 21, 2017 @ 11:10 am By JD Alois  |  

The Innovative Finance ISA or IFISA was has been pitched as a good investment option for savers.  The new retirement vehicle allows individuals to invest in peer to peer lending assets that may provide a better risk-adjusted return for investors. There is a growing number… Read More

March 13, 2017 @ 2:15 pm By Samantha Hurst  |  

CapitalRise, a London-based property investment platform, announced on Monday it is launching an Innovative Finance ISA (IFISA) wrapper for residential property. According to the platform, the new IFISA allows savers to invest a minimum of £1,000 and up to £15,240 in the current tax year (rising to £20,000 in the… Read More

March 9, 2017 @ 8:41 am By Samantha Hurst  |  

Crowd for Angels announced on Wednesday it launched its first “crowd bonds,”  which are described as specially created secured, high-interest products that are eligible for its new Innovative Finance ISA (IFISA). Introduced by the government in April last year, the IFISA allows investors to earn… Read More

March 3, 2017 @ 8:08 am By JD Alois  |  

The Innovative Finance ISA or IFISA has been heralded by many in the P2P lending sector as a boon for the industry. Investors now have the ability to participate in P2P loans while benefiting from the tax deferred nature of ISAs. Yet the Financial Conduct… Read More

February 20, 2017 @ 9:05 am By JD Alois  |  

OFF3R, an online marketplace for alternative investments, published a report on P2P lending and crowdfunding last week.  OFF3R said that while equity crowdfunding sagged in January – dropping 65% from December – P2P lending remained strong. The Index includes six different equity crowdfunding platforms. OFF3R… Read More

February 16, 2017 @ 8:26 am By Samantha Hurst  |  

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, announced on Thursday it launched one of the first Innovative Finance ISAs (IFISAs) by a peer-to-peer lender with a target rate of return of 6% a year. The online lender revealed that with… Read More

February 8, 2017 @ 10:30 am By JD Alois  |  

Lending Works has launched its Innovative Finance ISA (IFISA). The peer to peer lender says it is the “first: major UK platform to offer the IFISA. The IFISA is a new category of ISA set up exclusively for peer to peer lending investment. The IFISA… Read More

January 30, 2017 @ 1:07 pm By JD Alois  |  

The United Kingdom has dominated the Fintech sector globally.  Starting with innovations in capital formation from crowdfunding and peer to peer lending platforms, the UK has fostered an impressive ecosystem of Fintech entrepreneurs. While a culture of innovation and risk-taking has been vital to this… Read More

January 24, 2017 @ 8:46 am By JD Alois  |  

UK Bond Network, an alternative finance provider that specializes in structuring and distributing investment opportunities in secured corporate bonds has been authorized by the FCA and HMRC  as an ISA manager. The approval now allows the platform to offer the Innovative Finance ISA (IFISA). Announced in… Read More

January 23, 2017 @ 8:16 am By JD Alois  |  

Specialist provider of P2P and marketplace lending products and services, Goji, has announced that Landbay, bond investment platform UK Bond Network, crowd bond provider Downing, and SME-focused P2P platform Peer Funding have each selected their platform to offer the Innovative Finance ISA (IFISA). Goji said… Read More

January 16, 2017 @ 5:11 pm By Samantha Hurst  |  

Peer-to-peer lending platform Landbay announced on Monday it was granted ISA Manager Status by HMRC. This news comes less than a month after the lender received full authorization from the FCA for peer to peer lending. The Landbay team stated that status will clear the way for the… Read More

January 6, 2017 @ 11:30 am By Samantha Hurst  |  

This week, co-founder and chief executive of Crowdstacker, Karteek Patel, revealed the lender’s Innovative Finance ISA (IFISA) has attracted £1 million from investors each month. As previously reported, Crowdstacker currently offers P2P investment opportunities backed by British businesses that are said to have a good track record… Read More

December 18, 2016 @ 10:00 am By Jessica Pham  |  

Abundance Investment (formerly AbundanceGeneration) has been partnering with Swindon Chapel Farm Solar since early last month to offer individuals a way to invest in renewable energy.  The Innovative Finance ISA (IFISA) option also offers folks looking for an alternative savings account an option to earn higher… Read More

December 5, 2016 @ 7:48 am By JD Alois  |  

LandlordInvest has received full Financial Conduct Authority (FCA) authorisation following a 24-month process. LandlordInvest is a peer to peer lending platform for buy-to-let and bridge loans. LandlordInvest stated it has also submitted an application to HMRC to become an ISA manager and intends on offering… Read More

November 29, 2016 @ 9:39 pm By JD Alois  |  

P2P lending rating agency 4thWay is highlighting that 77 IFISA applications are in limbo at the Financial Conduct Authority waiting for full authorisation.  Within this group, ten of the largest UK P2P lenders are still in the queue.  In what was expected to be a… Read More

November 10, 2016 @ 10:17 am By Erin Hobey  |  

The P2P bond platform UK Bond Network received full authorization as a financial services provider from the UK Financial Conduct Authority (FCA). The approval marks the end of a several months’ review in which the company’s processes, systems, policies, levels of compliance and risk management have undergone… Read More