Final ISA manager list before end of the tax year revealed with 29 P2P lenders

Peer-to-peer investors can choose from 29 Innovative Finance ISAs (IFISAs) to open new tax-free investment accounts before the end of the tax year.

HMRC has published its final ISA manager list before the tax year ends on 5 April.

It shows the choice available to investors looking to make use of their ISA allowance.

Read more: Which IFISAs are still accepting money for the 2021/22 tax year?

The list features 73 approved IFISA managers.

Of these, almost 40 per cent – or 29 – are active P2P lenders where investors can open new accounts.

This includes brands such as Abundance, Assetz Capital, Lendwise and Sourced Capital.

The list still features names such as Zopa, Funding Circle and Lending Works but both brands closed to new users this year as they are exiting the retail P2P market.

Their IFISAs are still open for existing users who are able to transfer old funds to new providers if they wish.

Read more: The P2P lenders vying for £500m of Zopa and Funding Circle IFISA money

Landbay and Ratesetter have also still got their IFISA permissions despite closing to P2P lending in recent years.

Three P2P lenders in administration are also on the list as their wind-downs continue: FundingSecure, The House Crowd and ThinCats.

Additionally, around 30 firms on the list with IFISA permission are not strictly P2P lenders but include property investment platforms such as British Pearl and BV Markets, previously known as BrickVest.

Ethical investment platform Triodos is also still featured, as is banking app Monzo and equity crowdfunding platform Crowdcube.

It comes as Peer2Peer Finance News research identified six IFISAs that target inflation-beating returns.