EasyMoney’s innovative finance ISA hits £100m

UK peer-to-peer property investment platform easyMoney’s innovative finance ISA (IFISA) has surpassed £100m in investor funds.

The IFISA, launched in February 2018, has seen investor interest grow significantly over the past seven years, with its £100m milestone now making easyMoney one of the largest IFISA managers in the UK.

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EasyMoney specialises in offering property-backed loans to a wide range of investors. All property loans on the platform can be held within its IFISA.

The platform is currently targeting returns of between 5.4 per cent and 10 per cent per annum, depending on the type of account chosen.

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“To have passed the £100m milestone is a testament to the success of our strategy to date. But moreover, we are delighted that our investors have been able to benefit from the tax-free returns of the IFISA, which can really stack up over time,” said Jason Ferrando, chief executive of easyMoney.

“Our entire team works tirelessly to protect and grow our investors’ money, and we do not take for granted the trust that is placed in us. We prioritise risk management at every step of the loan process, and we deliver great value for our investors by offering competitive returns and a seamless user experience.”

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