Skip to content



What is the Innovative Finance ISA (IFISA)?

The IFISA is a tax-free wrapper that allows UK investors to lend money through Financial Conduct Authority-authorised peer-to-peer lending platforms. They can receive interest and capital gains tax free, up to the current annual ISA limit of £20,000.

The product was first announced by then-Chancellor George Osborne in 2015. Consumers can invest in a cash ISA, a stocks and shares ISA or an IFISA, or a combination of the three.

IFISA providerType of loansMinimum investmentTarget rate of return
Abundance InvestmentGreen energy£5Up to 8 per cent
Assetz ExchangeProperty£1Up to 6 per cent
Bayonet VenturesPrivate equity firm that invests in lenders and loan portfolios£10,000Up to 6 per cent
Blackfinch InvestmentsInvestment manager£15,000Unconfirmed
Bramdean Asset ManagementInvestment manager in young UK businesses£1,000Up to 7 per cent
British PearlProperty£1,000Up to 4.3 per cent
CapitalRise Prime property£1,000Up to 11 per cent
Carlton BondsProperty bonds£1,000Up to 9.25 per cent
Crowd2Fund Business£1008 to 15 per cent
Crowd for AngelsCrowd bonds£25Up to 7 per cent
CrowdProperty Property £500 Up to 8.5 per cent
Crowdstacker Secured business £1004 to 7.5 per cent
Downing CrowdCrowd bonds £5002.25 to 7 per cent
EasyMoney Property£100 4.53 to 6.51 per cent
Elfin MarketConsumer credit£100Up to 10 per cent
Folk2Folk Business £20,000 7.5 per cent to 9.5 per cent
Fund OurselvesShort-term loans £1,000 Up to 15 per cent
Guarantor My LoanGuarantor loans£10,000 Up to 10 per cent
HNW Lending Asset-backed loans £10,000 Up to 10 per cent
Invest & FundProperty development £2,500Up to 6.5 per cent
JustUsProperty£10,000Up to 10.29 per cent
Kuflink Property £100 Up to 9.73 per cent
LandlordInvest Buy-to-let and bridging £1,000Up to 12 per cent
Leap LendingConsumer £50Up to 7 per cent
Lendahand Ethex – Energise Africa Solar projects in Sub-Saharan Africa £50 Up to 6 per cent
LendwiseStudent loans£1,000Up to 9 per cent
LoanpadProperty £10 Up to 5 per cent
London House ExchangeBusiness £1,000Up to 10.1 per cent
Money&Co Business £1,000Up to 7 per cent
ProplendProperty £1,000 Up to 12 per cent
Rebuildingsociety Business £10Up to 6.1 per cent
Relendex Property £500Up to 11 per cent
Rockpool InvestmentsBusiness£10,000UP to 12 per cent
Share CreditBusiness£10Up to 16 per cent
Shojin Property PartnersProperty£5,000Up to 15 per cent
Simple CrowdfundingProperty development£500Up to 9 per cent
Sourced CapitalProperty development£1,000Up to 12 per cent
TifosySports£500Up to 8 per cent
Triodos BankCrowd bonds£50Up to 6 per cent
Triple Point Income ServiceBusiness£1,0005.5 to 6.96 per cent
UnboltedPawnbroking£1Up to 8 per cent