easyMoney, a prominent UK-based peer-to-peer (P2P) property lending platform, has revealed that its flagship Innovative Finance ISA (IFISA) has now exceeded £100 million in funds from investors.
Recognised as the IFISA Provider of the Year in both 2023 and 2024 by the Alternative Credit Awards, easyMoney’s IFISA has continued to gain momentum since its launch in February 2018. Over the past seven years, it has steadily attracted a growing base of investors.
Reaching the £100 million threshold cements easyMoney’s position as one of the largest and most reliable IFISA providers in the UK, commanding a notable share of the nation’s IFISA landscape.
To date, easyMoney’s investors have never lost one penny of capital, thanks to the platform’s intensive due diligence process and ability to choose high-quality loans backed by property collateral.
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 and subject to terms and conditions.
Jason Ferrando, CEO of easyMoney said:
“We are so proud to have passed this significant milestone within just seven years of launching our IFISA.
“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.
“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.
“We are proud to be one of the leading IFISA providers in the country, and we intend to keep offering the same great service and high quality loans that have helped us build such a loyal investor base.”
This is just the latest in a series of headline-making milestones for the easyMoney platform.
Last month, it was announced that easyMoney had surpassed £500m in total written loans, while the platform’s investors have earned more than £50m in interest payments, with monthly interest payments amounting to over £1.5m.
