Investment Comparison Tables

Innovative Finance ISA Platforms

OFF3R works with some of the first Innovative Finance ISA platforms in the UK. The table below provides a summary of some of the IFISA platforms and some of the best IFISA rates available. Please visit the compare IFISA section of the website for specific investment opportunities and supporting tools.

What is the Innovative Finance ISA?

The Innovative Finance ISA (IFISA) is a new type of tax efficient ISA wrapper for P2P lending products. The IFISA allows investors to lend through FCA-regulated Peer-to-Peer lending platforms without having to pay tax on interest earned.

5 Key Points on the IFISA:

  1. Tax-free interest and capital gains earned through the Peer-to-Peer lending market.
  2. Individual investment limits of £15,240 per tax year (2016/17) increasing to £20,000 (2017/18).
  3. Transfers between Stocks & Shares ISA, Cash ISA and Innovative Finance ISA are permitted (Note. Transfer fees may apply)
  4. Transfers of current loans outside of IFISA’s are not permitted.
  5. No fees charged to open an IFISA.

Read a complete guide to the Innovative Finance ISA.

Compare Some of the Best Innovative Finance ISA Platforms and Rates Available:

Platform NameInvest in or Lend toProjected Annualised Return* (Gross %)Investment TermMinimum InvestmentLink to Platform
AbundanceRenewable Energy Projects6% to 9%Flexible£5Go to Site
CapitalRiseProperty10% to 14%Flexible£1000Go to Site
Crowd2FundRevenue & Bond Products8.7%2 - 4 Years £10Go to Site
Crowd For AngelsCrowd Bonds12%2 - 5 Years£100Go to Site
CrowdstackerBusinesses5.43% to 7%1 - 3 Years£500Go to Site
Downing CrowdCrowd Bonds4% to 7%1 - 2 Years£100Go to Site
LandlordInvestMortgagesUp to 12%Flexible£100Go to Site
LandbayProperty3.75%2 - 5 Years£5000Go to Site
LendingCrowdSMEs6%Flexible£1000Go to Site
Lending WorksIndividuals4% to 4.5%3 - 5 Years£10Go to Site

Please visit OFF3R to compare some of the best Innovative Finance ISA rates available.

Risk Warning: Investing in or lending to early stage businesses involves a high level of risk, including illiquidity (inability to sell assets quickly or without substantial loss in value), lack of dividends, loss of capital and dilution risks and it should be done only as part of a diversified portfolio. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Your capital is at risk.

Projected Annualised Return figures have been provided by the partner platform and not by OFF3R. The Net figures provided take in to account fees and expected losses whilst the Gross figures do not take in to account platform fees or expected losses. We present an annualised figure regardless of term for comparison purposes only.

About the author

Lily Bridgwood

Lily Bridgwood

Lily is the Partnerships Associate at OFF3R. She has previous work experience in both the corporate and start-up environments. She joined the OFF3R team in October having recently graduated with First-Class Honours in International Business from the University of Edinburgh.