14th March 2023
So, you want to transfer your ISA? We get it. The financial sector has been in desperate need of modernization. Using innovative financial technology, also known as FinTech, the UK is leading the push to revolutionise capitalism, by giving alternatives to consumers and promoting wealth and social mobility.
IFISAs are a new kind of finance that invests directly in people or businesses in exchange for a return, bypassing banks. Platforms in this space have developed a novel approach to provide more direct, higher-paying investments.
Historically, investors have been restricted to investing in a small number of multinational corporations that compose a standard stocks and shares portfolio - which is typically inefficient and may raise ethical concerns. These constraints are not unique to the United Kingdom, and continually flooding the same multinational businesses with investor funds poses a systemic risk to our economy. We can now free money from corporate control and invest in small and medium-sized businesses, which account for 90% of the UK economy, thanks to IFISAs.
Dividends or increases in a company's share price provide returns to Stocks and Shares ISAs, though they're highly unpredictable and market dependent. Cash ISA returns are earned by interest on the money placed in the savings account; however, because they entail no risk, they also give little reward, with low rates of return. IFISA returns are generated from the interest on loans made to growing businesses. These loans are issued through a public platform by small and medium-sized businesses.
Instead of putting your money in a bank, IFISAs allow you to lend it to businesses through an online platform, that’s us. We’ve made transferring your ISA easy. With a three-step process:
Ready to transfer?
Any questions, please email us at email@example.com
Tax treatment may vary.
Past performance and forecasts are not reliable indicators of future results. Tax treatment of any of the investment offers will depend on the individual circumstances of each investor and may be subject to change in the future. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser. Do not invest more than you can afford to lose. Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Investing in start-ups may expose the individual concerned to a significant risk of losing all of the money or other assets invested. Peer-to-business lending through Crowd2Fund is not the same as holding a bank or building society savings account. When making a peer-to-business loan, your capital lent to a borrower is not covered for compensation in the event of a loss by the Financial Services Compensation Scheme. It may prove impossible to recover all or part of the loan by calling in the business assets held as security on that loan. Reward and Donation funding types are not regulated by the Financial Conduct Authority Crowd2Fund Limited is authorised and regulated by the Financial Conduct Authority (FRN 623683). Crowd2Fund Limited is registered in England and Wales. Registered No. 08472687 Registered Address: 242 Acklam Road, London, W10 5JJ
Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.