Tagged: isa

UK’s Digital Bank Zopa Introduces Cash ISA, Reports Surpassing £250M Revenue ARR

Zopa bank has launched its first Cash ISA account in order to help savers level-up their 2024 finances. Zopa bank says its aim is to “help millions of Brits with an ISA account better save by making the £333 billion sitting in Cash ISAs work… Read More

UK’s Investment Platform easyMoney Explains How Consumers Can Increase their Savings Over Time

UK’s investment platform easyMoney notes that we are in the middle of a cost-of-living crisis and prices are increasing on just about everything we purchase so putting away extra funds into a savings pot might “not be at the top of your list, but it… Read More

WealthKernel, the Wealthtech Platform of Digital Investment Solutions, Partners with Topia to Promote Financial Independence

WealthKernel, the Wealthtech platform of digital investment solutions, reveals that it has teamed up with Topia, a UK-headquartered app provider that aims to empower Millennials who want to reach financial freedom and retire early. Through the partnership, Topia will be using WealthKernel’s investing API and… Read More

Digital Banking Unicorn Starling Explains How to Make the Most of Your Tax-Free Allowances on ISAs

UK-based digital banking challenger Starling notes that the end of the tax year is now “fast approaching.” This may be a good time to “make the most” of your tax-free allowances on Individual Savings Accounts (ISAs), the Starling team writes in a blog post. Starling… Read More

RateSetter to Reportedly No Longer Process New Transfer-in ISAs Requests From Other Providers; No New IFISA Accounts Will be Opened for Existing Customers

  RateSetter, a leading UK based peer to peer lender, is reportedly telling investors that starting at the end of January 2021, it will no longer process any new transfer-in ISAs requests from other providers. According to P2PFinance News, the online lender stated it will… Read More

Israel Securities Authority and the Israeli Innovation Authority Introduce “Data Sandbox” Program for Fintech Firms

The Israel Securities Authority (ISA) and the Israel Innovation Authority (IIA) have introduced a “Data Sandbox” program for Fintech firms that will help them work cooperatively with regulators, licensed entities, and other financial services providers based in the country. The data sandbox aims to assist… Read More

Sourced Capital Tells UK Government to Extend Upcoming ISA Deadline

Sourced Capital, a platform that facilitates property investment, is out with a note demanding that the UK government extend next month’s ISA deadline. Currently, the deadline is set for the 5th of April. Sourced Capital would like to see it moved to the 1st of… Read More

P2P Lender RateSetter Celebrates RateSetter Innovative Finance ISA’s Second Birthday

UK-based peer-to-peer lender RateSetter recently celebrated RateSetter Innovative Finance ISA’s second birthday. The online lender launched the ISA in February 2018 and claims it has become the UK’s most popular Innovative Finance ISA. As previously reported, RateSetter described the ISA: “The Innovative Finance ISA (IF… Read More

Israeli Securities Authority Issues a Request for Information to Identify Regulations that May Hinder Ongoing Blockchain Industry Development

The Israeli Securities Authority (ISA) has reportedly issued a Request For Information in order to identify regulatory policies that could hinder the ongoing development of distributed ledger technology (DLT)-focused projects in Israel. The country’s regulator is also planning to look closely into the potential use… Read More

Goldman Sachs’ Consumer Banking Division Marcus to Offer Stocks and ISA Access, Supported By Nutmeg

New York-based investment bank Goldman Sachs’ consumer banking division, Marcus, is reportedly expanding its operations to include investment-related services in the UK. Marcus is introducing a new stock trading and ISA vehicle, which will be supported by digital wealth manager Nutmeg. The ISA will be… Read More

RateSetter ISA Milestone: Passes £250 Million in Subscriptions

UK-based peer-to-peer lender RateSetter announced on Thursday its ISA has now passed the milestone of attracting £250 million in subscriptions. RateSetter reported that in under 18 months since its launch in February 2018, the RateSetter ISA has attracted more than £250 million in subscriptions, which… Read More

RateSetter ISA Milestone: Passes £200 Million in Subscriptions

UK-based peer-to-peer lender RateSetter recently announced its ISA has now passed the milestone of attracting £200 million in subscriptions. RateSetter claimed that the ISA is considered to be the most popular Innovative Finance ISA in the market. The online lending platform also revealed that one… Read More

Monzo: Users May Now Open An ISA Through Monzo Mobile App

UK challenger bank Monzo announced on Thursday that users may now use the Monzo mobile app to open a cash ISA (Individual Savings Account), thanks to its partnership with OakNorth. It was revealed: “You’ll need to deposit a minimum of £500 to open one. In both… Read More

Property Investment Platform Propio Now Seeking £300,000 Through Crowdcube Round

Propio, a UK-based property investment platform, has recently launched an equity crowdfunding campaign on Crowdcube to raise £300,000. Founded in 2016, and launched in 2017, Propio describes itself as a the home of the Property ISA.  Its platform notably combines decades of property expertise with… Read More

Israel Securities Authority Outlines Recommended Regulatory Approach for Digital Assets

Last week, a committee at the Israel Securities Authority (ISA) investigating the applicability of regulation pertaining to initial coin offerings (ICOs) and digital assets submitted their final report. The Committee was first established in August of 2017 during the height of the ICO boom. The… Read More

RateSetter Reported ISA Exceeded Expectation in First Year By Attracting £175 Million of Subscriptions

UK-based peer-to-peer lender RateSetter recently announced its ISA has exceeded expectations in its first year, having attracted £175 million of subscriptions, and currently accounts for one-fifth of the platform’s £830 million funds under management. RateSetter unveiled its ISA in February 2018. It allows investments in peer-to-peer loans to… Read More

Zopa’s Latest Report Reveals 1 in 3 Brits in the Dark on Cash ISA Rate

Peer to peer lender Zopa announced on Wednesday its new research revealed that millions of people across the UK do not know the rate of interest on their Cash ISA, which means billions of pounds are potentially languishing in accounts earning little or no interest… Read More

Perspective: Student Loans Have Failed American Students, What About Income Share Agreements? [u]

Postsecondary education in America is at a crossroads. With 44 million Americans who owe $1.5 trillion in student loan debt, delinquency and defaults ruining the financial future of millions of individuals, and students on the financial hook for paying for something that might not deliver… Read More

Israel Securities Authority Set to Establish Fintech Innovative Hub

The Israel Securities Authority (ISA) announced on Monday it is establishing a regulatory Innovation Fintech Hub. According to the ISA, this new initiative is aimed at promoting common discourse between the organization and relevant players in fintech. The organization also encourages fintech companies and entrepreneurs to… Read More

CapitalRise Touts “Fastest Fund to Date”, Fueled by ISA Investment Surge

CapitalRise.com, the online property finance marketplace, has successfully closed Farrier’s Way, its fastest investment raise to date, with two-thirds of investors using the ISA to benefit from tax free returns. The investment proved incredibly popular and the full amount of £1.4 million was funded by… Read More

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