FOLK2FOLKfocus on the principle of ‘keeping it in the community’. Their goal is to create a personable and friendly experience for both borrowers and lenders with the chance to engage with real people rather than only through an online platform.
Rural peer-to-peer platform Folk2Folk received £10.5m in Innovative Finance ISA (IFISA) investments last year, marking a new record for the lender. This was more than double the previous year’s inflows and means that the platform has attracted £19.4m in new and transferred ISA funds since it launched its IFISA product in July 2017.
878 days ago
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