The Innovative Finance ISA (IF ISA) was launched in 2016 to enable investors to hold, tax free, peer-to-peer
loans, bonds and other approved debt instruments.
The ISA was
announced by the
UK government to recognise the growing role that crowdinvesting is
having in bringing investors and borrowers together outside of the
mainstream banking sector. Mongoose Crowd offers eligible members the choice of opening an IF ISA from within their account.