13th April 2017
P2P, Peer to Peer Lending
UK property investment platform CapitalRise have announced that they raised £1.2m from IFISA investors in less than a week, £900,000 of such raised on the first day of public launch.
The platform, which uses public investment to raise capital for new developments, opens ISA windows only when investment is needed. Though the current investment window is closed, ISAs may still be opened for the next investment opportunity.
With the latest investment window now closed, the company expects to launch another opportunity in Q2 this year. 
CEO, Uma Rajah, said: “At £1.2m, this has been the largest fundraise on the CapitalRise platform to date, and it was raised within a week of public launch.”
“We’re thrilled to close our latest deal so quickly and to see our new ISA be received so positively by investors looking for a tax-free wrapper and the potential for higher returns.”
“Our ISA has given small investors, who perhaps can’t otherwise afford to get on the London property ladder, the chance to earn attractive returns from prime real estate in the capital.”