FundingSecure has received its HMRC approval and launched its IFISA; FundingSecure offers secured loans and markets annual returns of 12% to 16%; investors can invest up to GBP20,000 ($25,569) in the IFISA in 2017 according to UK regulations. Source
UK peer-to-peer lender FundingSecure is a pawn broker providing loans against secured assets including jewelry, property, classic cars and fine art; its representative APR for borrowers is 35.4% and it markets interest of 16% annually for investors with a minimum investment of 25 British pounds; with the FCA approval it plans to offer IFISAs in the next two months. Source