LandlordInvest.com, a peer-to-peer lending platform offering a residential property-backed Innovative Finance ISA (IFISA) to UK Retail investors, has selects Goji to administer and service its IFISA product.
Goji, a digitally-driven investment, execution and administration platform that focuses on the P2P lending and debt-based securities sectors, will provide LandlordInvest and its customers with support by dedicated and expert operational capability; and minimise ISA administration, allowing LandlordInvest to manage the seasonality of its investment products.
Goji uses a API-driven technology to simply integrate with P2P lending platforms and currently provides its IFISA services to leading P2P platforms such as Landbay, Downing and Assetz Capital.
With the P2P lending market recently reaching the GBP10 billion mark, according to Orca Money, an independent data, research, and analysis provider in the UK, the increased integration between leading industry participants will further fuel the growth of the new asset class.
Filip Karadaghi, LandlordInvest’s Chief Executive, says: “We are delighted to have partnered with Goji and their innovative platform to support us to manage our property-backed IFISA. We are confident that this will further enhance our IFISA product to our customers and continue support the growth of this new type of ISA, an alternative to the low returns offered by Cash ISAs and not as volatile as Stocks & Shares ISAs.
Rob Brown, COO of Goji, says: “We believe that our platform and operations team enables us to provide a first-class IFISA administration service to our clients enabling them to concentrate on providing excellent lending opportunities to their customers. Goji are very pleased to be working with LandlordInvest and look forward to helping them to provide outstanding service to their IFISA customers.”
