We currently have in place the aggregation structure to provide a holistic view of investors P2P holdings from over 50 of the top platforms.
The back office administration software integration is complete, as is the client portal – an invaluable tool on which to view financial information and interact via a secure online ‘hub’ anywhere and on any device.
From a regulatory viewpoint, we have terms agreed with a Regulatory Hosting Service who will oversee our operations to ensure we have systems in place to meet Financial Conduct Authority and HMRC regulatory requirements.
We are now raising capital to finalise the build out of the end to end platform, fund office space, marketing costs, regulatory fees and working capital to support our first year of operations.
We recently received a “GOLD” rating for our business opportunity in an independent review carried out by analytics and rating firm NextFin. The rating is NextFin’s highest rating and PeerPort is one of only 74 firms from 900 to achieve it. NextFin analysed various areas of PeerPort’s business, including Management, Product and the Investment opportunity, giving the offering an overall score of 88% and a Gold rating. The full report can be viewed here.
Provisional HMRC Figures from 2018/19 ISA Tax Year