P2P lender Landbay granted ISA manager status by HMRC

Peer-to-peer lending platform Landbay announced on Monday it was granted ISA Manager Status by HMRC. This news comes less than a month after the lender received full authorization from the FCA for peer to peer lending. The Landbay team stated that status will clear the way for the launch of their Innovative Finance ISA before the end of this tax year. They also shared: In December 2016 we were one of the first established platforms to receive full authorisation for peer-to-peer lending and now it is a pleasure to confirm that our application to become an ISA manager has been approved by the Board of HM Revenue and Customs.” Read more: crowdfundinsider.com