E-Money Capital

E-Money Capital Ltd (trading as easyMoney) was a UK firm directly authorised by the Financial Conduct Authority under FRN 231680 — not an Appointed Representative. The business operated a property-focused peer-to-peer (P2P) lending platform originally linked to easyGroup (launched as an easyGroup division in 2001) and relaunched under Andrew De Candole in February 2018.

This profile treats the firm as inactive: the platform website was offline at the time of review and other public signals indicate cessation of normal operations. Direct FCA authorisation subjected the firm to FCA supervision and conduct rules — but authorisation does not guarantee FSCS protection for P2P investment outcomes.

easyMoney connected individual investors with property professionals seeking short-term bridging and development loans, each secured by a legal charge over UK property. Investors could use a Regular Investment Account or an Innovative Finance ISA (IFISA) wrapper where available.

The platform operated an auto-invest feature that spread investor funds across multiple loans and paid interest monthly, with the option to reinvest. A platform-run secondary market allowed investors to sell loan parts; the company reported average sale-and-return-to-wallet times under 24 hours when active. Security by legal charge and a secondary market can reduce — but do not eliminate — capital risk, borrower default, valuation falls or illiquidity in stressed markets.

Company-stated product tiers and target rates: Premium (from £100, ~5.4%–5.7% p.a.), Premium Plus (from £20,000, ~6.35%–6.7% p.a.), High Net Worth (from £100,000, ~7.3%–7.7% p.a.) and Professional (from £1,000,000, ~9.5% p.a.). These are target rates and are not guaranteed; several tier figures could not be fully verified in primary sources and are marked unverified.

The platform stated there were no investor charges to invest or withdraw — a company claim that should be checked against the historic terms. Historical performance claims: over £642M lent to date and over £30M of interest returned to investors by March 2024, with the company asserting no investor had ever incurred a capital loss across its combined history (including the acquired Tower Bridging book). These statements are company disclosures, not independently audited facts in the materials reviewed.

easyMoney was aimed at retail investors seeking exposure to property-backed short-term lending who could accept capital-at-risk, and at investors wanting an IFISA wrapper for tax-free interest within the annual ISA allowance. It was not suitable for investors needing instant access to capital given withdrawal delays and the dependence of secondary-market liquidity on buyer demand.

P2P loans are illiquid relative to cash savings and carry borrower and property-market risk; the IFISA wrapper only affects tax treatment, not capital protection.