Ethical investment platform prepares for P2P launch

Ethical investment platform Charm Impact is conducting a fundraising round in preparation to launch into the peer-to-peer lending space as an appointed representative (AR) of Rebuildingsociety.

The firm, which is currently unregulated, has exceeded its £100,000 equity fundraising target on Crowdcube by raising £123,610 so far.

After the campaign ends on 28 October, it will look to spend some of the funds on launching into the regulated P2P space by operating under Rebuildingsociety’s regulatory umbrella.

Charm Impact provides peer-to-business loans for clean energy projects run by early stage entrepreneurs in developing markets to fight climate change and poverty.

It connects UK investors with companies in Sub Saharan Africa, South Asia and South East Asia, offering target returns of up to eight per cent.

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Source: Ethical investment platform prepares for P2P launch | Peer2Peer Finance News