How does the Abundance IFISA work?

Learn more about how you can make direct investments through the Abundance IFISA

Updated over a week ago

When making investments on Abundance you can choose what type of portfolio you want to hold those investment - one of those options is an Innovative Finance ISA (IFISA). You can open an Abundance IFISA alongside the other types of ISA available, such as a cash or stocks and shares ISA. You can learn more about the different types of ISA here.

Setting up an IFISA

You can open an IFISA as a new investor on Abundance or an existing customer. You'll find the option to open an IFISA as one of the steps when making an investment. You can learn more here.

Add money to your Abundance IFISA

You can subscribe any amount from £5 right up to the maximum annual ISA allowance of £20,000 into your Abundance IFISA in the current tax year. You can also transfer money from your existing ISAs into your Abundance IFISA. Learn more about your ISA allowance here.


With the Abundance IFISA, you make the decisions on where you want to invest your money.

You can choose to invest in any of the direct investments available on Abundance through your IFISA with a minimum of just £5 in each. This lets you diversify your holdings within your Abundance IFISA across a range of sectors, investment terms and risk levels. You need to invest the money in your Abundance IFISA to earn a return as we do not pay any interest on cash held in your IFISA.

You can invest in the open investments which are currently raising money on Abundance, or invest in our previous direct investments through the marketplace.

Tax-free investment returns

Any investment you make through your IFISA portfolio will be held within the IFISA. Any investment returns from your investments will go back into your IFISA portfolio and are tax-free.

You can then choose to reinvest your returns in another investment on Abundance, withdraw the money, or transfer it to another ISA provider.

Please remember, holding your investments in an IFISA does not reduce the risk of the investment or protect you from losses, so you can still lose all your money. It only means that any potential gains from your investment will be tax free. The tax treatment of your investment will depend on your individual circumstances and may change in the future.

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