Social Money (SoMo)

Trustpilot rating:
3.9 / 5
Based on 26 reviews
Country of origin:
United Kingdom
Active Platform:
YES
Experience:
7 years

Types of Investments

Equity Investments
Debt Investments
Resale Market

What is Social Money (SoMo) ?

Social Money Limited (SoMo, formerly BridgeCrowd) is an online peer-to-peer (P2P) lending platform that lends against the United Kingdom property and land. Investors have the opportunity to finance loans for primarily residential property projects. Loans are also made to semi-commercial and commercial securities if the loan to value fits their criteria. At SoMo the maximum loan to value is 75%. SoMo themselves invest in each loan they offer to investors, focusing primarily on bridging loans.

SoMo allows all investors to sign up and use their platform. SoMo has been matching loans since 2014. SoMo is a trading name of Social Money Limited, a company which is authorised and regulated by the Financial Conduct Authority (FCA) (No. 675283).

Who can invest

Retail Investors
Accredited Investors
Institutional Investors

Is the Platform Regulated?

Regulated
Financial Conduct Authority

Want to find out more about more about Social Money (SoMo) ?

Social media analysis

social media icons

Platform factsheet

Investments overview

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