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Status: Expired

- Dec 2nd 2020

Peerport Limited (trading as MultiISA) is targeting the multi-million-pound market and claims to offer a holistic approach to Individual Savings Account (ISA) management. The company asserts that traditional ISA managers don’t give users enough flexibility with their investment choices. Current ISA rules restrict investors to only one ISA of each type per tax year. This impedes the investors’ ability to build a diversified IFISA portfolio. Peerport argues that its portal offers investors the freedom to operate multiple accounts like Innovative Finance ISA (IFISA), Cash ISA, and Stocks & Shares ISA under a single ISA management platform. The company will use the investment to finalise the build-out of its end to end platform, fund its office space, manage marketing costs, oversee staffing costs, pay regulatory fees and supervise working capital.

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Peerport Limited Rating Review

Pitch rating powered by CROWDRATING

Rated on 13/10/2020

Pitch Rated

88%

Gold

Management

87%

Product

87%

Investment

90%

  • £6,033
    pledged
  • 4%
    of goal

    £150,000
    target

    £749,820
    pre-money valuation

    16.67%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    11670296
    company number

    Active
    company status

    09/11/2018
    incorporated 3 years

    Previous Funding rounds
    21 Sep 20 Crowd for Angels £6,033 / 4% 88.00%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 87%

Skills 91%
MultiISA's management team though relatively small, consisting of just two members (CEO and CMO), has got complementary skills in the core team with diverse backgrounds and global experiences. The Founder/CEO brings a wealth of regulated supervisory, compliance and administration skills with extensive supervision experience. The CMO skills in leadership, marketing and valuable insight into the formal structures and procedures in the corporate world will ensure a successful launch and continued business growth. The company is supported by two Non-Executive Directors who are creative innovators and industry experts. One of the NED has held numerous roles in technology companies and remains passionate about programming. In contrast, another NED has a deep understanding of corporate governance, reinforce the firm’s code of conduct, conflict of interest and financial management standards. It was noted that the CEO is also taking up the responsibilities of the Finance Head in the company.

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Funding progress



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Pitch Rated

73%

Overall

rating powered by

CROWD RATING™

pledged: 133% days to go: Stretch investment: £133,543

  • £6,033
    pledged
  • 4%
    of goal

    £150,000
    target

    £749,820
    pre-money valuation

    16.67%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    11670296
    company number

    Active
    company status

    09/11/2018
    incorporated 3 years

    Previous Funding rounds
    21 Sep 20 Crowd for Angels £6,033 / 4% 88.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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