The company saw IFIsa funds held on the platform increase by 83% year-on-year by the end of the 2017/18 tax year.

The number of businesses to fund on the platform increased by 145%, with more than 250 businesses and entrepreneurs receiving fundraising through Crowd2Fund.

The Crowd2Fund IFIsa allows investors to directly choose the businesses they lend to, rather than the more common pooled funds approach.

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The platform’s Isa also enables investors to access funds via the Crowd2Fund Exchange and gives investors the chance to get rewards from businesses they invest in.

The total number of IFIsa accounts held on the platform at the end of 2017/18 increased by 70%.

As the percentage increase of IFIsa accounts held is slightly less than the rise in the pound value of total IFIsa funds (83%), this suggests that account holders are investing more in their individual IFIsa accounts.

Crowd2Fund added that this could also represent investors being more optimistic at the prospect of returns from P2P investments on Crowd2Fund.