The P2P business lender’s IFIsa now accounts for over 15% of all loans funded through the platform.

Investors have switched to the Assetz Capital Isa from cash and stocks and shares Isas, with the platform reporting over £20m of completed or in-progress transfers.

All Assetz Capital accounts can be Isa-wrapped, with target rates starting from 4.1% per annum in the quick access account.

Stuart Law, CEO at Assetz Capital (pictured above), said that this was an encouraging milestone to have hit so early.

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“It clearly demonstrates the untapped investor demand for a proper alternative to both cash and stocks and shares Isas that balances healthy returns with a degree of risk.

“We made the decision to provide an Isa wrapper on all of our accounts – whether the quick and simple access accounts or the manual lending account for people who like to pick their own investments – and this has been very well received.”

Last week, Assetz Capital increased returns for investors with its new summer rate boost promotion.