Prosper Capital provides regulatory services to young and growing businesses. We help individual businesses and funds to raise money from investors while complying with their obligations to the FCA. These businesses can then access alternative sources of funding such as crowdfunding and networks of sophisticated investors. We have helped to raise over £200 million for small businesses over the last 5 years. We have particular expertise in crowdfunding, EIS and funds in the technology, green energy, property and media sectors. Prosper Capital has broad retail permissions and can provide alternative investment fund manager (AIFM) services and operate unregulated collective investment schemes (UCIS).
Regulatory cover: if your business wants to do regulated business then Prosper can provide the permissions you need through its authorised representative service. We are happy to provide this service on a monthly basis and can assist you if you later wish to apply to the FCA to be directly regulated.
Crowdfunding and financial promotion: we can enable your business to raise money through the crowd by helping you to construct an investment website that is compliant with financial regulations and to promote your business to investors online, through social media, email and through networks of independent financial advisers. Prosper provides training to sales teams and management to help ensure financial promotions are carried out in accordance with the FCA rules.
Funds: We currently act as the alternative investment fund manager for a number of EIS and other alternative investment funds. Prosper deals with the regulatory side of each fund leaving the business to concentrate on finding the right investors and the right businesses to invest in.
Shares and bonds: as well as shares we have experience of bond offerings, crowdbonds and property bonds, which can be useful for founders who do not want to give up equity.
Government-backed tax incentives: we do not do tax schemes but we can help you to get the most out of government-approved tax incentives such as the enterprise investment scheme (EIS) and the innovative finance ISA (IFISA). Prosper is a long-standing member of the EIS Association and registered with HMRC as an IFISA manager.
Prosper Capital is authorised and regulated by the Financial Conduct Authority (FCA). A full list of the activities that the firm is authorised to carry out can be found on the Financial Services Register on the FCA’s website at https://register.fca.org.uk