SoMo Crowdfunding Platform For Online Fundraising in 2024

SoMo is a UK-based property platform established in 2012 that specializes in providing secured lending opportunities for investors seeking higher yields and diversification. The platform caters to financial institutions, advisors, and family offices, offering a range of investment options in the real estate sector. To date, SoMo has facilitated over £237,000,000 in lending transactions.

Operating primarily in the United Kingdom, SoMo focuses on peer-to-peer (P2P) lending, connecting investors with real estate projects in need of financing. Investors can participate in these opportunities with a minimum investment of £5,000, although specific details regarding the advertised return, total funding volume, and average loan duration are not explicitly disclosed.

With a commitment to transparency and professionalism, SoMo conducts its operations in English and adheres to regulatory standards within the United Kingdom. While the platform does not currently hold an ECSP license number, its track record and established presence in the market showcase its credibility and reliability for investors looking to enter the real estate lending space.

In summary, SoMo stands out as a prominent player in the UK property investment landscape, offering a platform for investors to access secured lending opportunities in the real estate sector, backed by a history of successful transactions and a focus on delivering value to its clientele.