MoneyThing IFISA: Pre-registration and launch plan
MoneyThing are now accepting pre-registrations for the IFISA. There will be a soft-launch of the MT IFISA in early March 2018 followed by a phased roll-out from the start of the new financial year in April 2018.
MoneyThing will be accepting pre-registrations for the IFISA from existing lenders only.
Pre-registration will operate on a first-come, first-serve basis. Lenders that wish to pre-register should email ifisa@moneything.com with their MT reference number. Pre-registered lenders will be invited to complete an IFISA application from March. Subject to demand, it may not be possible to complete all applications in this financial year so early registration is advisable to avoid disappointment.
MoneyThing have been working on the technical implementation of an in-house IFISA solution for some time and will be commencing Beta testing with a small number of registered beta testers in February.
Ed Pearce, MD at MT said “In response to lender demand, we’ve been working hard to get the IFISA launched in this financial year. Time is tight, but we’ll do our best to sign up as many customers as we can during the soft-launch phase. We see the IFISA as a crucial part of lender services so we took the decision to operate our own IFISA instead of using a third party provider. That meant more development, but longer term, gives us more flexibility over the services we offer.”
Regular updates will be provided to lenders during the launch period.