CAPITALRISE has joined the UK Crowdfunding Association (UKCFA).
The property investment platform, which focuses on high-end properties in Prime Central London, announced on Monday that it is now a member of the crowdfunding trade body.
The UKCFA liaises with regulators and policymakers, providing a collective voice for its members to help the industry progress.
“Being a member of an industry body helps add CapitalRise’s voice to the conversation when it comes to seeking improvements for regulation and positive changes within the overall crowdfunding industry,” CapitalRise said in a blog post on its website.
“All UKCFA members support calls for a strong regulatory framework, which will aim to protect platforms, businesses, and investors without halting the development of this exciting industry.
“We are pleased to be members of this fantastic organization and are committed to taking positive steps to help our industry grow, develop and thrive.”
The UKCFA already has a number of P2P lenders as members, including CrowdProperty, Money & Co and Rebuildingsociety. Other members include equity crowdfunding platforms such as Crowdcube and crowd bond platforms such as Abundance.
The other trade body representing some P2P platforms is the Peer-to-Peer Finance Association, which has eight members including Funding Circle and Zopa.