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SoMo

Accredited Investors
Real Estate Debt
Real Estate Crowdfunding

What is SoMo?

SoMo is a real estate crowdfunding platform from United Kingdom. SoMo serves as an online community for investing in real estate debt starting at £5,000, and enables real estate developers to receive funding directly from investors. The investments are denominated in GBP and are available for retails investors. The company behind the platform is Social Money Limited which was founded in 2012 with its headquarters in Altrincham, United Kingdom.

Minimum Investment
£5,000
Projected Returns
High (9%+)
Public Statistics
No
Mobile Application
No
Auto Invest
Yes
Secondary Market
Yes
Buyback Guarantee
No
Open to investors
Yes
Open to borrowers
Yes

What does SoMo offer?

At SoMo, you can make GBP-denominated investments starting from £25,000. You can also buy and sell loans on a secondary market.

SoMo discloses statistics about its funded loans on a dedicated public page but does not share its monthly funding volumes with P2PMarketData.

SoMo Details

Legal Company Name
Social Money Limited
Business ID
08054296
Main Currency
British Pound Sterling (£)
Headquarters Location
United Kingdom
Founded Date
May 2012

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