You could lose all your money invested in this product.
This is a high-risk investment and is much riskier than a savings account.
ISA eligibility does not guarantee returns or protect you from losses.


  1. These terms and conditions set out the rules for a “Refer a Friend” reward scheme (the “Scheme”) offered by CapitalRise Finance Limited (firm reference number 739181) (“CapitalRise”). CapitalRise Finance Ltd is an Appointed Representative of Prosper Capital LLP, which is authorised and regulated by the Financial Conduct Authority with firm registration number 453007. References in these terms and conditions to "we", "us" and "our" are to CapitalRise.

  2. The Scheme will be effective from 00:01 hours on 20th March 2018 until 23:59 hours on 31st December 2020 (or such later date and time as we may decide in our sole discretion) (the “Scheme Period”).

  3. Those who are eligible to benefit from a reward under the Scheme are “Referrers” and “Referred Members”, as defined below.

  4. The Referrer of a Referred Member is a person who falls within one or more of the categories described below and who is either (a) identified as the Referrer in the course of the Referred Member’s online membership application process or (b) is otherwise identified by us (in our sole discretion) as having referred the Referred Member. The categories referred to above are:

    • all members of the CapitalRise platform (the “Platform”);
    • certain other persons (whose names will be recorded in a list to be maintained by us) who are classified by us in our sole discretion as friends of the Platform.

  5. Referred Members are members of the Platform who apply for and are accepted for membership during the Scheme Period and either (a) identify themselves in the course of the online membership application process as having been referred by a named Referrer or (b) are otherwise identified by us (in our sole discretion) as having been referred by a named Referrer, but excluding the following:

    • persons who became members or applied to become members of the Platform before the beginning of the Scheme Period;
    • persons who signed up to receive CapitalRise email updates before applying for membership;
    • certain other persons who are classified by us in our sole discretion as being existing contacts of the Platform (if a proposed Referred Member falls within this category, we will notify the intended Referrer of that fact as soon as practicable);
    • persons who reside in the same household as the Referrer.

  6. However:

    • in order to be eligible to benefit from a reward under the Scheme, the Referred Member and his or her Referrer must be different people;
    • a person who has received rewards in respect of five separate Referred Members will cease to be a Referrer and neither he or she nor any person whom he or she subsequently refers shall be entitled to a further reward.
    • employees of CapitalRise cannot be Referrers or Referred Members; and
    • anyone who fails to comply in all respects with these terms and conditions (and anyone referred by such a person, and any referrer of such a person) cannot be a Referrer or a Referred Member.
    • CapitalRise has absolute discretion as to whether to accept an application to invest by a Referred Member.

  7. After a Referred Member has made his or her first investment on the Platform and we have confirmed to him or her that the investment has gone live during the Scheme Period, the Referred Member and his or her Referrer will each be entitled to half of the reward described in paragraph 8 below. No reward is payable in respect of subsequent investments made by the Referred Member.

  8. The reward to be shared between the Referred Member and his or her Referrer is a sum of money equal to 2% of the amount of the Referred Member’s first investment.

  9. We will make reward payments by direct bank transfer to the payee’s Nominated Account (as defined in the Platform website terms and conditions). If the payee does not have a Nominated Account, he or she must provide to us details of an account in the payee’s name at a bank in the United Kingdom to which payment should be made. We are not obliged to make payment until these details have been provided.

  10. If for any reason a Referred Member cancels, withdraws or exits early from an investment in respect of which a reward has been paid under the Scheme before the full term of the investment has elapsed, we may in our sole discretion demand repayment of the reward from the Referred Member and his or her Referrer. In that event, they must immediately repay the reward.

  11. Rewards are payable under the Scheme only where the Referred Member and his or her Referrer are personally known to each other. Posting details of the Scheme on internet fora in order to encourage persons unknown to themselves to invest so that a reward can be secured is forbidden.

  12. All members of the Platform must ensure that in seeking to make referrals to the Platform they comply with all requirements of law and applicable regulation in relation to marketing and promotion of investments. In particular (but without limiting the generality of the foregoing):

    • they must not engage in making financial promotions by way of business;
    • they must limit their referral activity to providing contact details and a factual description of how the Platform works.

  13. We reserve the right to decline to pay a reward where in our sole opinion there has been a failure to comply with these terms and conditions or to do so would be inconsistent with the purpose and spirit of the Scheme.

  14. We reserve the right to amend, withdraw or extend any or all elements of the Scheme at any time and if we do so we will publish details on the Platform website.

  15. These terms and conditions are governed by and are to be construed in accordance with English law. Any matter or dispute arising out of or in connection with these terms and condition is subject to the exclusive jurisdiction of the English courts.