Mini-Bond Investor FAQs

We aim to answer any of your mini-bond investor questions you may have for us below.  Please contact us if you have any further queries.

Mini-bond investor FAQs

Who can invest with CODE Investing?

To invest in mini bonds on CODE Investing you must be over 18 years old and legally entitled to invest. You must be resident in the United Kingdom or a country where you may legally receive financial promotions of the nature provided by CODE Investing, and be legally entitled to invest in the type of investments offered.

You will only be able to invest with CODE Investing Limited once you are registered as sufficiently sophisticated or otherwise appropriate for these types of investment. When registering as an Investor with CODE Investing, you will either be asked to complete a short questionnaire to determine if you understand these risks, or to certify that you are a sophisticated investor, or a “High net worth” individual.

If you are an international investor then please get in touch here.

How do I invest in a business?

You can find out more about investing with us, including the process for registering for an account here.

What type of company will I be investing in?

With CODE Investing you will invest in exciting, rigorously vetted small to medium businesses. You can see the types of businesses that you can invest in on our investment opportunities page.

What does purchasing bonds give me?

By purchasing bonds, you are lending your money to the business, who will in turn agree to pay you through regular interest payments, and to return your money in full by the maturity date. Sometimes these bonds are secured on property or other assets. Sometimes these bonds may be convertible upon reaching maturity when they may be converted into equity shares. As a bondholder you are also entitled to be repaid before a company’s shareholders if the business were to be wound up.

You can find out more about investing in bonds and how they differ from equity investments here.

What is security?

When a bond is secured on an asset, such as a property or machinery, the bondholders have a claim over that asset in the event that the interest or principal is not paid on time by the business. If a non-payment or other “default event” happens, then bond holders have the right to sell the asset so as to recoup their investment.

What does owning equity shares give me?

Owning shares(possibly  converted from bonds) gives you a direct interest in the profits of the company. If the company is successful and pays dividends, you will be entitled to a dividend for each share you own. Then if the company is ever sold, you are entitled to share proportionately in the sale proceeds.

What happens if I invest but a business doesn’t reach its minimum funding target?

If you have invested in a business and it doesn’t reach its minimum target you will be refunded in full. Your user account will be credited with the amount of money you originally committed to the business.

Why do I have a limit on the amount I can invest in businesses with CODE Investing?

Investing in a business always carries some risks – not every business makes enough profit to pay a dividend to its shareholders, and some businesses fail. To make sure CODE Investing members can afford to bear any potential losses, our regulator requires us to set a limit on how much they can invest in any year. We work this out automatically based on how much each member earns and how experienced they are as an investor.

Can I invest from overseas?

If you are an international investor then please get in touch here.

How do I take money out?

If you have uninvested funds in your account, you can request a refund of these funds at any time. Please email us your request:

Once funds have been invested in a business, and the business funds successfully on the CODE Investing platform, you are unlikely to be able to take them out of your investment until a bond matures or an “exit event” for equity happens: The company is bought by another company, is listed on a stock exchange or buys back shares from its shareholders.

If the business does not fund successfully, your funds will be returned to your account, and can be withdrawn upon request.

How can I change my details?

In the event that you’d like to change your account details, please get in touch with us at

Where are my CODE Investing funds held?

We have appointed a “custodian bank” to hold your money. Our custodian is called Global Custodian Services (GCEN), using Santander. GCEN holds your investments in a segregated account for added security and never lends your assets to third parties.

What are the costs of investing?

There are no fees for CODE Investing investors.

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