Shojin crowdfunding platform enters administration

FCA News & Press Releases

Filed March 30th, 2026

Detected March 31st, 2026

Summary

The FCA announced that Shojin Financial Services Limited, a regulated crowdfunding platform, entered administration on 23 March 2026. Joint Administrators Simon Carvill-Biggs and Ian Corfield of FRP Trading Advisory Limited were appointed. The FCA is engaging with the firm and administrators to seek the best outcomes for investors who funded property development loans.

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What changed

Shojin Financial Services Limited, an FCA-authorised crowdfunding platform, entered administration on 23 March 2026. The Joint Administrators are now responsible for recovering value from property development companies for the benefit of creditors and investors. The FCA is monitoring the situation closely.

Affected investors should await direct contact from FRP Trading Advisory Limited regarding their investments. Customers experiencing financial difficulties can access free guidance through the Money Advice Service. No immediate compliance actions are required by regulated entities.

What to do next

If you are an affected investor, await direct contact from FRP's Joint Administrators at the provided email address
If you are experiencing financial difficulties, seek free guidance from the Money Advice Service
Monitor FCA communications for any further updates on the administration process

Source document (simplified)

Shojin Financial Services Limited enters administration

News stories First published:

30/03/2026

Last updated: 30/03/2026 Linkedin Twitter
Shojin Financial Services Limited (Shojin) is a crowdfunding platform authorised and regulated by the FCA.

Shojin allowed customers to make investments that were used to fund loans toward property developments.

On 23 March 2026, Shojin went into administration. Simon Carvill-Biggs and Ian Corfield of FRP Trading Advisory Limited were appointed as Joint Administrators.

The Joint Administrators are responsible for acting in the best interests of the people who are owed money by Shojin, and they must work as quickly and efficiently as possible. While investors are not always classed as creditors, they should still benefit if the Joint Administrators can recover as much value as possible from the property development companies involved. If you are affected by Shojin entering administration, the Joint Administrators will get in touch with you directly.

The FCA is engaging with the firm and the Joint Administrators to seek to ensure the best outcomes for investors.

If you have any questions in the meantime about your investment, please contact FRP’s customer support team: [email protected].

Customers who are struggling financially can get free and impartial guidance from the Money Advice Service.

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