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CreditPlace, a peer-to-peer lending marketplace has raised $1.6M seed funding

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CreditPlace is leading the Pay Today revolution and offering a solution for deferred payments

Tel Aviv, Israel – Sept 12, 2016. RedNewswire/-

Creditplace has recently raised $1.6M  seed funding in financing round led by Serge Aziza, Dekel Golan Chief Executive Officer of Chaarat Gold Holdings Ltd  & Chairman of Creditplace, and other private investors.

CreditPlace is Israel-based peer-to-peer lending marketplace. Creditplace incomes depend on charges for facilitating between the gatherings. It charges a 0.5-0.7% expense from the organization asking for subsidizing and 10% of the premium which financial specialists get.

The fund raised will be used to invest in PR and advertising and for preparations to expand their platform to other countries.

Creditplace CEO Yaron Saban said, “The company intends to use the raised capital to increase its penetration into the Israeli market, while making the “net 0 revolution” available for new audiences.”

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