CreditPlace
Peer-to-Peer Lending Marketplace
Company Overview
Snapshot
Founded in February 2013 by Yonathan Kammoun and Serge Aziza, CreditPlace operates with 1–10 employees. The company has raised $9.6M across two funding rounds from three investors. In November 2018, CreditPlace secured an $8M funding round.
Business overview
CreditPlace operates a peer-to-peer trading marketplace within the Fintech & Insurtech sector, specifically focusing on Lending & Financing. The company's core technology facilitates a platform where businesses can sell invoices and investors can purchase them, aiming to provide businesses with quick payments and investors with annual returns. CreditPlace serves the Israeli market, with a focus on consumers, financial and real estate entities, and private investors.
Strategic signal
CreditPlace ceased operations in January 2024, indicating a significant shift in its business trajectory. This event signals to investors and innovation teams that the company is no longer active in the peer-to-peer lending marketplace, marking a complete exit from the market.
Log in to access full profile ›Company Intelligence Q&A
- What is CreditPlace's primary business model?
- CreditPlace operates a peer-to-peer trading arena where businesses can sell invoices and investors can choose portfolios, facilitating quick payments for businesses and potential returns for investors. The company's business models include B2C and B2B.
- When was CreditPlace founded and by whom?
- CreditPlace was founded in February 2013 by Yonathan Kammoun and Serge Aziza.
- What was the last disclosed funding event for CreditPlace?
- In November 2018, CreditPlace raised $8 million in a funding round. OM2 participated in this round.
- What is the current operational status of CreditPlace?
- CreditPlace ceased to operate in January 2024, and its status is currently Non Active.
- What was a notable early funding round for CreditPlace?
- In September 2016, CreditPlace secured a Seed funding round with participation from Dekel Golan.