Founded in 2014, MoneyPlace is a peer-to-peer (P2P) lending platform, also known as a loan marketplace. Its mission is to provide fairer, better-value personal loans to borrowers and more rewarding investment opportunities to investors by using technology to reduce the costs associated with traditional banking. The platform leverages a proprietary credit assessment model to evaluate borrowers, who can apply for unsecured personal loans for various purposes. These loans are then funded by a pool of retail and wholesale investors seeking returns from consumer credit.

Founded in

Australia