MoneyPlace
Bank / / 66 views
MoneyPlace was founded by a group of like-minded, energetic people that know personal loans can be done better. Starting with a blank piece of paper, we surrounded ourselves with brilliant people and began designing a new way to borrow and invest.
MoneyPlace is an online marketplace that connects wholesale investors with credit-worthy borrowers seeking personal loans. Investors at MoneyPlace fund unsecured personal loans for everyday Australians, and in-turn receive the principal and interest repayments paid by these borrowers (less a management fee).
We offer an alternative asset class for wholesale and institutional investors, previously only accessible to traditional lenders, which offers higher expected yields than traditional fixed-income products.
Wholesale investors
Investment in MoneyPlace is currently open to wholesale or professional investors, with a minimum commitment of at least $150,000. Foreign investors may be required to invest more.
- Listing ID: 9020