ShareRate
Curated by SignalPlatform allowing borrowers to collectively borrow (Crowd borrowing)
Overview
ShareRate is an online lending platform where borrowers can collectively apply for unsecured personal loans. This model aspires to help borrowers to secure a lower and similar interest rate. The borrowers would be collectively responsible for managing the cost and risk of defaults. A fix rate service fee would be charged from borrowers.This model is being termed as Crowd borrowing.
Key facts
- Founded
- 2015
- Headquarters
- Jerusalem, Israel
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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