P2P (peer-to-peer loans) is a financial sector that has developed in recent years along with the rapid development of technology. “Peer-to-peer loans” allow people and small businesses to obtain loans through e-commerce arenas, bypassing the traditional intermediaries such as banks or credit companies.
Additional information about IBI CCF
What is P2P?
What’s special about the fund?
- The fund uses a technology platform that was developed by IBI Investment House, through which it locates, examines and selects the loans in which it invests. Through e-commerce arenas, the fund acquires US consumer loans with a high credit score.
- The fund holds these loans, and the profit is generated from the interest on the loans.
Where is the money that is invested in the fund?
The money in the fund is in a customer trust account, which is controlled by the loan platforms. Loans are given to borrowers through these platforms, and the loan payments are also received through them.
Who oversees the fund?
Tzur Capital Management Ltd. serves as the fund administrator, and it calculates the fund’s assets, management fees, manages the register of partners (customers) and controls the movement of money in the fund.