SparkIL

Peer-to-Peer Lending Platform

Fintech & Insurtech
Active
Pre-Funding Jerusalem, Israel Founded 2018
Website ↗ LinkedIn
Last updated 2026-06-18
Total raised
—
Stage
Pre-Funding
Founded
2018
Headcount
10
HQ
Jerusalem, Israel
Sector
Fintech & Insurtech

About

SparkIL enables lenders from around the world to open an account and make a zero-interest loan to a business of their choosing according to their personal values, for as little as $25. Once each loan is repaid, lenders will be given the option to re-invest in another business or withdraw their funds. The goal of SparkIL is to spark economic growth and social empowerment in Israel while using direct digital engagement to seed community bridge building and emotional connectivity to Israel and its people among lenders.

Q&A

What is SparkIL's primary business activity?
SparkIL operates as a Peer-to-Peer Lending Platform, enabling individuals to make zero-interest loans to businesses in Israel.
What is SparkIL's mission?
SparkIL aims to foster economic growth and social empowerment in Israel by facilitating direct digital engagement and building community connections between lenders and the Israeli people.
When was SparkIL founded?
SparkIL was founded in January 2018.
In which country is SparkIL headquartered?
SparkIL is headquartered in Jerusalem, Israel.
What is SparkIL's current funding stage?
SparkIL is currently in the Pre-Funding stage.
What is SparkIL's primary sector classification?
SparkIL's primary sector is Fintech & Insurtech.
What is the minimum loan amount a lender can provide through SparkIL?
Lenders can make a loan for as little as $25 through SparkIL's platform.

Team · 1

Doug Bitonti
Founder · BOARD MEMBER
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Platforms & InterfacesWeb
Target customers
ConsumersFinancial & Real EstatePrivate Investors
Business model
B2C

Highlights

Verified

Tags

web-platformcrowdfundingcrowd-lending
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)