Total raised
—
Stage
Pre-Funding
Founded
2018
Headcount
10
HQ
Jerusalem
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.
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is SparkIL's primary business activity?
- SparkIL operates as a Peer-to-Peer Lending Platform, enabling individuals globally to provide zero-interest loans to businesses in Israel.
- When was SparkIL founded?
- SparkIL was founded in January 2018.
- What was SparkIL's former name?
- SparkIL previously operated under the name crowd.il.
- What is the current employee count for SparkIL?
- SparkIL currently has 1-10 employees.
- What is SparkIL's current funding stage?
- SparkIL is currently in the Pre-Funding stage.
- Which markets does SparkIL target geographically?
- SparkIL targets the United States and Israel as its geographic markets.
- Who was appointed as CEO of SparkIL in March 2022?
- Na'ama Ore was appointed as the CEO of SparkIL in March 2022, according to finance.walla.co.il.
- What is the minimum loan amount a lender can provide through SparkIL?
- Lenders can make a zero-interest loan for as little as $25 through SparkIL.
- What is the primary sector classification for SparkIL?
- SparkIL's primary sector classification is Fintech & Insurtech.
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