Itumeleng Mpatlanyana's Colleagues at gazaataDotCom
Itumeleng Mpatlanyana's Contact Details
Pretoria,Gauteng,South Africa
gazaataDotCom
Itumeleng Mpatlanyana's Company Details
gazaataDotCom is a peer-to-peer (alternatively known as person-to-person) online lending platform. This is one of the most innovative loan lending and investing products of recent times.It enables qualifying borrowers to lower their cost of loans and individual lenders/investors to lend directly to their peers and the community at large thereby earning higher returns as opposed to your money sitting in a bank account.What gazataDotCo essentially do is provide an online platform where borrowers and lenders can interact directly, without having to go through the traditional financial intermediaries like banks, who have become such large and powerful organizations in today's time that they dictate all terms and conditions for both borrowers and lenders.Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. To keep up with profitability levels, banks must take large margins on the money that passes through them. Earning out of the difference in interests (what it pays to depositors and what it charges from borrowers) is the main source of revenue for any bank and has been the key element in the functioning of all traditional financial institutions.gazataDotCo helps eliminate the high margins which banks and financial institutions make on your transactions. Our model allows us to keep institutional charges at a bare minimum and we simply pass on this benefit to you.Therefore, whether you are a Borrower or a Lender you get the best interest rates by using the gazataDotCo online platform. Because we know every % makes a difference on your loan repayment or savings/investment interest income.