What is "microplace"

MicroPlace, was a US microfinance provider that focused on retail investors. Started by Tracey Pettengill Turner in 2006, MicroPlace was bought out by eBay Inc that same year.

MicroPlace provided everyday investors with the ability to make investments in the microfinance industry that had the potential to earn interest. This contrasts with most other services for microlenders, which generally rely on a charitable model.

The company acted as a broker-dealer and is registered with the SEC and is a member of FINRA.