KaraFiThe platform for trading financial credits
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KaraFi marketplace

The off-exchange market for financial credits

File a request to buy or sell debt (discounting); smart matching finds the counterparty, and the trading board gives a clear view of supply and demand.

List a credit for transferFile a purchase request

The marketplace's basic services are free for everyone.

Trading board

Today's market at a glance

Published supply and demand, the spread of maturities and average discount rates — without the parties' names.

Supply

0 live requests

Total nominal value
0 IRR
Average rate range
—

Demand

0 live requests

Total nominal value
0 IRR
Average rate range
—

Maturity distribution

SupplyDemand
  • Up to 3 months00
  • 3–6 months00
  • 6–9 months00
  • 9–12 months00
  • Over 12 months00

Latest sell offers

Sell board ←
Holding GAM certificates or a bill of exchange? List the first one.

Latest purchase requests

Buy board ←
Have cash and want certificates? File a purchase request.

Three ways to deal

When you file a request you choose how the deal should run.

Direct

Once connected, the two sides see each other's details and negotiate directly.

Brokered

KaraFi's brokerage desk runs the negotiation and introduces the two sides once they agree.

Expert-assisted

A KaraFi expert publishes the request on your behalf, finds the counterparty and stays with you until the deal is done.

The marketplace's business rules

  1. 1A verified identity is required to send a request to the market.
  2. 2Each trader may have at most 3 buy and 3 sell requests, and 4 live in total — to keep the market clean and stop duplicates.
  3. 3In phase one, every request is reviewed and approved by KaraFi's experts before publication.
  4. 4Each certificate is worth 1,000,000 IRR at face value and matures within 12 months.
  5. 5Requests are first saved in the applicant's cartable and sent to the market whenever they choose.
  6. 6Profiles carry a green tick for identity, and offers a green tick for authenticity (the GAM certificates' SMS).

Marketplace services

  • Filing requests to buy and sell debt (discounting)
  • Smart matching of supply and demand
  • The trading board
  • Connection to the bank network for transferring receivables (Coming soon)

Supplier banks

The banks that issue GAM certificates — and soon, transferring receivables through a direct bank-network connection.

All banks