Tagged: andrew lawson

Zopa Warns Consumers that 2/3 of Loan Applications Don’t Receive Advertised Interest Rate

Peer to peer lender and digital bank Zopa is out with note highlighting the fact that consumers too frequently do not receive the interest rate they expect when applying for a loan. In fact, Zopa states that an astounding two-thirds of loan applicants are offered… Read More

Peer to Peer Lender Zopa Increases Interest Rates Paid to Investors

Zopa, one of the largest peer to peer lenders in the UK, has announced an increase in interest rates paid to investors. Zopa currently offers two diversified investment tiers: Zopa Core and Zopa Plus. Returns have increased from 3.7% for Core and 4.5% for Plus… Read More

Zopa Announces Credit Risk Model Update

On Friday, online lending platform Zopa announced the latest update of its credit risk model. This news comes just a few weeks after the lender announced updated on improving loan sale time progress, rebate period, and ISA transfer-in. Chief Product Officer at Zopa, Andrew Lawson,… Read More

Zopa Updates Users on Improving Loan Sale Times Progress

UK-based online lender Zopa announced on Friday updates on improving loan sale times progress, rebate period and ISA transfer-in. Senior Developer at Zopa, Joe Hutchinson, explained that he and his team are working non-stop to improve on the loan sales times. He explained: “We saw major… Read More

Zopa to Launch Innovative Finance ISA in June. Other Investment Options Updated

Zopa has announced that it will launch its Innovative Finance ISAs or IFSA in June pending HMRC approval. Zopa believes demand for the new ISA will be high and said it will give priority access to existing customers. In advance of the IFISA, Zopa is… Read More

Zopa Cuts Lending Rates Following Bank of England’s Interest Rate Decrease

On Thursday, peer-to-peer lending platform Zopa announced it was making changes to its lending rates. This news comes after the Bank of England made the decision to cut interest rates. At the time of the interest cuts, The Monetary Policy Committee (MPC) released the following statement:… Read More

Artisan & Fine Foods Curator BoroughBox Returns to Crowdfunding; Seeks to Raise £120,000 Through Crowd2Fund

BoroughBox, a London curated distributor of artisanal produce, has launched a crowdfunding campaign on Crowd2Fund to £120,000 for sales, marketing and technology expansion. This campaign launches just six months after the company debuted its first funding project on UK-based Seedrs. Launched in the summer of 2014 by… Read More

Will Big P2P Lenders Be Regulated in Time for the Innovative Finance ISA?

The forthcoming Innovative Finance ISA (IFISA) launches on April 6, 2016.  This new savings vehicle is expected to drive value for both investors and peer to peer lenders alike.  For investors, the benefit is a better risk-adjusted return. All peer to peer lenders deliver far… Read More

Ahead of Innovative Finance ISA, Zopa Launches Three New Lending Options

Peer to peer lender Zopa has announced it will launch a trio of new products to replace its existing lending offerings. The new products; Zopa Access, Zopa Classic and Zopa Plus, are designed to offer more choice and flexibility to lenders.  For current lenders, Zopa… Read More

Artisan & Fine Foods Curator BoroughBox Looks to Raise Funds on Seedrs For Expansion of Delivery Service

Seeking to become UK’s leading artisan and fine foods curator, London startup BoroughBox has launched an equity crowdfunding on Seedrs to raise £120,000 for its delivery service expansion. Launched in the summer of 2014  and created by a Borough Market trader, BoroughBox is a specialist artisan and… Read More

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