Tagged: zopa

Jaidev Janardana Reveals Zopa’s Reaction to the UK’s Departure from the European Union

Jaidev Janardana 2

Following the announcement that the UK is set to leave the European Union (EU), CEO of Zopa, Jaidev Janardana, shared the peer-to-peer lending platform’s reaction to the shocking exit. Janardana revealed in a blog post: “With the UK voting to leave the EU, we’d like… Read More

Zopa Teams Up With Sphonic to Detect Real-Time Fraud

Jaidev Janardana

On Monday, peer-to-peer lending platform, Zopa, announced it has teamed up with risk management business, Sphonic, to launch the Workflow Manager (WFM) solution for real-time fraud detection. Zopa reported that WFM’s software acts as a context-broker that leverages data points from over 50 of the… Read More

Zopa Dubbed Moneywise Customer Service Awards’ Most Trusted Loan Provider Seventh Year in a Row

Jaidev Janardana 2

Peer to peer lending platform Zopa announced on Friday that it was named Moneywise Customer Service Awards’ Most Trust Loan Provider for the seventh year in a row. The awards event is described as the “authoritative stamp of approval by the UK consumer,” recognition is given… Read More

Zopa Picks Up Loans for Phones in Partnership with UNSHACKLED

UK Payments iPhone Money

  Peer to peer lending platform Zopa has announced a new partnership with Unshackled to provide 2-year loans for consumers that seek to finance a mobile phone instead of purchasing the device. This new announcement follows news last week that Zopa was moving into the £12… Read More

Neyber Appoints Former Zopa Employee Paul Martin Head of Credit Risk

Paul Martin

Alternative finance provider, Neyber, announced on Wednesday it has appointed former Zopa credit risk director, Paul Martin, as its new head of credit risk. Martin has reportedly 25 years of experience in the financial service sector and has held credit risks roles in various companies including… Read More

The Innovative Finance ISA is Available Today, Meanwhile Some Large P2P Platforms Wait for FCA Approval

IF ISA Innovative Finance ISA

The UK peer-to-peer (P2P) lending industry has been waiting for this day for quite some time. The Innovative Finance ISA (IF ISA) is now available to savers across the country representing a new investment option promoted as driving superior risk adjusted returns for investors.  With… Read More

Improvements to ISA Lauded by Peer to Peer Industry Participants

IF ISA Innovative Finance ISA

There has been a lot of chatter regarding the numerous announcements by Chancellor of the Exchequer George Osborne and his budget presentation to parliament this week.  One of the areas that received a government update is the structure of the ISA.  As many people understand, in… Read More

Brief: Zopa Offers Up More Details About New Lender Products

Giles Andrews Zopa

Last month, peer to peer lender Zopa announced it launched a trio of new products to replace its existing lending offerings. Zopa Access, Zopa Classic and Zopa Plus are designed to offer more choice and flexibility to lenders.  For current lenders, Zopa will retire the existing… Read More

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

FCA Approved

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

P2P

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

Zopa Preps for Innovative Finance ISA

Money Pounds UK

The godfather of peer to peer lending Zopa, has published some information on the forthcoming Innovative Finance ISA.  The long awaited update to ISAs will finally take place this coming April. At that time, savers will be able to add P2P / marketplace lending assets… Read More

Bloomberg Names Crowdcube One of UK’s Most Innovative Businesses

Crowdcube Celebration

On Tuesday, Crowdcube announced it was named of UK’s most innovative businesses by Bloomberg in its inaugural Business Innovators List. The equity crowdfunding platform declared in its blog: “Bloomberg unveiled its inaugural Bloomberg Business Innovators list, naming Crowdcube as one of the breakthrough businesses disrupting the… Read More

UK Fintech Stars Giles Andrews & Samir Desai Receive Recognition from the Queen’s New Year Honours List

CBEwithMilitaryRibbon by Picture Prince

In a sign that Fintech has entered the realm of the establishment two leading entrepreneurs have been recognized by the Queen of England in the annual Honours List which was published yesterday. Samir Desai, co-founder and CEO of Funding Circle, has been honoured as a… Read More

Report: Zopa Raising £70 Million at £500 Million Valuation

Jaidev Janardana

Zopa, the largest peer to peer lending platform in the UK, is reportedly working with JP Morgan to raise £70 million giving the company a £500 million valuation. Zopa was the first P2P lender in the UK and pioneered the concept that has been embraced… Read More

‘Our Gender Diversity Is Absolutely A Factor In Our Success’: Q&A With Krista Morgan, CEO & Co-Founder Of P2Binvestor

Krista Morgan Quote

  It was an accident that led Krista Morgan to peer-to-peer lending in 2008–a jolt caused by the high interest rate she was quoted when applying for a personal loan, during a time of notably low interest rates in the UK. After finding Zopa, one of the… Read More

Quotes From #LenditEurope: About China’s 2,000 Lending Platforms & More

Samir Desai and Peter Renton at Lendit Europe 2015

Part II: Seen & Heard at Lendit Europe If you missed attending Lendit Europe, you missed a great event. You can catch up on a selection of presentations on Lendit . For short skimming, we’ve selected a few thought-provoking quotes from day 2. You may also… Read More

Co-Founder of Capital One, Nigel Morris, Joins Zopa Board

Nigel Morris

Zopa, the UK’s largest peer to peer lender, has announced the appointment of Nigel Morris as non-executive Board Member. Morris, currently the Managing Partner at QED Investors, is the co-founder of Capital One. QED has invested in well known Fintech companies, including, Credit Karma, Avant Credit,… Read More

Brief: Zopa to Lend £60 Million this Month Topping Previous Record

UK P2PFA Members July 2015

Peer to peer lending platform Zopa has just updated Crowdfund Insider about their platform growth. According to Zopa, September is shaping up to be a stellar month. The P2P lender expects to top £60 million in loan originations beating all prior months.  Zopa is the first… Read More

The Next Unicorn On The Horizon: SalaryFinance, According To Former UK Head Of Google Founder

dan cobley

Former UK head of Google, Dan Cobley, sees a unicorn–a $1.5 billion-turnover success story–in his co-founded startup SalaryFinance, for which he left Google last year. According to Business Insider, Cobley said that SalaryFinance would “be talked about in some of the same sentences as unicorn businesses over… Read More