Tagged: zopa

Zopa Announces Rebranding & Unveils New Website Look

zopa-new-look

On Tuesday, UK peer-to-peer lender Zopa announced it was rebranding. The company stated that the “new identity” will give it a springboard for its ambitious plans to bring its products to even more UK consumers, and create personalized services for all users. Sharing details about… Read More

Report on Zopa: Too Much Investor Demand Curtails Retail Access to P2P Loans

slow investor limits

This may be a case of too much of a good thing. The FT is reporting that Zopa has put a halt to retail investors lending money on their peer to peer lending platform. Allegedly, yield hungry investors are “flooding” the market hunting for better… Read More

Zopa Will Launch Challenger Bank to Compliment P2P Lending

Jaidev-Janardana

Zopa, the grande dame of peer to peer lending, has revealed its intent to launch a “next generation” challenger bank. Zopa CEO Jaidev Janardana stated they have created a scalable, profitable business yet they had only begun; “Launching a bank, to sit alongside our existing peer-to-peer… Read More

Brief: Zopa Announces Zopathon16 Challenge

zopa

Earlier this week, peer-to-peer lender Zopa announced it will be hosting Zopathon16, which is described as a 24-hour opportunity to developers, product people, and designers to present their fintech ideas.  The lender revealed: “After last year’s success we decided to replicate it this year with a new… Read More

Brief: Zopa’s Giles Andrews Named One of Digital Banking Club’s Power 50

Giles Andrews Zopa

Peer-to-peer lending platform Zopa recently announced its co-founder Giles Andrew was named one of Digital Banking Club’s Power 50. The list notably features the most innovative and influential people in European digital financial services. Zopa revealed that the list was selected by members of the Digital Banking… Read More

Zopa’s Jaidev Janardana at LendIt Europe: “We Were Profitable in September & We’ll Be Profitable Moving Forward” (Video)

jaidev-janardana

Earlier this week, CEO of peer-to-peer lending platform Zopa Jaidev Janardana took to the stage of the marketplace lending conference, LendIt Europe, to share details about the industry’s growth and development over the past year. During his keynote speech, “2016: Growing Up,” Janardana noted despite… Read More

Zopa Announces New Partnership With Airbnb to Help Customers Pay Back Home Loans

zopa

Earlier this week, peer-to-peer lending platform Zopa announced it has teamed up with Airbnb as a way to help UK customers pay back their home loans. The lender revealed borrowers just need to sign up to become an Airbnb host through a link on their Zopa dashboard…. Read More

Zopa Teams Up With Fintech Startup Pariti to Help Millennials Pay Off Credit Cards

Credit Cards

On Tuesday, UK money management app, Pariti, announced it has teamed up with peer-to-peer lending platform, Zopa, to help millennials pay off their credit cards. Pariti, which was authorized by the FCA this June, is currently seeking to be a “pioneer” a new “marketplace banking” model. Its app… Read More

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

Money Pounds UK

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

Zopa’s 2015 Annual Report Reveals: £8.9M Loss Despite Revenues Almost Doubling

Zopa Sketch Jaidev-Janardana

On Friday, peer-to-peer lender Zopa released its 2015 annual report and financial statements. The numbers revealed that despite loans disbursals more than doubled, rising from £265 million disbursed in 2014 to £532 million, and revenues for the year increased £11.5 million in 2014 to £20.6 million,… Read More

Zopa Relocates: Moves Into New London Bridge Digs

Zopa Sketch Jaidev-Janardana

Last week, the team at Zopa announced they have officially moved from their Chancery Lane office to the peer-to-peer lending platform’s new location in London Bridge. The company shared in a blog post: “This office move is much more than a location change: it’s a statement that Zopa… Read More

Zopa Announces New Chief Technology Officer

Zopa-LaptopHome

On Tuesday, peer-to-peer lending platform Zopa announced it has appointed Ronen Benchetrit as its new Chief Technology Officer (CTO). The website shared this hire is considered a strategic hire for its fintech business. Ronen, which is bringing more than two decades of software and management expertise to Zopa… Read More

UK Crowdfunding Industry Comments on FCA’s Call for Input on Rules

Adam Smith Money UK

As announced earlier today, the Financial Conduct Authority (FCA) has requested feedback from interested parties regarding the regulatory environment for debt and investment-based crowdfunding. The process is part of an anticipated periodic review of this new form of finance. Original rules were enacted in 2014…. Read More

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