Tagged: zopa

RateSetter Secures £20 Million Investment from Ken Costa, Woodford Investment Management & Artemis

Zopa Money Trees

The investment in the peer-to-peer lender RateSetter, from veteran investment banker, Ken Costa, Woodford Investment Management and Artemis, places confidence in the nascent UK P2P and crowdfunding industry. Costa also led a £25m investment in the online-only challenger bank, Atom Bank, late last year. The £20 million investment will be used to invest in technology and… Read More

Peer to Peer Lenders Encouraged by Osborne Speech & Tax Break Policy

United Kingdom Budget UK

Earlier this week George Osborne, Chancellor of the Exchequer, took his story up to Parliament to share his view of the UK economy and his strategic vision going forward.  The speech was broadly well-received, and as politicians typically do, there was something for everyone including a tax consultation on newspapers (to help the jurassic industry maintain… Read More

Also Sprach Zopa: A Decade of Reflection, Current Research Findings & a Slick Video

zopa

2005: A Zopa Odyssey In these weeks, Zopa has celebrated a decade as a innovative and disruptive alternative financial leader.  Led by CEO Giles Andrews,  Zopa has lent over £750 million and predicts it will top £1 billion within the next couple of months.  To recap, in 2014 alone, Zopa facilitated over around £266 million indicating strong platform… Read More

Zopa CEO Giles Andrews Clarifies P2P Lending’s Dramatic Growth, P2PFA’s Importance & Alternative Finance’s Relevance

Zopa Ten Years of Lending

Celebrating the tenth anniversary in finance,  Zopa, world’s first peer to peer lender has made significant achievements since its founding  “in a barn in Buckinghamshire.”   Zopa, led by CEO and Co-Founder Giles Andrews, launched a disruptive financial industry that enables consumers and businesses to bypass banks. Since 2005,  Zopa has lent over £750 million and predicts it… Read More

Zopa: 10 Years of Peer to Peer Lending (Infographic)

Champagne Celebration Celebrate Cork

Zopa has just celebrated its birthday of providing loans to consumers for 10 years.  Since the site launched way back in 2005, the peer to peer lending industry has changed and grown dramatically.  This growth continues today with the incorporation of new technology, better customer service and more institutional money being directed to the now… Read More

Happy Birthday Zopa. Peer to Peer Lender Celebrates 10 Years of Direct Lending

Happy Birthday Zopa

Zopa, worlds first peer to peer lender, is celebrating its birthday today.  Ten years ago the innovative company was founded “in a barn in Buckinghamshire”.  While the direct lending industry now has many companies participating around the world much credit should be given to Zopa as it launched an industry to allow consumers and businesses to… Read More

Innovate Finance to Host Fintech Global Summit in London: March 9th, Guild Hall

innovate finance

Innovate Finance, the independent membership organisation that represents the voice of Britain’s global fintech sector, is hosting its first global summit on Tuesday, March 9th, 2015 at the Guildhall in London.  The major event will explore the impact of fintech on the financial services sector and how new innovations are helping to create a better… Read More

Brief: Zopa System Stops “Sophisticated” Fraud Attempt

Stop Fraud

UK peer to peer lender Zopa recently incorporated an automated system to detect fraudulent attempts at accessing their lending system. As a growing number of consumers shift from traditional banks to borrowing online it is inevitable the fraudsters and crooks will attempt to stumble in.  In this specific case an individual (or group of individuals)… Read More

Zopa: More Brits Using their Platform to Consolidate Debt

Credit Cards

According to peer to peer lender Zopa, the number of Britons consolidating credit card debts using long-term loans through Zopa has increased by 57 per cent year on year, while the value of these consolidation loans has increased by 62 per cent in January compared to the same period last year.  This is in light… Read More

UK Peer to Peer Lending Index Launched by AltFi

Liberum AltFi Returns Index

AltFi Data has launched the first Index to track the returns available from the UK peer to peer and marketplace lending industry. The Liberum AltFi Returns Index (LARI) is described as accurately tracking peer to peer lending returns using complete loan-by-loan cash flows provided by the major platforms. Currently, the Index calculations are based on aggregated data from just the 3… Read More

Zopa Receives 2X Recognition at MoneyFacts Awards

Giles Andrews

Peer to peer lender Zopa received a nice shout out at the 2015 Moneyfacts Awards. Zopa received awards for both “Personal Loan Provider of the Year” and “Best Customer Service”. The latter award is particularly nice as the P2P space continues to grow and service will continue to be a great product differentiator. The judging… Read More

Brief: Zopa Signs up C4L to Boost Network & Security

P2P

Peer to peer lender Zopa has contracted with the C4L network for fast and secure circuit connectivity between Zopa’s Data Centres and headquarters. Zipper’s CEO Matt McGuire, was quoted on the arrangement: “We are very pleased with the service we have received from C4L and the solution they have created for us. Our customers’ data is extremely secure… Read More

Zopa Expects £550 Million in Loans for 2015

Zopa Money Trees

UK peer to peer lending platform Zopa experienced an 81% rate of growth for 2013, according to a report in the Telegraph.  The ten year old platform is booming as total loans stood at £268 million for 2014, a number that is predicted to jump to £550 million for 2015 according to the report. Since… Read More

Simon Deane-Johns Talks Crowdfunding Regulations (Video)

Simon Deane-Johns

Zopa co-founder and Keystone attorney Simon Deane-Johns recently participated in several panels at the successful ECN Crowdfunding Convention held in Paris in December.  Zopa was the first peer to peer lending platform so Deane-Johns has been engaged in new forms of finance since the early days and he has had the opportunity to see the evolution up… Read More

Abundance Co-Founder & UKCFA Director Bruce Davis Spotlights Democratic Finance, ISAs & Crowdfunding in the UK

Bruce Davis Quote Featured

The European Alternative Finance Benchmarking Survey deadline has been extended until 6 January 2015. In late November  The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms… Read More

George Osborne Voices Support for P2P Lenders, Small Business, in Autumn Statement

Budget 2014

Chancellor of the Exchequer George Osborne delivered his Autumn statement to parliament today and the winding speech had something for everyone. In a largely upbeat report, Osborne highlighted the many positives about the UK economy since the current leaders moved in to Number 10 Downing street.  The Exchequer staff has compiled a list of 16… Read More

Zopa Partners with Flow; P2P Lender to Provide Finance to Flow Customers

Flow Boiler Pays for Itself

Peer to peer lending platform Zopa has signed an agreement with Flow to provide financing to Flow customers.  Flow is a company that has been developing and commercialising alternative energy products for about a decade.  One of those products is the Flow Boiler.  The product is described as an “innovative boiler” that generates electricity as it heats your home…. Read More

Zopa Partners with AU10Tix on ID Authentication

Computer work

Leading peer to peer lending platform Zopa has partnered with tech company AU10Tix to improve identification process. AU10TIX is a fully owned subsidiary of ICTS International N.V. Zopa is raising the bar in protecting lenders against fraud by verifying borrowers more thoroughly by checking official documents such as passports and other official IDs. By incorporating the… Read More

Cambridge’s Dr. Mia Gray Clarifies Collaborative Nesta Report: UK Economic Geography Update

Dr Mia Gray Cambridge University 2

Dr. Mia Gray opines about the recent Nesta and University of Cambridge report.   To recap, Nesta, a UK based innovation charity and staunch proponent of entrepreneurship and creativity, recently published an update on the alternative finance industry in the United Kingdom.  Crowdfund Insider JD Alois explains, “The report notes this new financial sector, that includes crowdfunding, peer to peer… Read More

Brief: MoneyWeek Awards Recognizes New Funding Platforms

industry quality award trophy

August print publication, and associated web site, MoneyWeek, offered their first ever “MoneyWeek Awards” and alongside the traditional brokers and manager types a few new forms of finance made the list. The publication recognized two peer to peer lenders and a single equity crowdfunding platform as best in their class.  The periodical states that “only… Read More