Tagged: zopa

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

4thWay Compares Zopa, RateSetter & Funding Circle in P2P Match-Up

UK P2PFA Members July 2015

Peer to peer lending comparison site 4thWay has shared a data points of the “big 3″ direct lenders in the UK.  4thWay notes the platforms are “aligned” as one would expect. All three continue to have “satisfactory to excellent bad debt rates”.  How much you… Read More

‘Learn To Show Off': Advice To Women, From Julia Groves, Director of Trillion Fund

julia groves featured

As the director of Trillion Fund, a renewable energy and social investment crowdfunding platform, Julia Groves has a key piece of advice for women new to working in crowdfunding: Learn to show off. “Grit your teeth and do it, otherwise someone less amazing than you might get the… Read More

Giles Andrews Out as Zopa CEO. Replaced by Jaidev Janardana

Jaidev Janardana

Leading peer to peer lending platform Zopa has announced an executive shake-up that has removed Giles Andrews as CEO. Effective immediately, Jaidev Janardana is the new CEO of Zopa. Andrews, a Zopa co-founder, will now be Executive Chairman of the fast growing direct lender. Janardana… Read More

Zopa Tops £1 Billion in Loans, A UK First for Peer to Peer Lending

Zopa One Billion

Zopa has become the first UK peer to peer lender to surpass £1 billion (about $1.564 billion) in lending as direct lender states P2P lending has now become mainstream. The P2P lender has already matched more loans in 2015 than it did in the whole of… Read More

Does it Matter Who Does the Lending on Peer-to-Peer Lending Platforms?

Cherry Picking P2P Loans Peer to peer

This is a question I get asked a lot. And the usual line of thinking of those asking the question is that it does matter.  The common assumption is that the increased activity of “institutional” funds is crowding out the core retail investors that platforms… Read More

Crowdfunding Losing its Crowd? Money&Co CEO Nicola Horlick Promises, “We Will Keep the Crowd.”

Nicola Horlick

Interest in crowdfunding from banks and other noteworthy investors including some family offices has steadily increased in recent months, so much that Money&Co blogged, “It’s often said that crowdfunding is in danger of losing the crowd.” Could crowdfunding lose its crowd? How does the industry… Read More

Revolut Raises £1.5m through Balderton Capital for its Alternative Foreign Exchange Service

revolut

Fintech company Revolut has raised £1.5m in a funding round led by leading tech VC house Balderton Capital, reported TechWorld’s Sam Shead. Funding will be used to launch the business’ money transfer app on iOS and Android. Revolut’s technology allows people to transfer money through a… Read More

Leaders of Innovative Finance Respond to UK Budget Policy, Embrace ISA Approach

George Osborne and his Summer Budget

  The Chancellor of the Exchequer’s summer budget was said to put economic security first and was a plan for “working people”. But incorporated in the policy statement was also aspects that should benefit disruptive financial firms on both the debt and equity side of… Read More

Consumer Review Site Which? Rates P2P Lenders

peer lending 1

The largest consumer review site in the UK Which? has reviewed several peer to peer lending platforms. Which?, in operation since 1957,  now claims over 680,000 print subscribers and 335,000 online readers.  The non-profit entity tests and reviews a wide range of products and services,… Read More

Brief: RateSetter & Zopa Take Top Customer Service Awards

First Place Prize Trophy

The Moneywise Custome Service Awards 2015 took place this week.  Described as the “authoritative stamp of approval by the UK consumer” recognition is given to financial service firms for providing exemplary service to their customers.  In recent years as finance has altered direction and moved… Read More

Mercator Advisory Group’s Research Reveals: Peer-to-Peer Lending Platforms Revolutionizing Traditional Practices

P2P Word Cloud Boost

Mercator Advisory Group’s latest research, An Introduction to Peer-to-Peer Lending: A European Perspective analyzes the new and fast growing payments segment peer-to-peer (P2P) lending and the business models underpinning it. The report focuses on P2P lending providers in the European market, in particular the U.K., profiling the leaders… Read More