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
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
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
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 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
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
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
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
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
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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