Tagged: zopa

January 22, 2013 @ 1:25 am By The Telegraph  |  

Peer-to-peer lending has the potential to kickstart the economy by providing credit for small businesses Despite some encouraging signs, the UK economy remains in trouble. Growth remains weak and confidence fragile. Lending to small and medium businesses – the motor for job creation – has… Read More

January 18, 2013 @ 4:03 am By Real Business  |  

Start-ups and early stage businesses have usually been the territory of the three f’s: friends, family and fools. Typically, when the f’s have been exhausted, the projects that survived and still show promise would turn to institutional providers – banks, debt providers and venture capitalists…. Read More

December 23, 2012 @ 7:17 am By The Independent  |  

Zopa are expecting a doubling in the market for peer-to peer lending in 2013 as consumers and small businesses in particular turn their back on the traditional high-street banks. Disillusionment is one reason for this and so, it seems, are the terrible returns on savings… Read More

December 17, 2012 @ 10:22 pm By JD Alois  |  

  Following the comments by Bank of England Director Andrew Haldane which challenged the hegemony of the traditional banking industry in the UK several Crowdfunding leaders voiced their support in CityAM for his comments; “pretty strong evidence that we are becoming a major threat”, and that… Read More

December 12, 2012 @ 7:37 am By Growth Business UK  |  

As part of the Business Finance Partnership package, Cable has pledged £55 million to peer-to-peer lenders and other finance suppliers. The structure of the capital means that match funding from the private sector is expected to generate an extra £55 million, taking the total to £110… Read More

December 10, 2012 @ 7:45 am By Dealbook  |  

LONDON – RIT Capital Partners, the investment firm chaired by Jacob Rothschild, said on Monday that it had acquired a stake in a British crowdfunding company, Zopa. The investment, which was made through the venture capital vehicle Augmentum Capital, is a bet on growing demand… Read More