Zopa

119 results about this entity

Period: 08 Feb 2006 - 06 Dec 2024

UK P2P lenders form trade body

UK peer-to-peer (P2P) lending sites Zopa, Funding Circle and RateSetter have set up a trade body.

Zopa sees surge in demand as banks fail to meet consumer interests

UK peer-to-peer lender Zopa is reporting a surge in consumer interest as traditional banks continue to tighten credit lines and milk the spreads on interest-bearing loans.

New players beat traditional banks in public trust stakes

With traditional high street banks losing public confidence in the wake of the financial crisis, online provider first direct and P2P lender Zopa have taken advantage to emerge as the industry's most trusted players, according to research from Moneywise magazine.

Social lending site Yes-Secure preps for UK launch

UK-based person-to-person lending pioneer Zopa is set to get a first whiff of competition on its home turf with the launch next month of a new online lending facility Yes-Secure.

Loanio stops taking new loans as SEC outlines reasons for P2P lending freeze

Loanio has become the latest US online person-to-person lending exchange to stop taking new loans whilst it registers promissory notes with securities authorities.

Prosper stops taking new loans

US online person-to-person lending exchange Prosper has stopped accepting new loans as it looks to register its business with federal regulators.

Zopa quits US

Peer-to-peer lending platform Zopa is shutting down its operations in the US - just 10 months after launching in the country - due to tough market conditions.

P2P lender Zopa reports soaring uptake as credit crunch bites

As the credit crisis forces traditional banks to tighten their lending criteria, UK P2P loan market pioneer Zopa is reporting soaring interest from both borrowers and lenders.

Zopa passes 200,000 members

As traditional banks tighten their lending criteria, UK P2P loan market pioneer Zopa is forecasting fast growth after passing the 200,000 member milestone earlier this month.

Zopa targets Japanese market

UK social lending platform Zopa has announced plans to launch its person-to-person service in Japan later this year.

Banks facing increasing competition from social networks - Gartner

Social banking platforms - such as peer-to-peer (P2P) lending networks like Zopa and Prosper - will grow to control 10% of the worldwide market for retail lending and financial planning by 2010, according to research by consultancy Gartner.

Canadian P2P loan operator CommunityLend secures funding

Canadian peer-to-peer loan start-up CommunityLend has secured $2.5 million in funding and rounded out its management team in advance of a live launch slated for Q1 2008.