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Zopa

EuropeFintech
·Jun. 24, 2020

Zopa Awarded Full UK Banking License

It took 18 months but Zopa has finally been granted a full banking license and can move forward with new...
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EuropeFintechUSA
·Aug. 5, 2020

More News for August 5th, 2020

Mobile bank Current launches a points rewards program for debit card users U.S. Financial Service Buckle Secured $31 Million Through...
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EuropeNews RoundupOnline Lending
·Mar. 20, 2017

Zopa Reports on the Success of Plus

Zopa launched its Plus product one year ago; the Plus product is the firm's highest risk and highest return offering; investors are reporting a 6% short-term return for the loan investments which fall in two additional risk categories: D and E; since introduced the platform has lent more than 100 million British pounds ($124 million) from approximately 9,000 investors.  Source

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News Roundup
·Nov. 23, 2008

Which Social Lending Site is Right for You

By Vivian Wagner A general guide to person-to-person lending sites Choosing the right social lending site depends on your needs,...
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EuropeNews RoundupOnline Lending
·Aug. 15, 2017

Zopa Updates Loan Pricing

Zopa has made updates to its loan pricing valuations after recently reporting technical issues; affected investors will be receiving refunds based on the updated calculations; the firm says that it has resolved any issues and is reporting monthly loan volumes of GBP80 million ($104 million). Source

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EuropeFintechNews Roundup
·Oct. 13, 2017

Zopa Hits Back at Critics About Perceived Struggles

In an interview with Business Insider at LendIt Europe Zopa CEO Jaidev Janardana says even though new investors are on hold they are growing lending volumes by as much as 50 percent; the investor waiting list is over 15,000 and the current plan is to have them start investing by year end; the interview also touched on consumer credit and the overall economy in the UK. Source.

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Peer to Peer Lending
·Dec. 21, 2016

The New Intersection of Banks and Marketplace Lending

Since Lending Club announced the first bank partnership in 2013 banks have been increasing their involvement in the marketplace lending...
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Peer to Peer Lending
·Oct. 6, 2016

Sharp Increase in Originations Across UK Platforms in September

According to the Liberum AltFi Volume Index, September 2016 originations for online lenders hit £364m in the UK. September was...
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Peer to Peer Lending
·Aug. 15, 2011

New Peer to Peer Lending Association Launches in the UK

The UK continues to be a trailblazer when it comes to p2p lending. Zopa, the market leader in the UK,...
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News RoundupOnline Lending
·Nov. 3, 2016

October Loan Origination Volume

P2P-Banking has released its monthly report on loan originations; Funding Circle led originations for the month at 106.1 million euros, also reporting a new monthly high; Zopa and Ratesetter also topped the list; Zopa reported monthly loan originations of 85.3 million euros and Ratesetter had loan originations of 63.9 million euros.  Source

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