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Zopa Recaps 2016 with Total Lending of 680mn British Pounds
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Zopa Recaps 2016 with Total Lending of 680mn British Pounds

Zopa Recaps 2016 with Total Lending of 680mn British Pounds

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Jan. 6, 2017·1 min read

Zopa provides 2016 year end stats; in total they lent 680 million British pounds ($830 million); helped 20,000 people improve their home and 29,000 buy a car; the company also highlights several awards they won including Most Trusted Loan Provider by Moneywise for the seventh year in a row; the company struck many partnerships including offering phone finance with Unshackled, loans through personal finance app Pariti and a partnership with Airbnb; company also launched three new lending products for investors with varying risk and return profiles; in 2016 we also saw the first securitization of Zopa loans and learned of Zopa’s plans to apply for a banking license.  Source

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