UK challenger bank Metro Bank is to lend funds to consumers via the online marketplace operated by P2P pioneer Zopa.
Uber has struck a deal with peer-to-peer lender Zopa to offer its London-based drivers financing for new cars.
Zopa and Flowgroup plc (AIM: FLOW) announce they have signed a commercial agreement to provide finance to Flowgroup customers on an innovative, money saving and low carbon boiler.
Peer-to-peer lending pioneer, Zopa, has announced today that it has made available its full loan book in a partnership with AltFi Data.
Peer-to-peer lending platform Zopa, has today announced it has lent a quarter of a billion pounds (£250m) in 12 months to UK borrowers.
P2P loan outfit Zopa has brightened the morning commute for travellers arriving at London Victoria Station by setting up a market stall to hand out free 'money trees' to bemused passers-by.
The UK's largest peer-to-peer lender, Zopa, has now lent over £500 million of consumer savings to UK borrowers since launching in 2005. The pioneering lending company has shown significant levels of growth by lending over £200 million (40% of total) in the last 12 months.
Proposals by the UK's Chancellor of the Exchequer to explore legislation that will force banks to refer small businesses that they turn down for loans to crowdfunding and P2P platforms have been cheered by the alternative lending industry.
Software developer ThoughtWorks has helped peer-to-peer lending platform Zopa to build for the future and gain a better understanding of its customers.
Figures released by the UK Peer to Peer Finance Association shows the industry in buoyant mood ahead of the introduction of new regulations in April, with P2P lending increasing by 121% during 2013.
© Finextra Research 2015