Zopa

124 results about this entity

Period: 08 Feb 2006 - 27 May 2025

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.

Americans to turn to P2P lending to pay credit card debt - study

A new US study released by Javelin Research & Strategy predicts that more Americans will turn to online person-to-person (P2P) social lending networks to pay off credit card debt, with the amount borrowed for this purpose expected to grow from $38 billion in 2007 to $159 billion by 2012.

Zopa teams with credit unions for US launch

UK peer-to-peer lending platform Zopa is working with US credit unions as it looks to take on rival firms such as Prosper in the North American market.

Social lending hits Australia and New Zealand

The growth of Web 2.0-based peer-to-peer social lending services is continuing with the launch of new facilities in Australia and New Zealand.

EBay in microfinance initiative

Electronic auction house eBay has launched MicroPlace, a Web site that enables US customers to invest in microfinance projects aimed at helping people in the poorest parts of the world.

LendingClub wins $10.26 million funding; to expand beyond Facebook

LendingClub, the peer-to-peer social lending site launched on Facebook three months ago has secured $10.26 million in a Series A funding round led by Canaan Partners and Norwest Venture Partners.

Zopa opens doors to business lenders

UK peer-to-peer lending platform Zopa has opened its doors to businesses wanting to participate in the unsecured lending marketplace.

Zopa raises $12.9m in series c financing; names Dolton global CEO

UK-based online person-to-person lending and borrowing exchange Zopa has raised $12.9m in a series c funding round led by Bessemer Venture Partners. The firm has also hired Douglas Dolton, a veteran of the unsecured lending industry, as its global CEO.