Zopa doubles revenue in peer-to-peer boom

September 20th, 2015|

The P2P lender is making heavy losses as it hires more staff, but hopes to turn profitable in 2017.

Peer-to-peer lender Zopa saw its revenues double last year as more savers and borrowers used its platform – but its losses also doubled as the business hired more staff to prepare for its planned future growth.

Revenues jumped […]

Peer to Peer Lending Review

September 3rd, 2015|

We’ve put together a comprehensive review of Peer to Peer Lending platforms purely focused on Investors seeking to diversify their portfolio for loans to Individuals. We do plan […]

Banks should be afraid.The disruption of financial services has only just begun!

August 23rd, 2015|

Banking will undergo a revolution such as that seen on high street travel, betting and book-selling.

We are becoming used to doing more of our banking online or on mobiles – in fact it has probably been some time since many of us actually set foot in a high street bank branch. This might lead you […]

Peer to peer lending giant Zopa is growing like crazy and will do £1 billion next year

August 19th, 2015|

Peer-to-peer lending — where savers cut out banks and lend directly to people and businesses at better rates — is growing explosively in the UK and the latest company to underline this is Zopa.

The London-based company just announced that it hit a big lending milestone after 10 years — £1 billion ($1.5 billion).

The peer-to-peer (P2P) […]

How Will a Interest Rate Rise Impact the UK P2P Lending Space?

July 26th, 2015|

Britain has been warned: the first rate rise since the financial crisis is coming.

Governor of the Bank of England Mark Carney confirmed last week that the long window of 0.5% borrowing costs is coming to a close. Mr. Carney stated that the base rate cost of borrowing is likely to climb to just over 2%. […]

Including P2Plending in the new innovative finance ISA will provide boost for millions of Brits

July 26th, 2015|

According to Giles Andrews, CEO and co-founder of Zopa (one the UK’s larges P2P lending platforms), something momentous has happened to the UK peer-to-peer lending industry, as the government finally confirmed its plans to introduce a new type of Isa covering peer-to-peer loans. This boost for the sector comes a decade after his company Zopa pioneered the […]

Peer-to-peer lending on BBC’s Your Money

July 25th, 2015|

BBC Your Money – Brings us some insights into businesses who have greatly benefited by Peer to Peer Lending.