Zopa

 
  • Zopa to launch in US and Italy

    Lots of news form UK-based peer-to-peer lending startup Zopa, which is prepping its US launch this week. Zopa is also launching officially in Italy this week after a ‘friends and family’ trial. Meanwhile, the new listings service (a sort of 21st Century version of the begging letter, covered here), has produced £250K worth of bids in the first month of operation. Among those looking… Read More

  • Zopa To Launch In U.S.

    Zopa To Launch In U.S.

    U.K.-based peer to peer lending startup Zopa is gearing up for their U.S. launch. Reports of the launch have been circulating for some time (WSJ), but now it seems only days away. The service will be available at us.zopa.com, but is currently under password protection. Zopa’s peer to peer lending service differs from U.S. rivals by working with credit unions to offer person-to-person loans… Read More

  • Zopa launches social lending feature

    Zopa launches social lending feature

    Zopa, still (it would appear) the world’s first peer to peer online lending service, has launched Zopa Listings, allowing individual borrowers to post their own specific requests for loans for individual lenders to review and then bid against. Zopa already has a Markets product where lenders meet borrowers. The new Zopa Listings (to be found here) allows individuals to ‘pitch’… Read More

  • LendingClub To Close $10.26 Million Series A

    LendingClub To Close $10.26 Million Series A

    Peer to peer lending service Lending Club will close a $10.26 million series A round of financing from Norwest Venture Partners and Canaan Partners tomorrow. This comes a few months after the company’s $2 million angel round. Coinciding with the investment, Jeff Crowe and Dan Ciporin (former ceo of shopping.com) are joining Lending Club’s board of directors. Similar to other P2P… Read More

  • Profile – Zopa

    Profile – Zopa

    Company: Zopa Launched: March 2005 Status: Funded by Benchmark Capital and Wellington Partners Location: London Overview: Zopa, based in London, is a lending network. Zopa synidicates loans requested by “borrower” members out to “lender” members, based on criteria and parameters set by both parties. Zopa stands for “Zone of Possible Agreement”, which “is… Read More