In 2021, U.K. neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of a big investment from SoftBank and a plan to go public by 2022. Now it’s 2023, and Zo
After raising $300 million in a round led by SoftBank back in 2021, U.K. neobank Zopa has closed a deal to put more funding in its coffers. The company — which provides consumers with lending se
Another big infusion of cash from a major investor is making its way to a fintech out of the U.K. on the heels of strong growth. Today Zopa — a neobank with some 500,000 users in the U.K. where
Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit car
Zopa, the U.K. peer-to-peer lending company that wants to become a bank, has been awarded a bank license by the U.K.’s financial regulators, the Financial Conduct Authority (FCA) and Prudential
Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital. Enter Zopa, the U.K. peer-to-peer lending company that wants to become a bank, which today
What does leaving the EU’s Digital Single Market (DMS) mean for UK startups? No one actually knows. That’s why three UK VCs are backing an initiative to assess the impact of what leaving the D
The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Fun
Earlier this month, J.P. Morgan announced a strategic partnership with OnDeck Capital to originate, underwrite, and distribute loans targeted specifically at small businesses.
As evidenced by a 28%
Plans by the UK government to curtail the number of skilled tech workers allowed into the country have received a stinging rebuke from over 200 of the UK’s most successful technology entrepreneurs.
<a target="_blank" href="http://Zopa.com">Zopa</a>, at nine years the world's oldest and largest peer-to-peer lending company, has closed a £15m ($25m) funding round from Arrowgrass Capital Partners,
A new UK startup is giving P2P lending a go. Competing most directly with Zopa, and RateSetter, London-based <a target="_blank" href="http://www.lendingworks.co.uk/">Lending Works</a> has opened for b
Despite bailing them out (and practically owning some of them), the UK government seems unable to force high street banks to begin lending to small businesses again and this is causing a big problem f
<a target="_blank" href="http://www.zopa.com/" title="Zopa">Zopa</a>, the oldest of P2P lending sites, certainly in the UK, has announced that it's raised a new "multi-million pound" round led by Augm
<img src="http://eu.beta.techcrunch.com/wp-content/uploads/logo10.png" alt="" title="logo" width="194" height="136" class="shot" /><a href="http://www.ratesetter.com">RateSetter</a>, the UK peer-to-pe
<img src="http://eu.beta.techcrunch.com/wp-content/uploads/fc-logo-header.jpg" alt="" title="fc-logo-header" width="286" height="77" class="shot" /><a href="http://www.fundingcircle.com">Funding Circl
<a href="http://www.prosper.com/"><img src="https://techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a>Good news for P2P lending and trading platform <a href="http://www.prosper
<a href="http://www.prosper.com/"><img src="https://techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a><a href="http://www.prosper.com/">Prosper</a>, the people-to-people lendin
<a href="http://www.lendingstats.com/membershipGrowth"><img src="https://techcrunch.com/wp-content/uploads/2008/10/prosper-lending-stats.png" /></a>
<a href="http://www.prosper.com/">Prosper</a> and
Despite sub-prime loan worries rocking the economy, peer-to-peer loans are gaining some traction. You’d think loans between individuals would be much riskier than loans from a bank, but it turns
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