Zopa

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…

Zopa, the UK neobank, hits 1M customers and raises another $93M

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 —…

Zopa, the UK neobank, raises $93M more at a $1B+ valuation

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…

Zopa raises $300M at a $1B valuation to expand its P2P lending and savings neobank in the UK

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…

Zopa granted full UK bank license as it gears up to launch savings account and credit card

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…

Zopa, the UK P2P lending company, secures bank license

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…

Zopa, the UK P2P lending company, closes £60M round on path to launching a bank

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…

What does leaving the EU’s Digital Single Market mean for UK startups?

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 Funding…

The mercurial nature of P2P lending

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% single-day spike…

J.P. Morgan, OnDeck And The Future of Alternative Lending

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…

230 Entrepreneurs Rebuke UK Gov Plans To Curb Migration For Tech Talent

Zopa, 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, an alternative asset manager (more commonly known…

P2P Lending Pioneer Zopa Closes $25m From Hedge Fund For UK Expansion

A new UK startup is giving P2P lending a go. Competing most directly with Zopa, and RateSetter, London-based Lending Works has opened for business this week, matching those that have…

After Raising £3.5M Pre-Launch, Lending Works Opens Its P2P Loans Business In UK

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…

British Government Boards The P2P Lending Train: Plans To Loan £30M Through Funding Circle, Zopa

Zopa, the oldest of P2P lending sites, certainly in the UK, has announced that it’s raised a new “multi-million pound” round led by Augmentum Capital, the VC fund backed by…

As UK Gov Eyes Up Regulation, P2P Lender Zopa Raises “Multi-Million Pound” Round Led By Augmentum Capital

RateSetter, the UK peer-to-peer lending site that competes with Zopa and, less directly, Funding Circle, has announced that it has seen £1 million lent through its platform since the site…

Funding Circle is a newly launched peer-to-peer lending site in the UK with a number of heavy-weight backers including Andy Homer, Chief Executive of Towergate Partnership, and Jon Moulton, the…

Good news for P2P lending and trading platform Prosper as it concludes its 9-month hiatus during which it was not allowed to continue its loan operations in the United States.…

Prosper, the people-to-people lending service that launched way back in May 2006, has found itself on a rocky road so far. Last October, Prosper suspended new lending in order to…

Prosper and other peer-to-peer lenders like Zopa and Lending Club may turn out to be collateral damage from the credit crisis. Yesterday, Prosper suspended new lending in order to register…

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…

Zopa to launch in US and Italy

1:02 pm PST • December 3, 2007

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…

Zopa To Launch In U.S.

10:53 am PST • November 30, 2007

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…

Zopa launches social lending feature

12:01 am PDT • October 30, 2007

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…

LendingClub To Close $10.26 Million Series A

2:31 pm PDT • August 22, 2007

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…

Profile – Zopa

11:29 am PDT • August 7, 2005

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”…