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

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

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 UK P2P lending company, secures bank license

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, closes £60M round on path to launching a bank

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 mean for UK startups?

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 mercurial nature of P2P lending

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

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

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

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.

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

<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,

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

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

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

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

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

<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

P2P lending site RateSetter sees £1m lent in two months since launch

<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

Social lending platform Funding Circle launches as a Zopa-for-SMEs

<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

SEC Greenlights Prosper; P2P Lending Resumes In 14 States, More Coming

<a href="http://www.prosper.com/"><img src="http://www.beta.techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a>Good news for P2P lending and trading platform <a href="http://www

P2P Lending Marketplace Prosper Gets Off The Bench, Debuts Open Market Initiative

<a href="http://www.prosper.com/"><img src="http://www.beta.techcrunch.com/wp-content/prosper-logo.png" width="165" height="33" /></a><a href="http://www.prosper.com/">Prosper</a>, the people-to-peopl

Prosper And Other P2P Lenders Get Squeezed By The Credit Crunch

<a href="http://www.lendingstats.com/membershipGrowth"><img src="https://beta.techcrunch.com/wp-content/uploads/2008/10/prosper-lending-stats.png" /></a> <a href="http://www.prosper.com/">Prosper</a>

P2P Loans GainingTraction. Lending Club Goes Nationwide

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

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’ t

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
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