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Peer2Peer Finance News | March 21, 2019

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Jaidev Janardana

Zopa names new P2P chief and chairman

February 14, 2019 |

ZOPA has promoted Natasha Wear to chief executive of its peer-to-peer business, amid a boardroom reshuffle that will see Zopa co-founder Giles Andrews step down as chairman.

Wear, who was most recently Zopa’s head of investment products, has helped develop … Read More

Zopa passes £4bn lending milestone

February 1, 2019 |

ZOPA has hit the £4bn lending milestone.

The peer-to-peer consumer lender said the milestone equates to 170,000 car loans, 135,000 debt consolidation loans and 110,000 home improvement loans, since it started lending in 2005.

“Since pioneering the P2P lending industry … Read More

P2P set for fundraising boom in 2019

January 2, 2019 |

INVESTORS could be set to benefit from another bumper year of equity fundraisings in the peer-to-peer lending sector.

P2P lenders raised more than £10m through crowdfunding platforms last year to boost their technology and operations, while almost £2bn was ploughed … Read More

Forget me not? Why Zopa’s P2P roots will still be important for its bank

December 6, 2018 |

ZOPA’S long-awaited banking licence has finally come through, but what does this mean for the wider peer-to-peer lending sector?

The world’s oldest P2P lender has, in some ways, gone full circle with its plans to launch a bank.

It was … Read More

Zopa gains banking licence

December 4, 2018 |

ZOPA has finally been awarded a banking licence, more than two years after first announcing its plans to launch a digital bank.

The world’s oldest peer-to-peer lender unveiled the news on Tuesday, explaining that it has a “bank licence with restrictions” … Read More

Zopa CEO: Marketing restrictions appropriate for riskier platforms

November 19, 2018 |

ZOPA’S chief executive has said that proposed investor marketing restrictions are appropriate for platforms that offer riskier manual lending opportunities but not for them.

Jaidev Janardana (pictured) said that when an investor is lending against one property or one business, … Read More

Zopa raises £60m in largest funding round to date

November 8, 2018 |

ZOPA has raised £60m in its largest funding round to date, to help fund the capital needs for its soon-to-launch bank.

The peer-to-peer consumer lender, which first announced plans to launch a bank in late 2016, commenced a funding round … Read More

The Peer2Peer Finance News Power 50 2018

November 1, 2018 |

The 2018 Peer2Peer Finance News Power 50 demonstrates just how much this multi-billionpound industry has achieved over the past year.

Our definitive annual list of the 50 most influential people in the UK’s P2P sector includes the head of the … Read More

Zopa to increase senior female headcount by five per cent

October 16, 2018 |

ZOPA has promised to increase the number of women in senior roles at the firm by five per cent by December 2021.

The peer-to-peer platform has announced that 38 per cent of its senior roles are currently held by women, … Read More

Zopa supports Citizens Advice ‘super-complaint’

September 28, 2018 |

ZOPA is supporting a ‘super-complaint’ against the Competition and Markets Authority (CMA) which aims to stop loyal bank customers from being overcharged.

National consumer protection charity Citizens Advice lodged the super-complaint on Friday, after calculating that UK consumers lose out … Read More