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Peer2Peer Finance News | September 23, 2019

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Jaidev Janardana

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

Funding Circle remains fastest growing P2P firm

September 10, 2018 |

FUNDING Circle has retained its place as the fastest growing peer-to-peer lending firm in the latest Sunday Times Hiscox Tech Track 100.

Fellow ‘big three’ P2P platform Zopa also featured in the list, which was published on Sunday. However, the … Read More

Zopa secures £44m in fundraising as IPO rumours continue

August 3, 2018 |

ZOPA has raised £44m in the first stage of a new fundraising round, in the latest sign that the peer-to-peer lender is preparing to go public.

Earlier this year, reports suggested that Zopa was in aiming to raise £50m ahead … Read More

Zopa back in the black after “landmark” year

July 2, 2018 |

ZOPA is back in the black in its annual results for the first time in five years, after what it called “a year of strong and sustainable growth”.

The peer-to-peer consumer lender reported pre-tax profit of £111,492 in 2017, up … Read More

Zopa is competing with tech giants not banks for talent, says CEO

March 9, 2018 |

ZOPA is competing with Google and Facebook for talent, not the likes of HSBC, the peer-to-peer lenders’ chief executive Jaidev Janardana (pictured) has said.

Speaking at the Finovate conference in London on Friday, Janardana said that the tech giants were … Read More