Archives for: October 2013

Zopa offer lambs to borrowers

October 24th, 2013
Zopa
Zopa have launched a new advert for lambs.  What you may ask ?  Have they gone baaa-my ? The Zopa forum have been quick to provide some humorous puns on this topic Zopa - we won't fleece you ??? - jevans4949 We don't just cut rates at ZOPA.  We she… more »

Funding Circle moves into United States of America

October 24th, 2013
Funding Circle
Funding Circle have today announced that that are moving into the US market, partnering with an American company.  Funding Circle also state that they will be developing new "asset finance and commercial property products" here in the UK and we will awa… more »

Zopa split A market into two

October 23rd, 2013
Zopa
Just as Zopa passed the £400million milestone, they have also announced they are splitting the "A" market into "A1" and "A2". Here is the statement from Zopa: Just a quick update here to let you all know we have adjusted our markets slightly for bor… more »

Zopa break £400million mark

October 23rd, 2013
Zopa
Zopa have today broken the £400millon mark by arranged loans.  This is significant considering that a quarter of these loans were arranged within the last 6 months.  With rates to borrowers having fallen also during this period, we expect this rate to i… more »

P2P lending reaches £50million per month

October 13th, 2013
P2P Money
It was back in April 2013 that peer to peer lending had grown to such a level that £850,000 of new loans were being arranged every day.  That itself was a great achievement for an industry which was growing at around 100% per annum.  In the space of six… more »