Category: Background

Reaction to Zopa launching a bank

November 18th, 2016
P2P money was the first to break the news that Zopa was launching a bank on Wednesday. The reaction from experienced lenders on the P2P Independent Forum has been mixed, with some accusing Zopa of going over to the dark side. The user hendragon wrote:… more »

Zopa to launch a bank

November 16th, 2016
The world's first peer-to-peer lending platform - Zopa - is planning on launching a bank in 2018.  Zopa has come full circle, having started in 2005 as an alternative to banks, and it is now launching its own bank, in addition to its current peer-to-pee… more »

Insight into FCA requirements

October 27th, 2016
Yesterday I received an email from a peer-to-peer lending platform concerning some changes to their lending model.  The platform states that these changes have been requested by the FCA in order to make their lending model compliant with the relevant le… more »

Zopa reduce rates again

October 24th, 2016
We reported back in September that following the Bank of England reduction in the base rate that Zopa would be dropping their rates by 0.2%.  Zopa have subsequently announed that they are reducing lending rates again by 0.2%. Here is the full email sen… more »

Crowdstacker Innovative Finance ISA

October 21st, 2016
Crowdstacker is one of the few peer-to-peer companies which has received full FCA authorisation, and as such is able to offer an Innovative Finance ISA.  They have published some data which suggests that 90% of customers opening an IF ISA are new to the… more »