Zopa

Zopa Secures UK Banking License

Zopa Secures UK Banking License
Zopa Secures UK Banking License
June 24, 2020  |  Bank Regulation

Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...

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Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

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How PSD2 Is Changing Lending In The UK
How PSD2 Is Changing Lending In The UK
March 08, 2019  |  Legal & Regulation

PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and...

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How PSD2 Will Change Lending
How PSD2 Will Change Lending
March 07, 2019  |  Legal & Regulation

Merchants and customers are now transacting under PSD2 and GDPR in the European Union (EU) — regulations that allow a greater window into how customer...

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FCA Awards P2P Lender Zopa First UK Banking License
FCA Awards P2P Lender Zopa First UK Banking License
December 04, 2018  |  Banking

British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full...

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UK Regulators Taking Very Close Look At P2P Lending
UK Regulators Taking Very Close Look At P2P Lending
July 31, 2018  |  Alternative Credit

The P2P lending market is big business in the U.K. According to the U.K. Peer-to-Peer Finance Association (P2PFA), a self-regulating P2P industry group that includes...

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‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders
March 21, 2017  |  B2B Payments

Alternative SME lending platform MarketInvoice has named Giles Andrews as its first chairman, and according to reports, that means Andrews will chair the board of...

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P2P Lender Zopa Introduces Waiting List For New Investors
P2P Lender Zopa Introduces Waiting List For New Investors
March 14, 2017  |  Payment Methods

Zopa, the peer-to-peer lender in the U.K., has created a waiting list for investors who want to get access to the online marketplace. Get the...

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