the business

Hosking, Patrick
March 2005
New Statesman;3/14/2005, Vol. 134 Issue 4731, p15
Examines the formation of alternative consumer loan services. Description of Zopa, a online loan service that matches individual lenders to individual borrowers; Potential benefits of interpersonal loans to the borrower and the lender; Intention for Zopa to follow the pattern of cooperatives and micro-enterprise lending; Design of the service to prevent risk to lenders; Popularity of the service among lenders and borrowers.


Related Articles

  • Zone of potential for financial exchange. Mortimer, Ruth // Brand Strategy;May2005, Issue 192, p12 

    Reports on the British online personal finance brand Zopa, the new business concept that sees investors and borrowers missing out the bank's middle man. Strategy of changing consumers' financial habits by cutting out the banks and helping lenders and borrowers find each other direct; James...

  • Zopa: lending the eBay way.  // MarketWatch: Financial Services;Apr2005, Vol. 4 Issue 4, p11 

    The article reports on the launching of an online exchange called Zopa which allows members to borrow up to 25,000 pounds from peers instead of using a traditional bank. The web site, based on eBay Inc. concept, is a lending company which offers investors with higher returns and borrowers with...

  • Cyber currency. Mwanza, Chimwemwe // Finweek;11/29/2007, p80 

    The article discusses the alleged increasing popularity of cellphone banking in Africa. It is inferred that pre-paid airtime has become a virtual currency where people use this to exchange goods and services across countries. Experts observed that this model has been used in the trading system...

  • Assurance Seals On Web Sites Aren't Foolproof. Tzortzatos, Ranya; Boulianne, Emillio // Bank Technology News;Jul2005, Vol. 18 Issue 7, p44 

    Argues that web-based assurance seals used by U.S. banks and other financial institutions in their electronic transactions are not foolproof. Reasons why electronic commerce is not reaching its potential; Emergence of assurance seals which aims to reassure on-line shoppers that Web transactions...

  • Quick quick slow. Bruce, Robert // Accountancy;Feb2003, Vol. 131 Issue 1314, p67 

    The article focuses on the latest trend in the business world, e-business, which loses all its fizz as soon as it starts. But the importance of e-business has not gone away. It is stronger than ever. It is much more comforting to dismiss it as a load of old froth which has now been blown away as...

  • Www.Personal_Asset_Allocation. Consiglio, Andrea; Cocco, Flavio; Zenios, Stavros A. // Interfaces;Jul/Aug2004, Vol. 34 Issue 4, p287 

    Today consumers demand delivery of financial services anytime and anywhere, and their needs and desires are evolving rapidly. The World Wide Web provides a rich channel for distributing customized services to a range of clients. An Internet-based system developed by Prometeia S.r.l. for Italian...

  • Study Offers Look At Trends In Online Banking.  // Credit Union Journal;2/13/2009, Vol. 13 Issue 7, p18 

    The article offers an analysis on the trends in online banking. It states that a study was undertaken by CashEdge Inc., on the current situation of online banking industry as viewed by its customers. Findings showed a significant trend in the opening of bank accounts, the transfer of money from...

  • U.S. Version of U.K. P2P Loan Site Planned. Wolfe, Daniel // American Banker;3/17/2005, Vol. 170 Issue 52, p12 

    Discusses how several veterans of the British online bank Egg PLC have started an innovative person-to-person lending Web site, Zopa.co.uk, and plan to expand into the United States. Description of the idea behind the Web site, which is designed to match people who want to borrow with people who...

  • Zopa Expands Into U.S. In Deal With Six CUs. Freeman, Lisa // Credit Union Journal;12/3/2007, Vol. 11 Issue 48, p1 

    The article reports on the expansion of Zopa or "Zone of Possible Agreement," which is said to be the world's first online social finance company, into the United States. It is mentioned that Zopa's peer-to-peer lending system is being launched in the U.S. which would require interested parties...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics