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Company

Zopa Ltd Products   
3rd Floor Radiant House36-38 Mortimer St
London,  UK  W1W 7RG
United Kingdom
URL: http://www.uk.zopa.com
Email: info@uk.zopa.com

Zopa (TM) Limited, based in London, England, operates an online social lending service. The firm's web-based platform allows borrowers and lenders to complete small loan transactions without paying expensive banking loan fees. Zopa vets marketplace participants, working only with borrowers who have sound credit scores. The company works with Equifax in collecting information on borrowers and lenders. Zopa lenders define their loan amounts and rates, posting the information online. Borrowers select appropriate loans. All borrowers and lenders sign legally binding loan contracts. Money is disbursed in small amounts to multiple borrowers, limiting risk to lenders. Zopa earns revenue from 0.5 percent transaction and 0.5 annual servicing fees. The company provides customers with e-mail support services.

Org. Type: Corporation Equity Type: Private
Company Status: Active

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Zopa Ltd--Company News

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