Zopa - It’s Called Social Finance

Zopa, funny name but great idea. The idea is this: Bring together a community of people who help each other financially using the tools of finance and social networking together. Confused? Don’t worry, I was too. I’ll break it down further for you, but first I’ll tell you a bit about Zopa, the global social finance company.

Zopa is a US company chartered in Delaware that also has operations in the UK and Italy. It first launched in the UK in 2005 where it now has over 87,000 users on its peer-to-peer lending website. It launched in the United States in 2006. Read more…