25 Mar 2014

CNBC - Live Interview with Tim Levene

CNBC – Live Interview with Tim Levene. 

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17 Mar 2014

Why Business Is Picking Up For High-End Pawn Shops

One of the interesting, and potentially market-changing, stories to come out of this current recession is the creation of high-end pawn operations, or what some people in the business prefer to call "collateral lenders."

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04 Mar 2014

Borro, The High-End Online Pawnshop, Raises $112M To Fill Its Finance Pool, Expand In U.S.

Borro, an online platform that lets people borrow cash and put up luxury watches, art and other fine goods as collateral, is today announcing a new funding round of $112 million, coming entirely from one backer that focuses on finance investments, Victory Park Capital. Paul Aitken, Borro’s founder and CEO, tells me that the money will be used to continue to grow out its business in the markets where it is active — the UK and the U.S. — and specifically to expand the pool of money that Borro has available to offer for financing.

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19 Feb 2014

Focus on gold: bullish about bullion?

The price of gold, as set in London, had until yesterday moved higher in nine consecutive daily trading sessions. This is a remarkable run; it last happened in August 2012, before the precious metal suffered a severe reverse in the spring of last year.  

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11 Feb 2014

Interactive Investor Adds Augmentum Capital As Investor

Interactive Investor has raised a new undisclosed investment round to help grow its technology platform.

The business, which was set up 1995, is being backed by Augmentum Capital and Unicorn AIM VCT through the transaction.

Through its platform, Interactive Investor helps users to make financial decisions and manage investments by bringing together tools, facts and independent information. Some 600,000 posts are made on its discussion boards each year, while funds purchased by customers through the platform increased by 200 per cent in 2013 compared to 2012, according to a statement.

- See more at: http://www.growthbusiness.co.uk/news-and-market-deals/fundraising-deals/2453807/interactive-investor-adds-augmentum-capital-as-investor.thtml#sthash.ZFO7z668.dpuf

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10 Feb 2014

Total Lending Between Zopa Members Since Launch

It’s an interesting chart, especially the hockey stick rise in funds transferred as the financial crisis hit, and relates to a recent headline in the Financial Times: P2P group Zopa secures £15m investment from Arrowgrass Capital

The article included the following line:

“Lending Club, the largest P2P lender, has issued $3.5bn in loans since 2006 and reached a valuation of $2.3bn late last year. The company is considering a US stock offering expected later this year. Prosper, the next biggest US P2P, raised $25m from investors including BlackRock and Sequoia Capital in September … [Zopa] has facilitated £455m of loans over the past nine years.”

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10 Feb 2014

Interactive Investor Attracts Backing From Two New Institutional Investors

Monday, 10 February 2014 – Interactive Investor, the DIY investment service championing straightforward investing, today announces that Augmentum Capital and Unicorn AIM VCT have become shareholders in the company. The funding will help Interactive Investor accelerate growth as one of the UK’s most innovative investment platforms.

Augmentum has built a portfolio of investments in internet-focussed companies and is wholly backed by RIT Capital Partners plc, the award-winning investment trust chaired by Lord Rothschild, whose family own 18% of RIT’s shares.  Other companies in the Augmentum portfolio include Bullion Vault.com, Zopa and borro.

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29 Jan 2014

P2P Group Zopa Secures £15M Investment From Arrowgrass Captial

Zopa, Europe's largest peer-to-peer loan platform, has secured £15m from London-based hedge fund Arrowgrass Partners in the latest sign of investor interest in companies that use technology to cut banks out of the lending process. 

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27 Jan 2014

The Martin Lewis Money Show - Peer-to-peer Lending


You can watch Martin’s show on ITVPlayer. The peer-to-peer lending feature starts around 16 minutes in.

We would like to welcome the hundreds of new members to Zopa who have joined us after seeing the Martin Lewis Money Show last Friday on ITV1. If you need any assistance with your lending please get in touch on contactus@zopa.com or Tweet us via @Zopa.

We are fans of Martin’s guides for consumers and pleased that he chose to cover peer-to-peer lending on TV and the MoneySavingExpert website. We think Martin’s advice to dip a toe in the water with peer-to-peer lending is a sensible approach. We see many savers start lending with smaller amounts before going on to lend more over time. As the first and largest p2p lender we now have over 46,000 active savers – some lending over £1m and some starting with just £100.



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14 Jan 2014

Is this 5pc Savings Rate A Good Investment?

A company that cuts out banks to lend savers' money directly to borrowers is offering returns of 5pc fixed for five years. 

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