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[Broadband]| Tuesday 20th March 2007 |
The two items are related because the UK site is preparing to launch in the US where it will look to draw on the experience of Douglas Dolton in the US savings and lending industries. As well funding as growth in the UK, the investment is intended to boost the US venture.
'We are very happy to lead on this third round of funding,' said
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According to Zopa, which was two years old on 7 March, it has recruited more than 135,000 members. We marked the anniversary with an interview with founder and UK CEO James Alexander.
Zopa (Zone of possible agreement) is a website that lets borrowers and lenders choose the rates they will accept and then matches the two together. A kind of eBay for money.
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