Launched in 2005, Zopa was started by a team that comprises many of those that founded Egg plc in the UK. The name, ZOPA, stands for Zone of Possible Agreement, a term identifying the bounds within which agreement can be reached between two parties. Zopa.com is a provides an online money exchange, allowing people to act as lenders to provide money directly to people wanting to borrow it, without the need to go through banks. Both borrowers and lendors are charged a 0.5% fee by Zopa on the funds for each transaction.
 | Zopa Loan Zopa Loans is a new concept in personal finance from the team that set up Egg - at Zopa you borrow from other people, not from a bank. Apply / Find out more / Read a review |
